That share of the market has been gradually slipping. Back in 1012, it was 32.2 percent.

Nationally, the decline is more pronounced: In 2023, 32.1 percent of renter households paid less than $1,000 a month, reflecting drops from 35.2 percent in 2022, 37 percent in 2019, and 50.4 percent in 2012. That's an 18.3 percentage point difference in 12 years.

The share dropped even more in Providence. Back in 2012, 65.7 percent of the apartment market charged under $1,000. Last year, it was 47 percent, an 18.7 drop. The region reportedly is seeing an uptick in demand as Greater Boston renters head south for more affordable housing.

Here's the breakdown for the New England cities on the list:

The cities that saw the biggest biggest declines in this market share were Birmingham, Ala., Phoenix, Las Vegas, Charlotte, N.C., and Richmond, Va.

For this report, Redfin analyzed US Census Bureau data. "We excluded 2020 because of data collection issues experienced by the Census during the pandemic. This report covers US apartments in buildings with five or more units. Historical rents are inflation-adjusted to represent 2023 dollars," the report stated.

The report covered the nation's 50 largest metros.

Unsurprisingly, California had the smallest share of apartments for under $1,000 a month, with San Diego and San Jose topping the list, in that order, and Washington, D.C., Denver, Austin, and Miami following. In San Diego, 7.1 percent of renter households paid less than $1,000 a month in 2023.

The report said these areas "have either long been expensive or exploded in popularity in recent years, causing rents to rise."

Boston ranked 24th.

The metros with the largest shares of apartments that rented for under $1,000 a month were Oklahoma City, New Orleans, Cleveland, Louisville, Ky., and Pittsburgh.

"The aforementioned metro areas have among the lowest asking rents in the country, but it's worth noting that some have seen large increases lately -- likely because those low rents have fueled an uptick in demand," the report said.

Here's how all of the metro areas fared:

Since 2019, these cities have seen an increase in the percentage of apartments renting for under $1,000: Baltimore (25.1 percent from 21.6 percent), New Orleans (3.5% from 60.5 percent), New York City (24.9 percent from 23.7 percent), and Los Angeles(13 percent from 12.3 percent).