Last month, the top 10 markets saw a shake up as Santa Ana, for the first time, moved in as the 9th most expensive city, pushing Miami down to 11th. This means that it’s bad news for the Golden State as more than half of the top markets, 6 of 10, are California cities. The lower-tiered markets had both the largest rental growth rate and the biggest rent dip of the month. Winston Salem, currently 75th, saw one bedroom rent climb 5.3%, while Akron, the most affordable city, saw rent drop 5.3%.
Overall, the national one and two bedroom median rents had flat monthly growth rates. Both bedroom types increased a slight 0.1% last month, with one bedroom rent settling at $1,209 and two bedroom rent at $1,447. On a year over year basis, one and two bedroom prices are up 2.2% and 3.2%, respectively.
Top Five Rental Markets
1. San Francisco, Californie one bedroom rent, remaining the most expensive in the nation, saw a small uptick of 2% to $3,570, while two bedrooms decreased 0.6% to $4,700.
2. New York, NY saw one bedroom rent decrease 1% to $2,870, while two bedrooms fell 0.6% to $3,270.
3. San Jose, CA had a flat month with one bedroom rent staying stable at $2,550 and two bedrooms dropping 1.3% to $2,970.
4. Los Angeles, Californie moved up one spot, outpacing Boston, to become the 4th priciest city with one and two bedroom prices settling at $2,320 and $3,200, respectively.
5. Boston, Massachusetts dropped to 5th with one bedroom rent falling 1.3% to $2,310 and two bedroom rent decreasing 1.8% to $2,700.
Notable Changes This Month
Upward
–Santa Ana, CA rose two spots and, for the first time ever, ranked in the top 10 markets as the 8th priciest city. One bedroom rent grew 3.4%, which was the largest monthly growth rate in the top cities, to $1,830, while two bedrooms remained flat at $2,140.
–Providence, RI moved up 3 positions to become the 20th most expensive. One bedroom rent jumped 5.1% to $1,440, while two bedrooms were stable at $1,520.
–Sacramento, CA shot up 4 spots to become 27th with one bedroom rent growing 5% to $1,260. Two bedrooms saw a smaller bump, increasing 3.5% to $1,460.
–Winston Salem, NC one bedroom rent saw an 8 ranking jump to 75th, thanks to the 5.3% monthly growth rate, which was the largest in the country.
–Detroit, MI saw one bedroom rent climb 5%, settling at $630, and up 4 spots to become the 94th priciest city. Two bedrooms saw growth as well, with rent increasing 4.3% to $720.
Downward
–Portland, Oregon fell 3 spots to become the 22nd priciest city with one bedroom rent decreasing 5.1% to $1,440.
–St. Petersburg, FL moved down 2 spots, now ranking as the 50th most expensive city, with one bedroom rent down 2.9% to $1,010.
–Syracuse, NY saw one bedroom rent drop 4.6%, settling at $830, and down 4 positions to rank as 68th. Two bedroom rent took an even larger dip, falling 5.4% to $1,060.
–Lexington, KY took a 5 ranking plunge to 83rd with one bedrooms rent falling 5.1% to $750. Two bedroom rent had a more moderate decline, down 3.2% to $910.
–Akron, OH one bedroom rent, remaining the least expensive, had the largest monthly decrease in the country, falling 5.3% to $540. Two bedrooms saw a smaller drop, down 1.3% to $740.
Full Data
| 1 Bedroom | 2 Bedrooms | ||||||
|---|---|---|---|---|---|---|---|
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
| 1 | San Francisco, Californie | $3,570 | 2.00% | 5.30% | $4,700 | -0.60% | 3.10% |
| 2 | New York, NY | $2,870 | -1.00% | 0.70% | $3,270 | -0.60% | 2.20% |
| 3 | San Jose, CA | $2,550 | 0.00% | 8.50% | $2,970 | -1.30% | 6.80% |
| 4 | Los Angeles, Californie | $2,320 | -0.40% | 7.90% | $3,200 | -0.30% | 0.00% |
| 5 | Boston, Massachusetts | $2,310 | -1.30% | 5.00% | $2,700 | -1.80% | 3.80% |
| 6 | Washington, D.C. | $2,160 | 0.50% | -5.30% | $2,810 | 4.50% | -11.60% |
| 7 | Oakland, CA | $2,130 | 1.40% | 5.40% | $2,620 | 4.80% | 3.60% |
| 8 | Seattle, WA | $1,950 | -0.50% | 0.00% | $2,430 | -0.80% | -1.20% |
| 9 | Santa Ana, CA | $1,830 | 3.40% | 6.40% | $2,140 | 0.00% | 9.70% |
| 10 | San Diego, CA | $1,810 | -2.20% | 9.70% | $2,490 | 1.20% | 8.70% |
| 11 | Miami, Floride | $1,800 | 1.10% | 0.00% | $2,380 | 0.00% | -4.80% |
| 12 | Honolulu, HI | $1,730 | 4.20% | -0.60% | $2,100 | -4.50% | -7.90% |
| 13 | Anaheim, CA | $1,680 | 0.00% | 5.70% | $2,130 | 0.50% | 7.00% |
| 14 | Long Beach, CA | $1,570 | -1.90% | 14.60% | $2,020 | 0.00% | 9.20% |
| 15 | Philadelphie, Pennsylvanie | $1,540 | 2.70% | 9.20% | $1,730 | 1.80% | 8.10% |
| 16 | Chicago, Illinois | $1,520 | 0.70% | 0.70% | $1,860 | 0.50% | -15.50% |
| 16 | Denver, Colorado | $1,520 | 1.30% | 15.20% | $1,930 | -2.50% | 7.20% |
| 18 | Atlanta, Géorgie | $1,470 | 0.70% | 10.50% | $1,870 | 0.00% | 10.70% |
| 18 | Fort Lauderdale, FL | $1,470 | -2.00% | -5.20% | $2,000 | 1.50% | 5.30% |
| 20 | Providence, RI | $1,440 | 5.10% | 0.70% | $1,520 | 0.00% | 3.40% |
| 21 | Minneapolis, MN | $1,410 | 1.40% | 11.90% | $1,910 | 2.70% | 7.90% |
| 22 | Portland, Oregon | $1,400 | -4.80% | 3.70% | $1,640 | -5.20% | 2.50% |
| 23 | Baltimore, MD | $1,390 | 0.70% | 7.80% | $1,740 | 4.20% | 16.00% |
| 24 | New Orleans, LA | $1,370 | 2.20% | 9.60% | $1,550 | 1.30% | -1.90% |
| 25 | Nashville, TN | $1,360 | -0.70% | 14.30% | $1,400 | -3.40% | 0.00% |
| 26 | Madison, WI | $1,290 | 0.80% | 7.50% | $1,410 | -0.70% | 13.70% |
| 27 | Dallas, Texas | $1,260 | -3.10% | -7.40% | $1,710 | -3.90% | -9.00% |
| 27 | Houston, Texas | $1,260 | -1.60% | 13.50% | $1,600 | 0.00% | 16.80% |
| 27 | Sacramento, CA | $1,260 | 5.00% | 11.50% | $1,460 | 3.50% | 13.20% |
| 30 | Orlando, Floride | $1,240 | -0.80% | 12.70% | $1,460 | 1.40% | 16.80% |
| 30 | Scottsdale, AZ | $1,240 | -1.60% | 3.30% | $1,900 | -2.60% | -9.50% |
| 32 | Austin, Texas | $1,200 | 0.80% | 9.10% | $1,490 | 0.70% | 6.40% |
| 33 | Tampa, Floride | $1,170 | 0.90% | 11.40% | $1,390 | 0.70% | 13.00% |
| 34 | Charlotte, Caroline du Nord | $1,150 | -2.50% | 2.70% | $1,290 | 0.00% | 4.90% |
| 34 | Plano, TX | $1,150 | -2.50% | 0.00% | $1,560 | -0.60% | 0.60% |
| 36 | Aurora, CO | $1,140 | 0.00% | 14.00% | $1,440 | -1.40% | 3.60% |
| 37 | Durham, NC | $1,130 | 0.00% | 10.80% | $1,270 | -3.10% | 15.50% |
| 38 | Newark, NJ | $1,120 | 0.00% | 12.00% | $1,390 | 0.00% | 15.80% |
| 38 | Pittsburgh, PA | $1,120 | 2.80% | -11.10% | $1,350 | 0.70% | 1.50% |
| 40 | Irving, TX | $1,110 | -2.60% | -6.70% | $1,460 | -5.20% | -0.70% |
| 41 | Gilbert, AZ | $1,080 | 0.00% | 2.90% | $1,340 | 0.00% | 3.90% |
| 42 | Henderson, NV | $1,070 | 0.90% | 11.50% | $1,260 | 1.60% | 16.70% |
| 42 | Virginia Beach, VA | $1,070 | 3.90% | 4.90% | $1,220 | 1.70% | 1.70% |
| 44 | Fort Worth, TX | $1,060 | -3.60% | 9.30% | $1,330 | 1.50% | 15.70% |
| 44 | Richmond, VA | $1,060 | 1.00% | 5.00% | $1,240 | -0.80% | 3.30% |
| 46 | Buffalo, NY | $1,050 | -2.80% | 10.50% | $1,420 | 1.40% | 13.60% |
| 46 | Chandler, AZ | $1,050 | 0.00% | 7.10% | $1,290 | 0.80% | 7.50% |
| 48 | Chesapeake, VA | $1,040 | -1.00% | 15.60% | $1,200 | 0.00% | 0.00% |
| 48 | Salt Lake City, UT | $1,040 | 0.00% | 15.60% | $1,350 | 0.00% | 15.40% |
| 50 | St Petersburg, FL | $1,010 | -2.90% | 9.80% | $1,520 | 1.30% | 15.20% |
| 51 | Raleigh, NC | $1,000 | 0.00% | 1.00% | $1,190 | 0.00% | 8.20% |
| 52 | Jacksonville, FL | $970 | 2.10% | 7.80% | $1,100 | 0.90% | 4.80% |
| 52 | Phoenix, Arizona | $970 | 0.00% | 14.10% | $1,180 | -0.80% | 9.30% |
| 54 | Kansas City, MO | $950 | 0.00% | 11.80% | $1,120 | 1.80% | 14.30% |
| 55 | Boise, ID | $940 | 0.00% | 16.00% | $1,000 | 2.00% | 8.70% |
| 56 | Las Vegas, Nevada | $930 | 0.00% | 14.80% | $1,130 | -1.70% | 15.30% |
| 57 | Milwaukee, WI | $920 | 1.10% | 15.00% | $1,100 | -0.90% | 17.00% |
| 58 | Anchorage, AK | $910 | 1.10% | 4.60% | $1,140 | 3.60% | -0.90% |
| 58 | Fresno, CA | $910 | 2.20% | 11.00% | $1,080 | -4.40% | 9.10% |
| 58 | San Antonio, TX | $910 | 0.00% | 8.30% | $1,170 | 0.90% | 13.60% |
| 61 | Colorado Springs, CO | $900 | 1.10% | 8.40% | $1,120 | 0.00% | 4.70% |
| 62 | Louisville, KY | $880 | 2.30% | 6.00% | $1,000 | 2.00% | 12.40% |
| 62 | Mesa, AZ | $880 | -2.20% | 8.60% | $1,010 | -1.90% | 6.30% |
| 64 | Corpus Christi, TX | $860 | -3.40% | 2.40% | $1,080 | 0.90% | 3.80% |
| 64 | Des Moines, IA | $860 | 0.00% | 8.90% | $920 | -1.10% | 7.00% |
| 66 | Baton Rouge, LA | $840 | 1.20% | 6.30% | $940 | 3.30% | 5.60% |
| 66 | Omaha, NE | $840 | -1.20% | 6.30% | $1,110 | 0.90% | 13.30% |
| 68 | Laredo, TX | $830 | 0.00% | 15.30% | $990 | 0.00% | 16.50% |
| 68 | Reno, NV | $830 | -1.20% | 12.20% | $1,220 | 0.00% | 16.20% |
| 68 | Rochester, NY | $830 | -1.20% | 15.30% | $1,000 | -2.00% | 14.90% |
| 68 | Syracuse, NY | $830 | -4.60% | 0.00% | $1,060 | -5.40% | 11.60% |
| 72 | Knoxville, TN | $820 | -1.20% | 15.50% | $930 | 1.10% | 16.30% |
| 72 | Norfolk, VA | $820 | 0.00% | 15.50% | $950 | -5.00% | 5.60% |
| 74 | Arlington, TX | $810 | 0.00% | 15.70% | $1,090 | 0.90% | 16.00% |
| 75 | Cincinnati, OH | $800 | -1.20% | 15.90% | $1,080 | -2.70% | 14.90% |
| 75 | Columbus, Ohio | $800 | 2.60% | 14.30% | $1,050 | -0.90% | 15.40% |
| 75 | Winston Salem, NC | $800 | 5.30% | 15.90% | $840 | 0.00% | 15.10% |
| 78 | St Louis, MO | $790 | -1.30% | 16.20% | $1,130 | -3.40% | 16.50% |
| 79 | Cleveland, OH | $780 | -2.50% | 16.40% | $880 | -2.20% | 15.80% |
| 80 | Chattanooga, TN | $770 | 0.00% | 8.50% | $810 | 0.00% | 8.00% |
| 80 | Glendale, AZ | $770 | 0.00% | 14.90% | $1,000 | -2.90% | 12.40% |
| 82 | Bakersfield, CA | $760 | -2.60% | 11.80% | $890 | 0.00% | 1.10% |
| 83 | Lexington, KY | $750 | -5.10% | -5.10% | $910 | -3.20% | -2.20% |
| 83 | Memphis, TN | $750 | 1.40% | 13.60% | $800 | 2.60% | 14.30% |
| 85 | Spokane, WA | $740 | -2.60% | 13.80% | $900 | -4.30% | 9.80% |
| 86 | Greensboro, NC | $730 | 0.00% | 10.60% | $820 | -2.40% | -2.40% |
| 86 | Tallahassee, FL | $730 | 0.00% | 15.90% | $860 | 1.20% | 7.50% |
| 88 | Oklahoma City, OK | $720 | 1.40% | 14.30% | $860 | 2.40% | 10.30% |
| 89 | Augusta, GA | $710 | -1.40% | 9.20% | $830 | 0.00% | 5.10% |
| 89 | Lincoln, NE | $710 | -2.70% | 10.90% | $960 | 0.00% | 15.70% |
| 91 | Albuquerque, NM | $670 | 3.10% | 6.30% | $830 | -1.20% | 3.80% |
| 91 | Indianapolis, IN | $670 | -1.50% | 13.60% | $800 | -1.20% | 15.90% |
| 93 | Shreveport, LA | $640 | 0.00% | 12.30% | $720 | -2.70% | 10.80% |
| 94 | Detroit, MI | $630 | 5.00% | 14.50% | $720 | 4.30% | 14.30% |
| 94 | El Paso, TX | $630 | 0.00% | 1.60% | $770 | 1.30% | 4.10% |
| 94 | Tucson, AZ | $630 | 0.00% | -3.10% | $850 | 0.00% | 0.00% |
| 94 | Tulsa, OK | $630 | 3.30% | 6.80% | $780 | 1.30% | 5.40% |
| 98 | Lubbock, TX | $620 | 3.30% | 12.70% | $770 | -1.30% | 2.70% |
| 99 | Wichita, KS | $600 | -1.60% | 13.20% | $770 | 2.70% | 16.70% |
| 100 | Akron, OH | $540 | -5.30% | 0.00% | $740 | -1.30% | 12.10% |
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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