
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.

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.

The July 2023 Rental Report from Realtor.com shows rent prices dropping year over year for the third straight month as rental supply increases. July also marks the first annual rent price decline for studio units since 2020.

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.