rent growth

Couple reviewing papers on a couch with a laptop, overlaid by realtor.com’s banner text about rent affordability getting worse.
Housing Market

Is Rent Affordability Getting Worse?

The Realtor.com® February Rental Report shows a decline in rent affordability, with February marking the seventh consecutive month of single-digit rent increases for 0-2 bedroom units and accelerated rent growth for two-bedroom units after 12 months of slowing.

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Red RENT key on a keyboard with a downward red zigzag arrow and dollar bills, indicating falling rent prices.
Housing Market

Rent Growth Slowed 7th Straight Month

A new Redfin report shows rent growth slowing for the seventh consecutive month in December 2022. The median asking rent rose only 4.8% year-over-year, the smallest increase since July 2021.

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