Rental Market News
Monthly Rental Tracker
Rental Market Tracker: Asking Rents Flattened in September Amid Growing Apartment Supply
The median U.S. asking rent was little changed from a year earlier for the sixth straight month as an increase in the number of rentals
Rental Market Tracker: Landlords Are Charging Near-Record Rents—But Offering Concessions
The median asking rent in August was $2,052, just $2 below the record high set a year earlier. Instead of taking a haircut on rents,
Rental Market Tracker: Asking Rents Are Inching Closer to Their Record High
The West is the only region seeing a drop in asking rents, which are coming back down to earth after surging a record 19% last
Rental Market Tracker: The Typical U.S. Asking Rent Is Only $24 Below Its Record High
Rent growth has slowed rapidly, but rents remain costly as landlords offer perks like free parking instead of lowering prices to fill vacant units. The
Rental Market Tracker: Asking Rents Fall 2% in the West But Rise 5% in the Northeast, Midwest
Nationwide, rents declined 1% from a year earlier in May—the largest drop since 2020— as a building boom increased supply and economic uncertainty cooled demand.
Rental Market Tracker: Asking Rents Flattened in April as Landlords Faced Rising Vacancies
A rise in new rentals hitting the market coincided with a slowdown in tenant demand, causing rent growth to cool for the 11th-straight month. The
Rental Market Tracker: U.S. Rents Post First Annual Decline in Three Years
The median asking rent fell 0.4% in March to the lowest level in 13 months. Austin and Chicago saw the largest declines, while Raleigh and
Rental Market Tracker: Rents Drop to Lowest Level in a Year
The median U.S. asking rent is up just 1.7% from a year ago—the smallest gain since May 2021—as landlords grapple with vacancies due to still-high
Rental Market Tracker: Rents Rose 2% in January—the Smallest Increase in 20 Months
Rental price growth is slowing due to increasing supply and waning demand. There are 11 metros where rents are already falling, with Phoenix and Oklahoma
Rental Market Tracker: Asking Rents Post Smallest Annual Increase in 15 Months in November
Rents are growing at half the pace they were in the summer and are expected to keep cooling, which should help bring down overall inflation.
Rental Market Tracker: Rents Rose 7.8% in October—Slowest Growth in 14 Months
Eleven major U.S. metros saw rents decline, with the largest drops in Milwaukee, Minneapolis and Baltimore. The median U.S. asking rent in October rose 7.8%
Rental Market Tracker: Rents Are Growing Half as Fast as They Were Six Months Ago
Rents rose 9% year over year in September—the first single-digit increase in a year and a marked slowdown from 18% growth in March. Inflation and
