After the shake up from the previous rent report, Santa Ana rose another position to comfortably rank in the top 10 markets as the 8th most expensive city. Miami remained just out of the top 10 and Anaheim is dangerously close to entering, now ranking as 12th. Perhaps we will see 7 of the priciest 10 cities reside in California in the next couple of months. Notably, as we enter the fall season, San Francisco one bedroom rent hit $3,650, which is the highest price point we’ve seen since our November 2015 report. Meanwhile, the city with the largest monthly growth rate was Augusta, up 5.6%, and the city that saw the biggest monthly rental dip was Detroit, down 5.6%.
Overall, the national one bedroom rent increased a slight 0.2% to $1,211, while two bedrooms fell 0.3% to $1,443. On a year over year basis, one and two bedroom prices are up 1.6% and 3%, respectively.
Top Five Rental Markets
1. San Francisco, Californie saw one bedroom rent grow 2.2% to $3,650 last month, which is the highest it’s been since November 2015, while two bedrooms increased 2.1% to $4,800.
2. New York, NY held onto its position as second, though one bedroom rent decreased 0.7% to $2,850. Two bedrooms, on the other hand, grew 0.3% to $3,280.
3. San Jose, CA remained third with one bedroom rent falling 3.1% to $2,470 and two bedrooms growing 1.3% to $3,010.
4. Los Angeles, Californie one bedroom rent grew 2.2% to $2,360, while two bedrooms had more modest growth, up 1.3% to $3,240. Notably, on a year over year basis, one bedroom rent is up 9.7% since this time last year.
5. Boston, Massachusetts rounded out the top 5 markets with one bedroom rent growing 2.2% to $2,360, while two bedrooms remained flat at $2,700.
Notable Changes This Month
Upward
–Newark, NJ moved up 5 spots to become the 33rd most expensive city with one bedroom rent jumping 5.4% to $1,180 and two bedrooms up 1.4% to $1,410.
–Chandler, AZ rose 4 positions to rank as 42nd. One bedroom rent grew 4.8% to $1,100, while two bedrooms increased 1.6% to $1,310.
–Milwaukee, WI saw one bedroom rent climb 5.4%, settling at $970, and up 5 spots to become the 52nd priciest city. Two bedroom prices increased 0.9% to $1,110.
–Fresno, CA also shot up 5 positions to 53rd with one bedroom rent jumping 5.5% to $960 and two bedrooms growing 0.9% to $1,090.
–Augusta, GA one bedroom rent saw a 6 ranking jump to 83rd, thanks to the 5.6% monthly growth rate, which was the largest in the country.
Downward
–Virginia Beach, VA took an 8 ranking plunge to 50th with one bedroom rent falling 4.7% to $1,020 and two bedrooms dropping 1.6% to $1,200.
–Louisville, KY one bedroom rent dipped down 3 spots to rank as the 65th most expensive with one bedroom rent falling 4.5% to $840.
–Columbus, Ohio moved down 4 positions to become the 79th most expensive city. One bedroom rent decreased 3.8% to $770.
–Spokane, WA one bedroom rent dropped 4.1%, settling at $710, and down 4 spots to become 89th. Two bedrooms remained flat at $900.
–Detroit, MI took a 5 ranking dip to 99th with one bedroom rent falling 4.8%, which was the largest monthly decrease in the nation, to $600. Two bedrooms also saw a decline, down 2.8% to $700.
Full Data
| 1 Bedroom | 2 Bedrooms | ||||||
|---|---|---|---|---|---|---|---|
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
| 1 | San Francisco, Californie | $3,650 | 2.20% | 4.90% | $4,800 | 2.10% | 6.70% |
| 2 | New York, NY | $2,850 | -0.70% | 1.80% | $3,280 | 0.30% | 5.80% |
| 3 | San Jose, CA | $2,470 | -3.10% | 3.30% | $3,010 | 1.30% | 9.10% |
| 4 | Los Angeles, Californie | $2,370 | 2.20% | 9.70% | $3,240 | 1.30% | 1.30% |
| 5 | Boston, Massachusetts | $2,360 | 2.20% | 7.30% | $2,700 | 0.00% | 3.40% |
| 6 | Oakland, CA | $2,170 | 1.90% | 12.40% | $2,750 | 5.00% | 6.60% |
| 7 | Washington, D.C. | $2,160 | 0.00% | -4.40% | $2,710 | -3.60% | -14.80% |
| 8 | Santa Ana, CA | $1,920 | 4.90% | -6.30% | $2,250 | 5.10% | 1.40% |
| 9 | Seattle, WA | $1,910 | -2.10% | 2.10% | $2,530 | 4.10% | 1.20% |
| 10 | San Diego, CA | $1,840 | 1.70% | 11.50% | $2,500 | 0.40% | 8.70% |
| 11 | Miami, Floride | $1,800 | 0.00% | 0.00% | $2,430 | 2.10% | -0.80% |
| 12 | Anaheim, CA | $1,710 | 1.80% | 7.50% | $2,120 | -0.50% | 6.00% |
| 13 | Honolulu, HI | $1,680 | -2.90% | -6.70% | $2,200 | 4.80% | -1.30% |
| 14 | Long Beach, CA | $1,570 | 0.00% | 14.60% | $2,000 | -1.00% | 7.00% |
| 15 | Philadelphie, Pennsylvanie | $1,550 | 0.60% | 9.90% | $1,700 | -1.70% | 4.30% |
| 16 | Chicago, Illinois | $1,510 | -0.70% | -1.30% | $1,860 | 0.00% | -11.80% |
| 17 | Denver, Colorado | $1,500 | -1.30% | 11.90% | $1,910 | -1.00% | 6.10% |
| 17 | Fort Lauderdale, FL | $1,500 | 2.00% | -3.20% | $1,990 | -0.50% | 1.00% |
| 19 | Atlanta, Géorgie | $1,460 | -0.70% | 7.40% | $1,810 | -3.20% | 6.50% |
| 20 | Minneapolis, MN | $1,440 | 2.10% | 16.10% | $1,980 | 3.70% | 8.80% |
| 21 | Providence, RI | $1,410 | -2.10% | -6.00% | $1,560 | 2.60% | 1.30% |
| 22 | Portland, Oregon | $1,400 | 0.00% | 2.90% | $1,660 | 1.20% | 3.80% |
| 23 | Baltimore, MD | $1,380 | -0.70% | 12.20% | $1,650 | -5.20% | 15.40% |
| 24 | New Orleans, LA | $1,370 | 0.00% | 9.60% | $1,490 | -3.90% | -0.70% |
| 25 | Nashville, TN | $1,350 | -0.70% | 15.40% | $1,390 | -0.70% | 3.70% |
| 26 | Madison, WI | $1,300 | 0.80% | 9.20% | $1,480 | 5.00% | 13.80% |
| 27 | Sacramento, CA | $1,280 | 1.60% | 14.30% | $1,410 | -3.40% | 5.20% |
| 27 | Scottsdale, AZ | $1,280 | 3.20% | 5.80% | $1,970 | 3.70% | -9.20% |
| 29 | Dallas, Texas | $1,270 | 0.80% | -8.00% | $1,710 | 0.00% | -6.00% |
| 30 | Houston, Texas | $1,260 | 0.00% | 9.60% | $1,570 | -1.90% | 9.00% |
| 30 | Orlando, Floride | $1,260 | 1.60% | 13.50% | $1,460 | 0.00% | 15.00% |
| 32 | Austin, Texas | $1,230 | 2.50% | 12.80% | $1,500 | 0.70% | 7.90% |
| 33 | Newark, NJ | $1,180 | 5.40% | 14.60% | $1,410 | 1.40% | 12.80% |
| 34 | Aurora, CO | $1,150 | 0.90% | 15.00% | $1,450 | 0.70% | 6.60% |
| 34 | Charlotte, Caroline du Nord | $1,150 | 0.00% | 1.80% | $1,290 | 0.00% | 4.00% |
| 34 | Pittsburgh, PA | $1,150 | 2.70% | -10.90% | $1,350 | 0.00% | -3.60% |
| 37 | Durham, NC | $1,140 | 0.90% | 15.20% | $1,250 | -1.60% | 13.60% |
| 37 | Irving, TX | $1,140 | 2.70% | -1.70% | $1,420 | -2.70% | 1.40% |
| 37 | Plano, TX | $1,140 | -0.90% | 1.80% | $1,510 | -3.20% | 0.70% |
| 40 | Tampa, Floride | $1,130 | -3.40% | 7.60% | $1,340 | -3.60% | 5.50% |
| 41 | Gilbert, AZ | $1,110 | 2.80% | 11.00% | $1,330 | -0.70% | 0.80% |
| 42 | Chandler, AZ | $1,100 | 4.80% | 12.20% | $1,310 | 1.60% | 6.50% |
| 43 | Fort Worth, TX | $1,070 | 0.90% | 15.10% | $1,280 | -3.80% | 10.30% |
| 43 | Henderson, NV | $1,070 | 0.00% | 12.60% | $1,260 | 0.00% | 12.50% |
| 43 | Richmond, VA | $1,070 | 0.90% | 7.00% | $1,230 | -0.80% | 5.10% |
| 46 | St Petersburg, FL | $1,050 | 4.00% | 15.40% | $1,520 | 0.00% | 16.90% |
| 47 | Chesapeake, VA | $1,040 | 0.00% | 15.60% | $1,200 | 0.00% | 0.00% |
| 47 | Salt Lake City, UT | $1,040 | 0.00% | 15.60% | $1,380 | 2.20% | 14.00% |
| 49 | Buffalo, NY | $1,030 | -1.90% | 13.20% | $1,350 | -4.90% | 13.40% |
| 50 | Virginia Beach, VA | $1,020 | -4.70% | 2.00% | $1,200 | -1.60% | 0.00% |
| 51 | Raleigh, NC | $1,000 | 0.00% | 3.10% | $1,160 | -2.50% | 6.40% |
| 52 | Milwaukee, WI | $970 | 5.40% | 15.50% | $1,110 | 0.90% | 16.80% |
| 53 | Fresno, CA | $960 | 5.50% | 15.70% | $1,090 | 0.90% | 16.00% |
| 53 | Jacksonville, FL | $960 | -1.00% | 6.70% | $1,090 | -0.90% | 3.80% |
| 55 | Phoenix, Arizona | $950 | -2.10% | 11.80% | $1,190 | 0.80% | 12.30% |
| 56 | Kansas City, MO | $940 | -1.10% | 13.30% | $1,060 | -5.40% | 5.00% |
| 57 | Boise, ID | $920 | -2.10% | 16.50% | $1,030 | 3.00% | 14.40% |
| 57 | Las Vegas, Nevada | $920 | -1.10% | 15.00% | $1,120 | -0.90% | 14.30% |
| 57 | San Antonio, TX | $920 | 1.10% | 10.80% | $1,150 | -1.70% | 12.70% |
| 60 | Colorado Springs, CO | $910 | 1.10% | 13.80% | $1,100 | -1.80% | 4.80% |
| 61 | Anchorage, AK | $900 | -1.10% | -1.10% | $1,150 | 0.90% | 4.50% |
| 62 | Corpus Christi, TX | $870 | 1.20% | 6.10% | $1,070 | -0.90% | 5.90% |
| 63 | Mesa, AZ | $860 | -2.30% | 7.50% | $1,020 | 1.00% | 8.50% |
| 64 | Reno, NV | $850 | 2.40% | 14.90% | $1,200 | -1.60% | 15.40% |
| 65 | Louisville, KY | $840 | -4.50% | -2.30% | $1,020 | 2.00% | 9.70% |
| 66 | Baton Rouge, LA | $830 | -1.20% | 3.80% | $950 | 1.10% | 11.80% |
| 66 | Des Moines, IA | $830 | -3.50% | 10.70% | $900 | -2.20% | 9.80% |
| 66 | Laredo, TX | $830 | 0.00% | 15.30% | $990 | 0.00% | 16.50% |
| 66 | Omaha, NE | $830 | -1.20% | 2.50% | $1,090 | -1.80% | 9.00% |
| 70 | Rochester, NY | $820 | -1.20% | 15.50% | $1,010 | 1.00% | 16.10% |
| 70 | Syracuse, NY | $820 | -1.20% | -5.70% | $1,010 | -4.70% | 12.20% |
| 72 | Arlington, TX | $810 | 0.00% | 15.70% | $1,080 | -0.90% | 16.10% |
| 72 | Knoxville, TN | $810 | -1.20% | 15.70% | $930 | 0.00% | 16.30% |
| 72 | Norfolk, VA | $810 | -1.20% | 14.10% | $940 | -1.10% | 4.40% |
| 75 | Cleveland, OH | $790 | 1.30% | 16.20% | $870 | -1.10% | 14.50% |
| 76 | Chattanooga, TN | $780 | 1.30% | 16.40% | $850 | 4.90% | 13.30% |
| 76 | Cincinnati, OH | $780 | -2.50% | 14.70% | $1,130 | 4.60% | 14.10% |
| 76 | Winston Salem, NC | $780 | -2.50% | 14.70% | $880 | 4.80% | 15.80% |
| 79 | Columbus, Ohio | $770 | -3.80% | 6.90% | $1,070 | 1.90% | 16.30% |
| 79 | Glendale, AZ | $770 | 0.00% | 14.90% | $950 | -5.00% | 5.60% |
| 81 | Lexington, KY | $760 | 1.30% | 1.30% | $920 | 1.10% | 1.10% |
| 81 | St Louis, MO | $760 | -3.80% | 15.20% | $1,090 | -3.50% | 14.70% |
| 83 | Augusta, GA | $750 | 5.60% | 15.40% | $830 | 0.00% | 3.80% |
| 83 | Bakersfield, CA | $750 | -1.30% | 8.70% | $860 | -3.40% | 1.20% |
| 85 | Memphis, TN | $730 | -2.70% | 10.60% | $790 | -1.30% | 11.30% |
| 85 | Tallahassee, FL | $730 | 0.00% | 15.90% | $870 | 1.20% | 8.70% |
| 87 | Greensboro, NC | $720 | -1.40% | 12.50% | $830 | 1.20% | 3.80% |
| 87 | Oklahoma City, OK | $720 | 0.00% | 14.30% | $870 | 1.20% | 11.50% |
| 89 | Spokane, WA | $710 | -4.10% | 4.40% | $900 | 0.00% | 4.70% |
| 90 | Lincoln, NE | $700 | -1.40% | 14.80% | $960 | 0.00% | 14.30% |
| 91 | Albuquerque, NM | $670 | 0.00% | 3.10% | $840 | 1.20% | 1.20% |
| 92 | Indianapolis, IN | $660 | -1.50% | 15.80% | $800 | 0.00% | 14.30% |
| 93 | El Paso, TX | $640 | 1.60% | 3.20% | $750 | -2.60% | 1.40% |
| 93 | Shreveport, LA | $640 | 0.00% | 14.30% | $720 | 0.00% | 10.80% |
| 95 | Tucson, AZ | $630 | 0.00% | 0.00% | $850 | 0.00% | 2.40% |
| 95 | Tulsa, OK | $630 | 0.00% | 6.80% | $800 | 2.60% | 11.10% |
| 97 | Lubbock, TX | $620 | 0.00% | 12.70% | $770 | 0.00% | 5.50% |
| 98 | Wichita, KS | $610 | 1.70% | 15.10% | $740 | -3.90% | 13.80% |
| 99 | Detroit, MI | $600 | -4.80% | 9.10% | $700 | -2.80% | 7.70% |
| 100 | Akron, OH | $550 | 1.90% | 3.80% | $700 | -5.40% | 7.70% |
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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