Rent prices post highest annual increase in over a year: Redfin
The median asking rent in the United States rose 2.2% year over year to $1,981 in February, the largest annual gain since January 2023 and a 0.9% increase compared to the month before
by Ben Verde Mar 11
New data shows much of the US has entered the ‘renter’s market’
The Sun Belt leads the ongoing drop in rent declines, and the price of rent is now lower than a year ago in 50 of the top 100 markets Zumper tracks
by Taylor Anderson Nov 28
Renters rejoice! Rental rates fell for 5th straight month in September
Rents for studio, 1-bedroom and 2-bedroom units fell 0.7 percent between August and September, according to Realtor.com
by Ben Verde Oct 23
Seasonal price changes show signs of life as rents drop in September
After coming within $2 of a historical high record during August, the national median rent price dropped 2.02% last month
by Ben Verde Oct 17
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
Tenants in jeopardy as rent hikes outpace value of rental vouchers
No metro in the US held enough vouchers to meet soaring demand, with Miami and other cities in Florida standing out for disparities between available vouchers and renters who need them
by Ben Verde Apr 18
Rent growth slows to smallest rate since July 2021
While the 4.8% growth was still above historical norms, it’s the smallest increase since June 2021. Median asking rent in the nation’s 50 largest markets climbed to $1,979 last month
by Taylor Anderson Jan 12
Single-family rent growth slows for fifth-straight month in September
Rent remained 10.2% above September 2021 levels and 22.6% compared to 2 years earlier, according to the single-family rent index from property data information company CoreLogic
by Taylor Anderson Nov 15
NAR chief economist expects price of office space and apartments to dip
Lawrence Yun expects employees to spend 25% to 35% less time in the office, keeping downward pressure on office rent. The multifamily sector also saw prices drop with high borrowing rates
by Taylor Anderson Nov 14
Renters sue RealPage for allegedly driving up rents through ‘cartel’
Agreements between RealPage and some of the biggest apartment owners in the country drove up rent costs, which amounted to an illegal conspiracy that drove rents to all-time highs, suit alleges
by Taylor Anderson Oct 24
After 2 years of hikes, rental market may be bound for 'complete reversal'
Yet another sign of a widespread housing slowdown emerged as monthly rent price acceleration declined after 20 consecutive months of rapid increases, new data suggests
by Taylor Anderson Sep 13
Housing is cooling. In some places, rents have yet to get the memo
In more than half of America's largest cities, rents continue to post double-digit annual growth. And in some cases, they're speeding up, according to Zumper’s most recent report
by Daniel Houston Aug 29
rental image
Rent rose sharply, but it didn’t keep up with the rapid increase in the price of a monthly mortgage, according to a Redfin report released Monday
by Taylor Anderson Mar 21
Boston nearly as pricey as San Francisco as rent soars everywhere
In Boston, rental prices have made such a resurgence that they could surpass legendarily high rent costs in San Francisco, according to recent data from Zumper
Rent prices skyrocket yet again: CoreLogic
In July, rent for a typical American property grew by 8.5%