Rental Market Data

Easy Access Data Sets

Monthly Rental Analysis

RENTAL MARKET DATA – MAY ’22

Single-Family Rentals Continue Driving Record Rent Increases: 37% Through May 2022

April brought yet another acceleration in asking rent, according to Dwellsy’s analysis of more than 533,000 available rental units. The nationwide median asking rent for April ’22 was $1920/mo.

Read More

RENTAL MARKET DATA – APRIL ’22

When will renters get a break? 24% increase in median asking rent from April 2021 to April 2022

April brought yet another acceleration in asking rent, according to Dwellsy’s analysis of more than 533,000 available rental units. The nationwide median asking rent for April ’22 was $1920/mo.

Read More

RENTAL MARKET DATA – MARCH ’22

Rent Keeps Rolling Uphill: 19% Rent Increase in the Past Year

In March, single-family rentals continued to bear the brunt of rent increases. Over the past year, single-family rent has risen 36% from $1,600 in March of 2021 to $2,175 in March of 2022, while apartment rents have risen just 3.6%.

Read More

RENTAL MARKET DATA – FEB ’22

Rent Inflation Strikes Again: 17.5% Median Rent Increase Since February 2021

Rent prices continued to grow rapidly in February, with the median U.S. asking rent up 4% vs. January. In the past year, rent has gone up 17.5% to $1,820/mo, an extra $271 per month compared to 2021. Renters now need to spend an extra $3,250/yr on rent compared to this time last year. 

Read More

RENTAL MARKET DATA – JAN ’22

Relentless Rent Rise Continues: 16% since January 2021

In any normal year, a 4.8% rent increase would be a big one for the full year. To see that in a single month is shocking. On top of already significant rent increases in 2021, the total rent increase since January 2021 now tops 16%.  That’s an extra $245 that renters now need to come up with each month in order to make their rent payments. 

Read More

RENTAL MARKET DATA – DEC ’21

Inflation Hits Renters: 11% Overall Rent Increase in 2021

Inflation has hit the economy and renters were not immune, experiencing an 11% increase in median asking rent across the country from January to December of 2021. In a “normal year”, 3-4% increase in overall rents is typical. Unfortunately, 2021 is a year for the books in yet another way: The ongoing Covid pandemic has driven this year’s extraordinary rent inflation from start to finish.

Read More

RENTAL MARKET DATA – NOV ’21

November’s Data Shows Surprising Rise in Rent

The average cost of rent across the nation typically decreases towards the end of each year. Unfortunately, the average price of monthly rent rose 8% last month. This shift is likely due to an increase in demand for rental homes. This rise is partially due to a continued shift towards single-family housing such as rental houses and townhomes. Single-family rental prices have actually risen 23% this year. Luckily, many tenants are in the process of moving, which should lead to more vacancies in the rental housing market.

Read More

RENTAL MARKET DATA – OCT ’21

October’s Data Shows Apartment Rental Prices Are Down

October rent shows a fairly normal seasonal shift, with median rent starting to decline from peak summer highs. Median rent across the U.S. decreased from $1,649 in September to $1,600 in October, a fairly sharp decline of 3.0%. Across nearly 360K available rentals in October, Dwellsy continued to see apartment rents more or less flat for the year, while single-family home rentals continue to be the cause of above-normal rent growth in 2021.

Read More

RENTAL MARKET DATA – SEP ’21

September’s Data Shows Apartment Rental Prices Are Down

To the surprise of many, the general rise in rental home prices is not actually reflective of the entire market. This year’s overall rent increases are coming solely from single-family rentals (SFR), while apartment home rental prices are actually decreasing. The price of apartments nationwide has actually decreased by 2.3% since January.

Read More

Date PublishedPublicationTitle
May 2022Baltimore FishbowlMedian Rent in Baltimore-Townson Area Rises About 18%
from April 2021 to April 2022, According to Dwellsy
May 2022Triangle Business JournalTBJ Plus: Raleigh Rents (still) Off the Charts
May 2022The Oklahoma City SentinelDwellsy Data Finds Rent Up 24% Nationally From
April 2021 to April 2022
April 2022Des Moines RegisterAs Home Prices Soar, Market-Rate Rents in Des Moines
Metro Remain Surprisingly Steady, Data Show
April 2022Columbus Business FirstNew Life on the Near East Side
April 2022Orlando SentinelOrlando Residents Face 'Financial Eviction' as Rents
Skyrocket with No End in Sight
April 2022Hartford BusinessDespite Active Apartment Construction, Rent Increases
Likely to Continue
March 2022Argus LeaderSioux Falls residents are being priced out of rent,
with some increases at nearly 50%
March 2022Dallas Business JournalNorth Texas Numbers Are on the Rise for Single-Family Homes for Rent