asking rent

Housing Market

Rent Prices Dip Nationally, But Rise in Key Markets

Realtor.com®’s March 2024 Rental Report shows a $5 annual drop in the median U.S. asking rent to $1,722—up $14 from the previous month.

May 2, 2024

Housing Market

Median U.S. Rent Falls for the Third Straight Month as the Vacancy Rate Climbs to 6.6%

A new Redfin report shows the U.S. asking rent dropped for the third consecutive month, falling 0.8% year over year in December 2024 to $1,964. By region, asking rents rose in the Midwest and Northeast; they fell in the West and South.

January 9, 2024

Man in a vest and shirt holds a tablet/ notebook inside a clothing store while a woman in a striped top walks beside; a 'FOR RENT' sign hangs in the foreground.

Housing Market

Landlords Still Charging Near-Record Rents, But Offering Concessions

A new report from Redfin shows the median U.S. asking rent for August at $2,052—$2 less than the record high set one year earlier. Despite near-record rents, landlords in some parts of the U.S. are offering concessions to attract renters as vacancies rise.

September 14, 2023

Person using a laptop at an outdoor table, the screen shows a furniture rental page with a sofa and the word RENT and a SEARCH button.

Housing Market

Realtor.com Shows Drop in Rents for May—with More to Come

Realtor.com released its May Rental Report, which shows a 0.5% annual decline in the median asking rent—particularly for two-bedroom units—and economists predict continued rent declines, with an average drop of -0.9% for 2023.

June 28, 2023

Laptop on a cafe table displaying a furniture rental website with a striped sofa image and a search bar labeled RENT

Growth in Asking Rents Slows for Second-Straight Month

Growth in asking rents slowed for the second-straight month, according to a new Redfin report. Here’s what you need to know. \

August 21, 2022

asking rent

Rent Prices Dip Nationally, But Rise in Key Markets

Median U.S. Rent Falls for the Third Straight Month as the Vacancy Rate Climbs to 6.6%

Landlords Still Charging Near-Record Rents, But Offering Concessions

Realtor.com Shows Drop in Rents for May—with More to Come

Growth in Asking Rents Slows for Second-Straight Month

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