Though the top 10 markets did not see any ranking adjustments in this report, New York City shined particularly bright because it had the largest monthly growth rate for one bedrooms, up 4.6% to reach at least a 3 year peak of $2,980.
The rest of the country experienced many flat monthly growth rates, with a handful even seeing large, double digit year over year declines. It seems the market is stabilizing since the days of many cities experiencing consecutive, 10%+ year over year growth rates in 2018. However, since hot moving season has just begun, rents could still shoot up in the coming months.
Meanwhile, Spokane had the largest monthly rental growth rate in the nation, up 5.3% to $790 and Honolulu had experienced the biggest rent dip last month, down 5.1% to $1,670.
Overall, the national one bedroom rent increased a slight 0.1% to a median of $1,216, while two bedrooms grew 0.5% to $1,471. On a year to date basis, one bedroom prices are up 1.5% and 2.4%, respectively.
Top Five Rental Markets
1. San Francisco, Californie saw one bedroom rent have another flat month, staying at $3,700. Two bedrooms, on the other hand, jumped 4.9% to settle at $4,720.
2. New York, NY one bedroom rent jumped 4.6% to an all-time peak of $2,980, while two bedrooms had an even larger monthly growth rate, up 5.1% to $3,300.
3. Boston, Massachusetts held steady as the 3rd priciest city in the nation with one bedroom rent growing 3.3% to $2,500 and two bedrooms increasing 1.8% to $2,850. Notably, one bedroom rent is up 8.7% since this time last year.
4. San Jose, CA stayed the 4th most expensive rental market with one bedroom rent inching up 0.8% to $2,430, while two bedrooms decreased 0.3% to $2,920.
5. Los Angeles, Californie rounded off the top 5 cities with one bedroom rent down 1.3% to $2,250 and two bedroom rent falling 2.3% to $3,030.
Notable Changes This Month
–Spokane, WA one bedroom rent was catapulted up 7 spots to rank as 76th after experiencing the largest monthly growth rate in the nation, up 5.3% to $790. Two bedrooms also grew 5.3% to settle at $990.
–Irving, TX moved up 5 positions to become the 39th priciest city. One bedroom rent jumped 4.6% to $1,140, while two bedrooms had a smaller monthly growth rate, up 1.4% to $1,490.
–Anchorage, AK saw one bedroom rent climb 4.4%, settling at $950, and up 2 spots to rank as 59th. Two bedrooms had more modest growth, increasing 1.8% to $1,150.
–Tulsa, OK saw a 3 ranking bump up to 93rd with one bedroom rent growing 3.2% to $650 and two bedrooms increasing 2.6% to $800.
–Houston, Texas jumped 9 positions to become the 28th most expensive city with one bedroom rent up 3.4% to $1,210.
Downward
–Honolulu, HI one bedroom rent fell 5.1%, which was the largest monthly decline in the nation, settling at $1,670, and down 2 spots to rank as the 13th priciest city.
–Nashville, TN moved down 2 spots to rank as 27th with one bedroom rent down 4.6% to $1,250 and two bedrooms decreasing 0.8% to $1,310.
–Louisville, KY dropped 1 position to become 66th with one bedroom rent falling 4.5% to $850. Two bedrooms had a more drastic dip, down 5.1% to $940.
–Providence, RI saw one bedroom rent move down 1 spot, now ranking as the 20th most expensive. One bedroom rent decreased 2.8% to $1,400, while two bedrooms were flat at $1,580.
Full Data
Full Data
| 1 Bedroom | 2 Bedrooms | ||||||
|---|---|---|---|---|---|---|---|
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
| 1 | San Francisco, Californie | $3,700 | 0.00% | 6.00% | $4,720 | 4.90% | 2.60% |
| 2 | New York, NY | $2,980 | 4.60% | 4.20% | $3,300 | 5.10% | 3.10% |
| 3 | Boston, Massachusetts | $2,500 | 3.30% | 8.70% | $2,850 | 1.80% | 3.60% |
| 4 | San Jose, CA | $2,430 | 0.80% | -4.00% | $2,920 | -0.30% | -3.30% |
| 5 | Los Angeles, Californie | $2,250 | -1.30% | -3.80% | $3,030 | -2.30% | -7.90% |
| 6 | Oakland, CA | $2,240 | 1.80% | 3.20% | $2,720 | 0.00% | 8.80% |
| 7 | Washington, D.C. | $2,210 | 2.80% | 3.30% | $2,960 | 3.90% | 10.40% |
| 8 | Seattle, WA | $1,880 | -0.50% | -5.50% | $2,380 | -2.10% | -5.60% |
| 9 | Miami, Floride | $1,790 | -0.60% | -0.60% | $2,310 | -1.70% | -6.50% |
| 10 | Santa Ana, CA | $1,780 | 0.00% | 3.50% | $2,180 | 0.00% | 2.80% |
| 11 | San Diego, CA | $1,710 | -2.30% | -7.10% | $2,330 | 1.30% | -2.90% |
| 12 | Anaheim, CA | $1,700 | -1.20% | 4.30% | $2,110 | 3.90% | -1.40% |
| 13 | Honolulu, HI | $1,670 | -5.10% | -3.50% | $2,300 | 0.90% | 4.50% |
| 14 | Fort Lauderdale, FL | $1,620 | 1.30% | 0.60% | $2,090 | 4.50% | 0.50% |
| 15 | Chicago, Illinois | $1,570 | 1.90% | 4.70% | $1,890 | 1.60% | -0.50% |
| 16 | Denver, Colorado | $1,540 | 0.00% | 4.80% | $1,950 | -2.50% | -1.50% |
| 16 | Long Beach, CA | $1,540 | -0.60% | -2.50% | $2,000 | 0.00% | -9.10% |
| 18 | Atlanta, Géorgie | $1,430 | -2.70% | 0.70% | $1,800 | -0.60% | -0.60% |
| 18 | New Orleans, LA | $1,430 | 0.00% | 1.40% | $1,530 | 0.00% | -1.30% |
| 20 | Minneapolis, MN | $1,400 | 0.00% | -0.70% | $1,840 | -3.20% | -0.50% |
| 20 | Providence, RI | $1,400 | -2.80% | -7.90% | $1,580 | 0.00% | -0.60% |
| 22 | Philadelphie, Pennsylvanie | $1,350 | 0.70% | -9.40% | $1,700 | 0.00% | 0.00% |
| 22 | Portland, Oregon | $1,350 | 0.00% | -6.90% | $1,680 | 5.00% | -4.00% |
| 24 | Orlando, Floride | $1,320 | 0.80% | 3.90% | $1,500 | 0.00% | 2.70% |
| 24 | Scottsdale, AZ | $1,320 | -2.20% | 5.60% | $2,010 | -5.20% | 6.30% |
| 26 | Dallas, Texas | $1,260 | 0.80% | -3.80% | $1,740 | 1.80% | -2.80% |
| 27 | Nashville, TN | $1,250 | -4.60% | -10.10% | $1,310 | -0.80% | -10.90% |
| 28 | Chandler, AZ | $1,210 | 0.80% | 15.20% | $1,440 | 2.90% | 12.50% |
| 28 | Houston, Texas | $1,210 | 3.40% | -6.90% | $1,400 | 0.00% | -13.00% |
| 28 | Sacramento, CA | $1,210 | 0.80% | 1.70% | $1,450 | 2.80% | 3.60% |
| 31 | Charlotte, Caroline du Nord | $1,200 | 0.80% | -4.00% | $1,340 | 2.30% | -2.20% |
| 32 | Aurora, CO | $1,190 | 0.00% | 7.20% | $1,440 | 2.10% | -0.70% |
| 33 | Austin, Texas | $1,180 | -1.70% | 0.00% | $1,520 | 0.70% | 3.40% |
| 33 | Baltimore, MD | $1,180 | 0.90% | -15.70% | $1,450 | -1.40% | -9.90% |
| 35 | Gilbert, AZ | $1,170 | 2.60% | 7.30% | $1,430 | -0.70% | 5.10% |
| 35 | Madison, WI | $1,170 | -1.70% | -10.00% | $1,330 | -3.60% | -4.30% |
| 35 | Plano, TX | $1,170 | 0.00% | 3.50% | $1,580 | 0.60% | 4.60% |
| 38 | Newark, NJ | $1,150 | 0.00% | 4.50% | $1,400 | 2.20% | 1.40% |
| 39 | Irving, TX | $1,140 | 4.60% | -1.70% | $1,490 | 1.40% | -3.90% |
| 39 | Tampa, Floride | $1,140 | -0.90% | 0.00% | $1,350 | 0.00% | -2.20% |
| 41 | Henderson, NV | $1,130 | 1.80% | 7.60% | $1,340 | 1.50% | 9.80% |
| 42 | Durham, NC | $1,110 | 0.00% | 0.90% | $1,270 | 0.00% | 0.00% |
| 43 | Fort Worth, TX | $1,100 | 0.00% | 0.90% | $1,310 | 1.60% | 0.80% |
| 43 | St Petersburg, FL | $1,100 | 0.00% | 1.90% | $1,590 | -0.60% | 2.60% |
| 45 | Pittsburgh, PA | $1,090 | 0.00% | -0.90% | $1,340 | 0.80% | -0.70% |
| 46 | Salt Lake City, UT | $1,070 | 0.00% | 1.90% | $1,370 | 0.00% | -1.40% |
| 47 | Richmond, VA | $1,050 | 0.00% | 0.00% | $1,290 | 2.40% | 2.40% |
| 48 | Virginia Beach, VA | $1,020 | 1.00% | -1.90% | $1,220 | 1.70% | 1.70% |
| 49 | Fresno, CA | $1,000 | 0.00% | 12.40% | $1,140 | 0.00% | 4.60% |
| 49 | Phoenix, Arizona | $1,000 | 1.00% | 2.00% | $1,240 | 1.60% | 4.20% |
| 51 | Buffalo, NY | $990 | 0.00% | -9.20% | $1,180 | 0.00% | -7.10% |
| 51 | Chesapeake, VA | $990 | 0.00% | -2.00% | $1,210 | -0.80% | 0.80% |
| 51 | Las Vegas, Nevada | $990 | 0.00% | 8.80% | $1,150 | 0.00% | 4.50% |
| 51 | Raleigh, NC | $990 | 1.00% | -1.00% | $1,160 | 0.90% | -1.70% |
| 55 | Milwaukee, WI | $970 | 0.00% | 4.30% | $1,020 | 0.00% | -6.40% |
| 55 | Syracuse, NY | $970 | 0.00% | 10.20% | $1,050 | 0.00% | 1.90% |
| 57 | Boise, ID | $960 | 0.00% | 6.70% | $1,100 | 0.00% | 15.80% |
| 57 | Jacksonville, FL | $960 | 1.10% | 1.10% | $1,090 | 0.90% | 0.00% |
| 59 | Anchorage, AK | $950 | 4.40% | 10.50% | $1,150 | 1.80% | 3.60% |
| 59 | Kansas City, MO | $950 | 1.10% | -2.10% | $1,090 | 0.00% | 0.00% |
| 61 | Mesa, AZ | $920 | 2.20% | 1.10% | $1,160 | 4.50% | 5.50% |
| 61 | San Antonio, TX | $920 | 2.20% | 3.40% | $1,150 | 2.70% | 0.00% |
| 63 | Colorado Springs, CO | $910 | -2.20% | -1.10% | $1,170 | 5.40% | 1.70% |
| 63 | Reno, NV | $910 | 0.00% | 7.10% | $1,310 | 0.00% | 3.10% |
| 65 | Corpus Christi, TX | $860 | 1.20% | 1.20% | $1,060 | 1.90% | -2.80% |
| 66 | Louisville, KY | $850 | -4.50% | 0.00% | $940 | -5.10% | -4.10% |
| 67 | Baton Rouge, LA | $840 | -1.20% | -6.70% | $960 | 2.10% | 0.00% |
| 67 | Omaha, NE | $840 | -1.20% | -1.20% | $1,050 | 0.00% | 0.00% |
| 67 | Rochester, NY | $840 | 0.00% | 0.00% | $980 | 0.00% | 0.00% |
| 70 | Laredo, TX | $830 | 0.00% | -3.50% | $850 | -4.50% | -14.10% |
| 71 | Arlington, TX | $820 | 0.00% | 5.10% | $1,090 | 0.00% | 2.80% |
| 72 | Cleveland, OH | $810 | 0.00% | 1.30% | $870 | 0.00% | -1.10% |
| 72 | Des Moines, IA | $810 | 0.00% | -3.60% | $860 | 0.00% | -2.30% |
| 74 | Glendale, AZ | $800 | 2.60% | 8.10% | $1,050 | 5.00% | 9.40% |
| 74 | Norfolk, VA | $800 | 0.00% | -1.20% | $1,000 | 3.10% | 3.10% |
| 76 | Knoxville, TN | $790 | 0.00% | 1.30% | $900 | 0.00% | -2.20% |
| 76 | Spokane, WA | $790 | 5.30% | 12.90% | $990 | 5.30% | 15.10% |
| 76 | St Louis, MO | $790 | 0.00% | 2.60% | $1,150 | 0.00% | 2.70% |
| 79 | Bakersfield, CA | $780 | 0.00% | 0.00% | $960 | -2.00% | 6.70% |
| 79 | Chattanooga, TN | $780 | 0.00% | 2.60% | $890 | 0.00% | 9.90% |
| 79 | Cincinnati, OH | $780 | 0.00% | -4.90% | $1,120 | 0.00% | 0.90% |
| 82 | Winston Salem, NC | $770 | 0.00% | 1.30% | $830 | 0.00% | 1.20% |
| 83 | Tallahassee, FL | $760 | 0.00% | 1.30% | $880 | 0.00% | 3.50% |
| 84 | Augusta, GA | $750 | 0.00% | -1.30% | $830 | 5.10% | -1.20% |
| 84 | Indianapolis, IN | $750 | 0.00% | 8.70% | $810 | 0.00% | 0.00% |
| 84 | Lexington, KY | $750 | 1.40% | -3.80% | $980 | 1.00% | 3.20% |
| 87 | Memphis, TN | $730 | 0.00% | 2.80% | $800 | 3.90% | 3.90% |
| 87 | Oklahoma City, OK | $730 | 2.80% | 7.40% | $910 | 4.60% | 9.60% |
| 89 | Greensboro, NC | $710 | -1.40% | 0.00% | $830 | -2.40% | -1.20% |
| 90 | Columbus, Ohio | $700 | 0.00% | -4.10% | $1,080 | -1.80% | 2.90% |
| 91 | Albuquerque, NM | $690 | 1.50% | 6.20% | $810 | -1.20% | -3.60% |
| 92 | Lincoln, NE | $670 | 0.00% | 0.00% | $890 | 0.00% | 0.00% |
| 93 | Shreveport, LA | $650 | 1.60% | 1.60% | $700 | 0.00% | -1.40% |
| 93 | Tucson, AZ | $650 | 0.00% | 3.20% | $880 | 0.00% | 6.00% |
| 93 | Tulsa, OK | $650 | 3.20% | 8.30% | $800 | 2.60% | 5.30% |
| 96 | El Paso, TX | $630 | -1.60% | -1.60% | $760 | 1.30% | 0.00% |
| 96 | Lubbock, TX | $630 | 0.00% | 6.80% | $790 | -1.30% | 1.30% |
| 98 | Detroit, MI | $610 | 0.00% | 0.00% | $690 | 0.00% | 0.00% |
| 98 | Wichita, KS | $610 | 0.00% | -3.20% | $750 | 5.60% | 1.40% |
| 100 | Akron, OH | $540 | 1.90% | -10.00% | $710 | -2.70% | -4.10% |
About
The Zumper National Rent Report analyses rental data from over 1 million active listings across the United States. Data is aggregated on a monthly basis to calculate median asking rents for the top 100 metro areas by population, providing a comprehensive view of the current state of the market. The report is based on all data available in the month prior to publication.
If you’re interested in a more in-depth explanation of how and why we calculate our rent data, view our methodology post.
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