Rental Market News
Monthly Rental Tracker
Rental Market Tracker: Asking Rents Rose for the Third-Straight Month in March, Driven By the Midwest
The median U.S. asking rent rose 1% from a year earlier. By comparison, rents jumped 5% in the Midwest—in part because the region hasn’t seen
Rental Market Tracker: Asking Rents Climb 2% in February, Biggest Gain in Over a Year
Rents hit a low point last February—one reason they’re now showing a sizable year-over-year uptick. Another factor driving rents up: the jump in mortgage rates
Rental Market Tracker: U.S. Asking Rents Flatten After Pandemic Rollercoaster Ride
Rents haven’t fluctuated much over the past year, rising 1% in January—a far cry from double-digit growth during the pandemic. Landlords don’t have much room
A Reprieve for Renters: Costs Drop for Third Straight Month in December
Rising supply has led to rising vacancies, motivating landlords to lower asking rents, which fell 1% from a year earlier. Rents dropped in the South
The Tide Turns for Renters as Asking Rents Post Biggest Decline in Over 3 Years
The median U.S. asking rent fell 2% year over year in November—the biggest decline since 2020—as landlords grappled with rising vacancies due to a building
Rental Market Tracker: U.S. Asking Rents Remained Sluggish in October Amid Rising Vacancy Rate
Asking rents were little changed from a year earlier for the seventh-straight month as an increase in new units hitting the market drove up vacancies,
Rental Market Tracker: Asking Rents Rose a Record 15% in January
Portland and Austin saw the largest increases, with rents surging more than 30% year over year.
Rental Market Tracker: Rents Rise 14% in December—Biggest Jump in Over Two Years
The biggest increase was in Austin, where rents surged 40% from a year earlier.
Rental Market Tracker: Rents Jumped 7% in a Month, Up 21% From 2020
Increase in rents outpaced the increase in the monthly cost of buying a home.
Rental Market Tracker: Rents Up 13%, Outpaced by 17% Growth in Monthly Mortgage Payments
However, a handful of cities across the country saw rents rise more than 30% from a year earlier, including Miami, Seattle, Portland, OR and Austin.
Rental Market Tracker: Mortgage Payments Rose Faster Than Rents for the 8th Consecutive Month in September
Rents were up 11%, the fastest annual growth in at least two years; mortgage payments for new homebuyers rose 15%.
Rental Market Tracker: Mortgage Payments for New Homebuyers Are Rising 67% Faster Than Rents
However, rents are climbing rapidly in some places, up over 20% from a year earlier in many Florida metros, Riverside, CA, Phoenix and Las Vegas.
