US Rental Prices

build-to-rent

Where Are Rents Falling in New York City?

As of October, the median asking rent for all rental properties in NYC was $3,374. That is 2% lower than in September.
Housing Costs Help Keep Inflation Running Hot

1 in 5 Renters in the US Say All Their Regular Income Goes Directly To Paying Rent, Survey Finds

To afford their rent payments, 20% of survey respondents said they had to work a second job and 19% said they worked a job they hated.
Realtor with money and wooden house

10 Housing Markets Where Minimum-Wage Workers Can Actually Afford Rent

Homes are considered affordable if they do not cost more than 30% of a worker's annual income. American renter households are burdened by their rent, which means they could be spending more than 30% of their annual income to cover housing costs.
US-ECONOMY-HOUSING-RENT

Rent Prices Rose Faster Than Home Values for the First Time in 10 Years, Renters Remain Cost-Burdened

Rent prices rose 3.8% in 2023 while the median home values only rose by 1.8%. Rent prices in the United States rose by nearly 4% in 2023 while home values only grew under 2%.
Housing Report Suggests Rising Rents Could Lead To Home Market Turnaround

10 US Cities With the Highest and Lowest Rent Prices for One-Bedroom Apartments: Report

The median price of one-bedroom units in the US rose to $1,534, but the price soared to $4,500 in New York City - the metro area with the most expensive rent in the nation.
Study Shows Renting Is Now Cheaper Than Monthly Cost Of Owning A Home In Bay Area

10 Cities Where Renters Pay More for Housing Than Homeowners: Report

Rental prices rose to $1,653, which means renter households would need to earn at least $66,120 to afford housing costs.
Rents In The U.S. Fall For Third Month In A Row

National Rent Prices Increased Again in May in the Fastest Pace Recorded in Nearly Two Years: Report

Apartment prices jumped by 1.2% nationally in May, according to a recent rent report. The national rent index for one- and two-bedrooms increased again in May at the fastest pace recorded in almost two years, according to a report.
Rents In The U.S. Fall For Third Month In A Row

28 Cities Where Rent Prices for One-Bedroom Apartments Are Falling This Spring

The going monthly rate for a one-bedroom apartment in the United States fell to $1,486 in April. Rental prices are falling in 20 cities in the United States as the spring moving season ramps up, according to a report.

Here Are the Cities Where Rents Are Falling the Most

The median asking rent in the US in February 2024 fell by $50 from its peak in August 2022. Across the country, rents fell in 50 of the largest metropolitan areas in February, according to a recent report.
US-ECONOMY-HOUSING-RENT

Rents Fell for Third Straight Month as Supply Increases: Report

The national median rent price fell to $1,964 in December 2023 after it peaked at $2,054 in August 2022.
Rents In The U.S. Fall For Third Month In A Row

Rent in the US Is Now Less Affordable Than Ever, Especially for the Middle Class: Report

At least 22.4 million renter households are now spending 30% of their income on rent and utlities. Rental prices in the United States are now less affordable than ever, with financial strain rising the fastest among middle-class earners, according to a report.
Consumer Price Index Reporting Latest Inflation Numbers Released

More Than 20% of Americans Struggle To Pay Rent Amid Home Affordability Issues

At least 24% of Americans renting a home said they can no longer afford to pay for rent. More than 20% of Americans are experiencing difficulties paying rent amid high rental prices and affordability issues, according to a report.

US Rental Prices Continues to Rise at A Slow Rate: Housing Costs Predicted to Continue Exceeding Income Growth

Rental prices in the US are continuously rising at a slow rate but are predicted to continue growing, higher than that of the income growth rate in the country.