Rental Market News
Monthly Rental Tracker
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.
Rental Market Tracker: Asking Rents Climb 11% in August, the Smallest Gain in a Year
Rent growth is likely to keep slowing as rising interest rates continue to cool the economy.
Rental Market Tracker: Growth in U.S. Asking Rents Slows for Second-Straight Month
The 12% increase in July was the smallest since September of last year.
Rental Market Tracker: Asking Rents Rise 14% in June, the Smallest Increase Since October
Rent growth is easing as landlords respond to a tightening in tenant budgets brought on by inflation.
Rental Market Tracker: Growth in Asking Rents Slows for the 1st Time in a Year
Rents rose 15% year over year in April, down from March’s 17% increase. Still, Austin, Portland and South Florida saw rents surge more than 30%.
Rental Market Tracker: Asking Rents Climbed 17% to a Record High in March
Rising monthly mortgage payments—up 34% from a year ago, due largely to rising interest rates–are pricing more people out of the homebuying market, which could lead to even more increases in rents.
Rental Market Tracker: Asking Rents Increased 40% Year Over Year in Austin
Nationally, asking rents were up 15% in February, while homebuyer mortgage payments increased twice as fast.
