Tag Archives: Median Rent

The median asking rent was down from last month, according to Realtor.com's November 2023 Rental Report, with rental supply outpacing demand in the West and South, causing prices to cool.

Rent gains in November fell for the sixth straight month. Click through to learn what the latest data reveals.

October marked the second month of single-digit rent growth following a year of double-digit gains, and the fifth month in which annual rent growth decelerated.

As prices on everything increase across the board, more and more are turning to renting—either by circumstance or by choice.  Renting has traditionally been the cheaper option for those looking for housing, but as housing prices started their charge upwards ...

Despite the U.S. median rental price reaching a new high in June, climbing mortgage rates drove monthly starter homeownership costs up nearly 30%—an estimated $561 higher than rents.

According to the Realtor.com Monthly Rental Report, new data indicates that rental competition remained persistent in April, as the U.S. median rental price hit a new high —$1,827— for the 14th month in a row. These trends highlight affordability struggles ...

Increasing prices and pressures in the purchase market are creating more demand for rentals, pushing up rent prices to record levels.

A report found that nearly a quarter of millennials are living with their parents. Are rising rents to blame?