Realtor.com, Santa Clara, Calif., reported median asking rent saw its 35th straight month of year-over-year declines.
Tag: Rents
RentCafe: Where Would $1,500 in Rent Stretch the Furthest?
RentCafe, Santa Barbara, Calif., found $1,500 in monthly rent, on average, secures 703 square feet of apartment space. But, the size varies considerably by area.
Yardi Matrix: Rents Rise Slightly in May
Yardi Matrix, Santa Barbara, Calif., found U.S. multifamily rents saw a slight seasonal bump in May, up $6 (or 0.3%) to average $1,767. However, year-over-year growth is near flat, at only 0.2%.
Realtor.com: Renting Still More Affordable Than Buying in June
Realtor.com, Santa Clara, Calif., released its June 2025 rental report, finding year-over-year rents declined and renting a starter home continues to be a more affordable option than buying in the vast majority of U.S. metros.
Redfin: Asking Rents Up 0.6% in September
Redfin, Seattle, found asking rents rose by 0.6% year-over-year in September to $1,634. On a monthly basis, they fell 0.2% from August.
Yardi Matrix Anticipates Minimal Rent Growth for Second Half of Year
Yardi Matrix, Santa Barbara, Calif., released its U.S. Multifamily Outlook for Summer 2024, finding that while multifamily performance continues to be strong, rent growth is likely to remain slow through the rest of the year.
Redfin: Asking Rents Hit Highest Level Since 2022
Redfin, Seattle, found the median asking rent increased 0.8% year-over-year in May to $1,653, just $47 below the record high hit in August 2022.
Redfin Reports Renters Staying Put Longer
Renters are less likely to move than they were a decade ago, as soaring housing costs have priced many out of homeownership, according to Redfin, Seattle.
Realtor.com Finds Rents Declined in March, Again
Realtor.com, Santa Clara, Calif., found rents declined in March for the eighth straight month, with year-over-year prices down 0.3%.