Apartment Rent Report

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RentCafe National Rent Report: The Average Apartment Rent Was $1,468 in February

Key takeaways: The national average rent in February 2020 was $1,468, up 3.2% compared to the same time last year.  The…

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RentCafe National Rent Report: The Average Apartment Rent Was $1,463 in January

Key takeaways: The national average rent in January 2020 was $1,463, up 3% compared to the same time last year. …

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2019 Year-End Rent Report – Rents Slide in December, Kicking-Off the New Year at $1,474

Key takeaways: The U.S. average rent ended the year with a 3% ($43) increase since last December, but decreased by…

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Apartment Rents Stabilize as the National Average Reaches $1,476 in October 

Key takeaways: The national average rent went up by 3.2% in the past year and 0.1% month-over-month, reaching $1,476 in…

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The National Average Rent Declined for the First Time in Two Years, Dipping to $1,471

Key takeaways: The national average rent went up by 3.2% in the past year but dipped by 0.1% month-over-month, reaching…

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Peak Rental Season Comes to an End as the National Average Rent Reaches $1,472

Key takeaways: The national average rent increased by 3.3% ($47) year over year and 0.1% ($2) month over month, reaching…

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Apartment Rents Begin to Lose Steam in July as the Monthly Rate Reaches $1,469

Key takeaways: The national average rent reached $1,469 in July, up by 3.4% ($48) year-over-year, and 0.2% ($3) month-over-month, according…

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2019 Mid-Year Rent Report — The National Average Rent Ends the First Half of the Year at $1,465

Key takeaways: The U.S. average rent increased by 3.2% ($45) year over year reaching $1,465 in June 2019, up by…

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The Slowest Annual Rise in 18 Months Kick-Starts the Peak Rental Season as the May National Rent Reaches $1,442

Key takeaways: The U.S. average rent increased by 2.5% ($35) year over year and reached $1,442 in May 2019, up by…

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The Average Rent Reaches $1,436 in April, with Apartments in Two-Thirds of Cities Renting for Less than the National Average 

Key takeaways: The national average rent reached $1,436 in April 2019, up by 3% ($42) year over year, and by 0.3%…

RentCafe March 2019 Rent Report

The Average National Apartment Rent Kicks Off the Spring Rental Season at $1,430

Key takeaways: The national average rent was $1,430 in March 2019, 3.2% ($44) higher than this time last year, according…

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Rents in the South Continue to Rise as February Increases Impact 92% of U.S. Cities

Key takeaways: The national average rent reached an all-time high of $1,426 in February 2019, up by 3.6% ($49) year-over-year,…

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The National Average Rent Stagnated in January – Cities in America’s Sun Belt Experienced the Fastest Growth

Key takeaways: The national average rent reached $1,420 in January 2019, a year-over-year increase of 3.3% ($45), according to data…

2018 Year-End-Report

2018 Year End Rent Report – Rents Hold Strong at Year End, Las Vegas Among the Top Most Aggressive Markets

Key takeaways: The national average apartment rent ends the year with a strong 3.1% y-o-y increase, having reached $1,419, $42 above what…

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Rent Continues to Climb in 93% of Cities, with Pressure Still on in the Largest Renter Hubs

Key takeaways: The national average rent registered a year-over-year increase of 3.3% ($45) in October, at $1,420 per month, according…

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End of Rental Season Brings Renters Temporary Relief, but Demand Keeps Fueling Increases in Big Employment Hubs

Key takeaways: Rent growth came to a halt in September at national level – the $1,412 U.S.-wide average marks a…

Rentcafe Monthly August 2018 Report

August Rents Rose at the Fastest Pace in 18 Months, as Apartment Construction Slows

Key takeaways: The national average rent reached an all-time high of $1,412 in August 2018, up by 3.1 percent ($42)…

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Seasonal Demand Pushes Up Apartment Rents in July in 88 Percent of Cities

Key takeaways: The national average rent reached an all-time high of $1,409 in July 2018, up by 2.8 percent ($39)…

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National Apartment Rents Hit New Milestone, Demand for Small Apartments Catches Up with Family-Sized Rentals

Key takeaways: The national average rent reached the all-time high of $1,405 in June 2018, having increased by 2.9 percent…

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National Rents See Slowest Season Start in Years, but Most Renter Mega-Hubs Maintain Upward Trend

Key takeaways: The national average rent was $1,381 in May 2018, having increased by 2 percent year over year, and…

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Rental Season Debuts with Increases in Most Large Cities, National Y-o-Y Growth Follows the Trend of the Past 16 Months

Key takeaways: The national average rent was $1,377 in April 2018, having increased by 2.4 percent year over year, and…

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National Apartment Rents Hit a 14-Month Growth Plateau in March Amid Small City Boom

Key takeaways: The national average rent was $1,371 in March 2018, 2.5 percent higher than this time last year, and…

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February Rents Increased the Most in Small Markets; Colorado Among the Most Active

Key takeaways: The national average rent was $1,364 in February 2018, 2.7 percent higher than this time last year, and…

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Same Trend, Different Year: January Brings Further Rent Increases, Fueled by Demand

Key takeaways: The national average rent was $1,361 in January 2018, 2.8 percent higher than this time last year, and…

RentCafe 2017 Apartment Market Report Year End

2017 Year End Rent Report – Las Vegas Was 2017’s Hottest Large Rental Market

Report highlights: The national average apartment rent in 2017 increased by 2.5% y-o-y, reached $1,359/month at the end of 2017,…

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Apartment Rents Stabilize in November Around the Country, While Mid-Sized Markets Remain Active

Key takeaways: Rents were consistent for the month, coming in at $1,358 – just 2.5 percent higher than this time last…

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October Rents Quiet Down in One-Fifth of U.S. Cities in Anticipation of the Off-Season

Key takeaways: National rents are feeling the effects of the off-season, slightly decreasing to $1,358 in October, and posting an annual growth…

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National Rents on Pause for the Entire Peak Rental Season, Including Priciest Cities; Mid-Sized Cities Continue Rally

Key takeaways: The national average rent was $1,354 in September, remaining virtually flat for the 4th month in a row, and…

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Rents Continue Slowdown in NYC, SF But Mid-Sized Cities See Major Spike

Key takeaways: Average rents hit $1,352 for the month of August, rising just $1 – or 0.1% – since July,…

Best U.S. cities for apartment construction 2017

Apartment Construction at its Highest Level in 20 Years, with Denver, Nashville Joining NYC as 2017’s Hottest Rental Markets

We’d need 4.6 million new apartments by 2030 to meet demand for rental living and keep prices in check, per…