Rental Market News
More Than 1 in 5 Renters Say Their Entire Paycheck Goes to Rent
22% of U.S. renters say all their regular income goes toward rent payments, according to a recent Redfin-commissioned survey. 19% of renters report they have
Rents Flat Nationally in October, But Rising in East Coast and Midwest Metros
The median asking rent rose 0.2% year over year in October to $1,619, but was down 0.6% month over month. Rents dropped slightly across all
The Number of Renter Households is Growing Three Times Faster Than Homeowner Households
The number of renter households grew 2.7% in the third quarter, the second biggest year-over-year gain since 2015. The number of homeowner households grew 0.9%.
Roughly One-Third of Renters Have an Apartment That Costs Less Than $1,000 a Month—the Lowest Share on Record
Renters are most likely to pay under $1,000 a month in Oklahoma City, New Orleans and Cleveland, and least likely in San Diego, San Jose
Roughly 4 in 5 U.S. Residents Believe There Should Be Caps on Rent Hikes: Survey
The vast majority of respondents to a recent Redfin survey believe there should be caps on the amount landlords are allowed to increase rent, regardless
Renters Are Nearly Twice as Likely as Homeowners to Say Housing Affordability Impacts Their Pick for President: Survey
32% of surveyed renters say housing affordability is a top-three issue when it comes to deciding which presidential candidate they’ll support. That compares with 17%
More Than 1 in 5 Renters Say Their Entire Paycheck Goes to Rent
22% of U.S. renters say all their regular income goes toward rent payments, according to a recent Redfin-commissioned survey. 19% of renters report they have
Rents Flat Nationally in October, But Rising in East Coast and Midwest Metros
The median asking rent rose 0.2% year over year in October to $1,619, but was down 0.6% month over month. Rents dropped slightly across all
The Number of Renter Households is Growing Three Times Faster Than Homeowner Households
The number of renter households grew 2.7% in the third quarter, the second biggest year-over-year gain since 2015. The number of homeowner households grew 0.9%.
Roughly One-Third of Renters Have an Apartment That Costs Less Than $1,000 a Month—the Lowest Share on Record
Renters are most likely to pay under $1,000 a month in Oklahoma City, New Orleans and Cleveland, and least likely in San Diego, San Jose
Roughly 4 in 5 U.S. Residents Believe There Should Be Caps on Rent Hikes: Survey
The vast majority of respondents to a recent Redfin survey believe there should be caps on the amount landlords are allowed to increase rent, regardless
Renters Are Nearly Twice as Likely as Homeowners to Say Housing Affordability Impacts Their Pick for President: Survey
32% of surveyed renters say housing affordability is a top-three issue when it comes to deciding which presidential candidate they’ll support. That compares with 17%