A recently released TransUnion rental screening report reveals that not every hot apartment market started out 2012 with the same force it enjoyed in early 2011. The report shows that on a national average, rental rates for major metro areas during the first quarter of 2012 went up by 4.4 percent, from $829 to $865. But in some of the most sought after markets it appears concessions were in fact being made based on the year-over-year analysis, at least by property managers using TransUnion’s multifamily services. The data analysis for the report was conducted by collecting data from property managers using TransUnion’s rental screening solutions. The report included data from more than 130,000 rental applications. Here’s a look at how things changed over the past year:

Metro Area Q1 2011 Average Rent Q1 2012 Average Rent % Change
Atlanta $737 $783 6.3%
Dallas $917 $926 1.0%
Phoenix $677 $683 0.9%
San Diego $1,307 $1,316 0.7%
Las Vegas $686 $679 -1.0%
Houston $891 $881 -1.1%
Washington, D.C. $1,383 $1,365 -1.2%
Los Angeles $1,396 $1,359 -2.6%
Chicago $842 $802 -4.8%
Denver $891 $812 -8.8%