October Rental Data: Steep Rent Growth Makes Conditions Tough …

Nov 30, 2021 · October marks the fourth month in a row where rent growth has reached double digits (18.5% Y/Y), pushing the average Y/Y growth rate of the past twelve months to 6.6%.

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October Rental Data: Steep Rent Growth Makes Conditions Tough …

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Nov 30, 2021 · October marks the fourth month in a row where rent growth has reached double digits (18.5% Y/Y), pushing the average Y/Y growth rate of the past twelve months to 6.6%.

realtor.com

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Single-Family Rental Rent Growth Slowed Down In October

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Dec 23, 2024 · Monthly rent growth also saw a notable decline, slipping 1.5%, well below the average 0.5% dips typically seen from 2004 to 2019. The CoreLogic report also highlighted …

credaily.com

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October 2024 Rental Report: Rents Continue To Fall, With More …

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Nov 22, 2024 · October 2024 marks the fifteenth month of year-over-year rent decline in a row for 0-2 bedroom properties observed since trend data began in 2020. Asking rents dipped by $14 …

realtor.com

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Rents Nationwide Fall For The 15th Month In A Row - Realtor.com

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Nov 22, 2024 · The median asking rent in the 50 largest metros registered at $1,720, down $23 from last month and $40 from its August 2022 peak, notes Realtor.com economist Jiayi Xu in …

realtor.com

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Single-Family Rent Growth Slows In October - Globest.com

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Dec 23, 2024 · “High-end rent prices increased 2.4% since October 2023, up from last year’s 1.8% growth. Low-end rent prices increased 2.0% in October, a slowdown from the 3.0% seen …

globest.com

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Rent Growth Finally Reaccelerates After Nearly Two-Year ... - Zillow

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Nov 8, 2023 · The nearly two-year-long slowdown in rent growth may finally have come to an end in October. After slowing in every month since a record-high 16.1% in February 2022, the …

zillow.com

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US Single-family Rent Growth Eased In October

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Jan 2, 2024 · For these categories, rent-growth changes in October 2023 over October 2022 were: Lower-priced: Rent growth was down 3.3% versus 11%. Lower-middle priced: Rent …

housingwire.com

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Two-year Rent Growth Streak Ends In Small Step Toward Normalcy

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Nov 15, 2022 · Asking rents across the U.S. finally ended a non-stop growth streak in October, falling 0.1% month-over-month and marking the first monthly decline in two years. The small …

zillow.com

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After Rapid Cooldown, Apartment Rents Plateau (For Now)

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Nov 7, 2023 · For the first time in three years, the year-over-year apartment rent growth trendline isn’t moving like a roller coaster. National rent growth held steady at a flat 0.1% annually for a …

realpage.com

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U.S. Asking Rents Remained Sluggish In October Amid Rising

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Nov 8, 2023 · The median U.S. asking rent in October was $1,978, little changed (-0.3%) from a year earlier, but down 3.7% from the $2,054 record high set in August 2022. It fell 1.6% from a …

redfin.com

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Realtor.com® October Rental Report: Rent Growth Hits Slowest …

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Nov 17, 2022 · The Realtor.com ® October Rental Report shows that nationally rent growth slowed to 4.7% year-over-year, its slowest pace in 18 months, with the median U.S. rent …

prnewswire.com

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October Rental Report: Rent Prices Fall For The Third Straight Month

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Nov 17, 2022 · In October 2022, the U.S. rental market experienced single-digit growth for the third month in a row after nine months of slowing from January’s peak 17.4% growth. The …

realtor.com

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Rental Price Growth Slows To The Lowest Level In 18 Months

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Nov 18, 2022 · The median rent in the top 50 metros in October was $1,734, down $25 from last month and $47 from the peak in July. This marks the third consecutive month of single-digit …

forbes.com

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Redfin Reports Rents Rose 7.8% In October—Slowest Growth In 14 …

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Nov 16, 2022 · October marked the second-straight month of single-digit rent growth following roughly a year of double-digit gains. It was also the fifth-consecutive month in which annual …

redfin.com

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Realtor.com® October Rental Report: Rent Growth Hits Slowest …

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Nov 17, 2022 · Nearly 70% of renters surveyed are considering moving to save money as rent increases cut into monthly budgets and hinder savings. SANTA CLARA, Calif., Nov. 17, 2022 …

realtor.com

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October’s Rent Cut Ranks As Third Largest Since 2010

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Nov 3, 2022 · Rents jumped in every month of 2021, so 2022 marks a return to normal. Second, the October 2022 cut of 0.6% was the largest for any October in more than 12 years. The cuts …

realpage.com

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October Rent Report: Rents Continue To Cool As Larger Units Inch …

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Nov 13, 2020 · The median one-bedroom rent in October was $1,495, up 1.1 percent year-over-year, a marginal uptick from the 1.0 percent growth seen last month. In March, one-bedroom …

realtor.com

FAQs about October Rental Data: Steep Rent Growth Makes Conditions Tough … Coupon?

Is the slowdown in rent growth coming to an end?

The nearly two-year-long slowdown in rent growth may finally have come to an end in October. After slowing in every month since a record-high 16.1% in February 2022, the annual change in typical U.S. asking rent increased in October, according to the Zillow Observed Rent Index (ZORI). ...

What was the median rent in the top 50 metros in October?

The median rent in the top 50 metros in October was $1,734, down $25 from last month. Renters throughout the country are finally seeing a bit of relief when it comes to the seemingly relentless pace of rent growth. The Realtor.com October Rental Report details the shifting marketplace reality. ...

Will rent growth end in October?

Smaller, more affordable markets in the Northeast and Midwest saw annual rent growth remain the strongest in October. Typical asking rent has fallen from a year ago in Austin, San Francisco and Portland. The nearly two-year-long slowdown in rent growth may finally have come to an end in October. ...

Why are rental prices so high in the south?

While rents remain higher than pre-pandemic levels, the added supply is beginning to ease pressure on renters, making these cities more accessible in general. “The faster growth of rental completions in the South has boosted rental supplies and dampened the typical rental price of homes available in October compared to one year ago,” says Xu. ...

Are rent prices moving in the right direction?

Here’s some good news for renters: Rent prices are still moving in the right direction—and have fallen for the 15th consecutive month. The median asking rent in the 50 largest metros registered at $1,720, down $23 from last month and $40 from its August 2022 peak, notes Realtor.com economist Jiayi Xu in the October 2024 Rental Report. ...

Are rental prices going up?

And while rents are up, their increases have been relatively mild compared with for-sale homes. In the same five-year period, the median price per square foot of for-sale home listings surged by a whopping 50.5%. And now, rental prices are starting to cool further, especially for smaller apartments. ...