CoreLogic: Single-Family Rent Prices Up in January

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CoreLogic, Irvine, Calif., reported that single-family rent prices increased 2.4% year-over-year in January.

That’s an improvement over the previous month’s 2.1%, but down from the growth seen in January 2024, when rent prices grew 2.6%.

Month-to-month, the growth rate for January was 0.4%, above the pre-pandemic average of 0.1%. It’s also the first time since mid-2024 that monthly growth has passed the seasonal trend.

“After a period of slowing annual growth, single-family rent increases are firming up. Annual single-family rent growth in January ticked up from what may have been the cycle low point in December 2025. Furthermore, January’s monthly increase was above what is typically recorded in the winter months, and it was the first above-trend monthly increase since mid-2024. This uptick signals renewed pressure on renters, potentially exacerbating the housing affordability crisis,” said CoreLogic Senior Principal Economist Molly Boesel.

Broken down by price category, rent prices for high-end properties increased 3.2% year-over-year, up from 2.5% this time last year.

Low-end rent prices were up 1.9% year-over-year, a slowdown from 2.8% in January 2024.

For detached rentals, rent prices ticked up 2.3%, and attached rentals saw 2.6% growth.

Washington, D.C., posted the highest year-over-year increase in single-family rents in January 2025 at 6.4%. No. 2 was Chicago, at 6% growth.

The lowest year-over-year growth was seen in Dallas, at just 0.3%.