Rental Market News
All Reports
Newly Built Apartments Are Filling Up at the Slowest Pace Since 2020
47% of U.S. apartments that were completed in the fourth quarter were rented within three months, down from 60% a year earlier. There are more
Renters Must Earn $66,120 to Afford the Typical U.S. Apartment. The Typical Renter Makes $11,000 Less Than That.
Just 39% of renters make enough to afford the median-priced apartment. The income renters need to afford the typical apartment is the highest since 2022
U.S. Asking Rents Ticked Up for Second Straight Month in May, Hitting Highest Level Since 2022
The median asking rent climbed 0.8% year over year to $1,653—just $47 below the record high. Washington, D.C., Cincinnati and Chicago all saw double-digit increases.
Renters Are Staying Put Longer, With 1 in 6 Now Living in The Same Home For 10 Years or More
U.S. renters are less likely to move than they were a decade ago, as soaring housing costs have priced many out of homeownership. The rise
The Sun Belt Is Seeing Some of the Biggest Rent Declines in America
Nine of the 10 metros facing the steepest drops in asking rents are in the Sun Belt. The exception is Seattle, where rents fell 7%
Nearly 40% of Renters Think They’ll Never Own a Home, Up From 27% Last Year
Rising home prices and mortgage rates are making it harder to believe in the American dream of homeownership. Lack of affordability is the most commonly
Newly Built Apartments Are Filling Up at the Slowest Pace Since 2020
47% of U.S. apartments that were completed in the fourth quarter were rented within three months, down from 60% a year earlier. There are more
Renters Must Earn $66,120 to Afford the Typical U.S. Apartment. The Typical Renter Makes $11,000 Less Than That.
Just 39% of renters make enough to afford the median-priced apartment. The income renters need to afford the typical apartment is the highest since 2022
U.S. Asking Rents Ticked Up for Second Straight Month in May, Hitting Highest Level Since 2022
The median asking rent climbed 0.8% year over year to $1,653—just $47 below the record high. Washington, D.C., Cincinnati and Chicago all saw double-digit increases.
Renters Are Staying Put Longer, With 1 in 6 Now Living in The Same Home For 10 Years or More
U.S. renters are less likely to move than they were a decade ago, as soaring housing costs have priced many out of homeownership. The rise
The Sun Belt Is Seeing Some of the Biggest Rent Declines in America
Nine of the 10 metros facing the steepest drops in asking rents are in the Sun Belt. The exception is Seattle, where rents fell 7%
Nearly 40% of Renters Think They’ll Never Own a Home, Up From 27% Last Year
Rising home prices and mortgage rates are making it harder to believe in the American dream of homeownership. Lack of affordability is the most commonly