Rent remains near record highs, but the balance of power is shifting
At $2,052, the median monthly rent remains near its all-time high. But builders are wrapping up construction on thousands of new units, and rents could start falling soon
by Taylor Anderson Sep 12
NYC tops list of most expensive rental markets, ousting San Jose
New York City topped San Jose as the most expensive rental market in the country, the first time the Big Apple has topped the list since Zillow began tracking the data in 2015
by Taylor Anderson Aug 8
4 more US senators call for DOJ probe of RealPage over rent hikes
Sens. Elizabeth Warren, Bernie Sanders, Tina Smith and Edward Markey say they investigated rental data firm RealPage and call for more scrutiny of the company’s role in rent growth
by Taylor Anderson Mar 8
Minimum wage workers need at least 4 jobs to pay rent in some cities
Even the most expensive cities — which typically have higher minimum wages — are more affordable than those with $7.25 an hour minimums, according to data released Tuesday by Zillow
by Taylor Anderson Jan 31
In reversal from 2021, it costs more to buy than rent in 95% of US
Last year, it was more expensive to rent than own. High home prices and mortgage rates that doubled in 2022 flipped that, according to a new report from property data firm Attom.
by Taylor Anderson Jan 18
How much has rent risen? About an extra 6 hours of work per month
A new Zillow report finds renters making average wages need to work 63 hours to cover rent compared to 2 years ago, highlighting a widening gap between rent growth and wage growth
by Taylor Anderson Nov 21
Rent rose so much, so fast it might have contributed to latest downtick
Yet another report — this one by CoreLogic — shows that the rapid pace of rent increases is beginning to slow. Some of the increases occurred so quickly that they may have cooled growth
by Taylor Anderson Sep 20
Rent prices skyrocket across the country: CoreLogic
Phoenix once again saw rent prices increase more than any other metro
More than half of all renters are planning a post-pandemic move
Renters surveyed by property management software company Entrata cited cost and space-related reasons as their biggest impetus for moving over the last year
by Lillian Dickerson May 25
How many turkeys does it take to pay rent in Houston?
Houston renters could buy more than 30 turkey dinners instead of pay for monthly rent
by Andrew Woo Nov 25
How many turkey dinners does it take to pay rent in LA?
LA renters could by 1.5 Thanksgiving dinners per day
by Andrew Woo Nov 25
How many turkey dinners does it take to pay rent in Chicago?
Chicago renters can eat more than 20 turkey dinners in place of rent
by Andrew Woo Nov 25
How many turkey dinners does it take to pay rent in DC?
DC renters can eat a lot of turkey dinners
by Andrew Woo Nov 25
How many turkey dinners does it cost to rent in Miami?
Miami renters could put their money to better use
by Andrew Woo Nov 25