According to a new report from Redfin, mounting economic pressures, including tariffs and slowing construction, could soon put upward pressure on rents
Only 32.1% of renter households currently pay less than $1,000 in monthly rent — a sharp decline from 35.2% in 2022 and 50.4% in 2012, according to an analysis from Redfin released Wednesday
Rent dropped for a fourth straight month in November, with all but 6 of the nation's top 40 markets reporting flat or declining month-over-month rent