The top 10 markets saw a mixture of growth rates in this report. New York City and Washington D.C. were both on upward year-ver-year trends: New York City one bedroom rent was up nearly 8%, while D.C. two bedroom rent was up over 15%. On the flip side, cities that had rents down on all fronts, both on a monthly and year over year basis, included Seattle and San Diego.
Meanwhile, St. Louis had the fastest growing rent in the nation last month, up 4.3%, while Providence saw the biggest rental dip, falling 5.2%.
Overall, the national one and two bedroom rents both grew 0.3% last month to settle at medians of $1,220 and $1,464, respectively. On a year to date basis, one bedroom rent was flat while two bedrooms are up 0.7%.
Top Five Rental Markets
1. San Francisco, CA saw one bedroom rent grow 0.6% to $3,520, while two bedrooms increased 1.1% to $4,550.
2. New York, NY one and two bedrooms both had relatively flat monthly growth rates and settled at $3,000 and $3,370, respectively. Notably, on a year over year basis, one bedroom rent is up nearly 8%.
3. Boston, MA one bedroom rent had the largest monthly decline in the top 10 markets, falling 3.5% to $2,500. Two bedrooms, meanwhile, decreased 1% to $2,900.
4. Oakland, CA held on steady as the 4th most expensive city, though one bedroom rent dropped 1.2% to $2,470. Two bedrooms, on the other hand, grew 1.7% to $3,050.
5. San Jose, CA continued to round off the top 5 markets with one bedroom rent decreasing a slight 0.4% to $2,440, while two bedrooms grew 1.7% to $2,960.
Notable Changes This Past Month
Upward
–St. Louis, MO moved up 3 spots in our ranking to become the 71st priciest city with one bedroom rent jumping 4.9%, which was the largest monthly growth rate in the nation, to $860 and two bedrooms increasing 4.3% to $1,200.
–Rochester, NY saw one bedroom rent climb 4.3%, settling at $970, and up 4 positions to rank as the 57th most expensive market. Two bedrooms had a more modest growth rate, up 0.9% to $1,110.
–Houston, TX one bedroom rent grew 3.9% to $1,070, which pushed the city up one ranking to become 47th. Two bedrooms had a slightly larger uptick, increasing 4% to $1,310.
–Chesapeake, VA was catapulted up 8 spots to 37th by its 3.7% monthly one bedroom rental growth rate.
–Plano, TX jumped up 2 positions to 31st with one bedroom rent climbing 3.4% to $1,230.
Downward
–Providence, RI one bedroom rent had the largest monthly decline in the country, dropping 5.2% to $1,270. Two bedrooms had a smaller downturn, decreasing 0.6% to $1,590.
–Pittsburgh, PA fell 4 spots to become the 35th most expensive city with one bedroom rent declining 5% to $1,150 and two bedrooms down 5.1% to $1,310.
–Tulsa, OK saw one bedroom rent drop 1 position to 100th with one bedroom rent decreasing 4.7% to $610 and two bedroom rent falling 2.4% to $810.
–Lubbock, TX took a dip to 98th with one bedroom rent declining 4.6% to $620.
–Shreveport, LA one bedroom rent decreased 4.6% to $620 and moved down 1 ranking to become the 98th priciest.
Full Data
| 1 Bedroom | 2 Bedrooms | ||||||
|---|---|---|---|---|---|---|---|
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
| 1 | San Francisco, CA | $3,520 | 0.60% | -1.70% | $4,550 | 1.10% | -1.90% |
| 2 | New York, NY | $3,000 | 0.00% | 7.90% | $3,370 | -0.60% | 5.30% |
| 3 | Boston, MA | $2,500 | -3.50% | 3.30% | $2,900 | -1.00% | 5.80% |
| 4 | Oakland, CA | $2,470 | -1.20% | 4.20% | $3,050 | 1.70% | 6.60% |
| 5 | San Jose, CA | $2,440 | -0.40% | -3.60% | $2,960 | 1.70% | -2.30% |
| 6 | Washington, DC | $2,300 | 1.80% | 8.00% | $3,050 | 0.30% | 15.10% |
| 7 | Los Angeles, CA | $2,260 | 0.00% | -5.80% | $3,030 | -1.00% | -5.30% |
| 8 | Seattle, WA | $1,830 | -3.20% | -5.70% | $2,270 | -3.00% | -12.70% |
| 9 | Miami, FL | $1,760 | 1.10% | 0.00% | $2,280 | 1.30% | -5.00% |
| 10 | San Diego, CA | $1,750 | -2.20% | -8.40% | $2,350 | -1.70% | -4.50% |
| 11 | Fort Lauderdale, FL | $1,640 | 1.90% | 0.00% | $2,180 | -0.50% | 9.00% |
| 11 | Santa Ana, CA | $1,640 | 1.90% | -7.90% | $2,100 | -0.50% | -3.70% |
| 13 | Anaheim, CA | $1,600 | -2.40% | -6.40% | $2,000 | -0.50% | -8.30% |
| 13 | Long Beach, CA | $1,600 | 0.00% | -4.20% | $2,000 | 0.00% | -5.20% |
| 15 | Honolulu, HI | $1,580 | -1.30% | -5.40% | $2,100 | -2.30% | 0.00% |
| 16 | Chicago, IL | $1,520 | 2.00% | -3.20% | $1,730 | 1.80% | -8.50% |
| 17 | Denver, CO | $1,510 | -1.90% | 0.00% | $1,950 | -1.50% | 1.00% |
| 18 | Scottsdale, AZ | $1,460 | -2.00% | 5.00% | $2,190 | 4.30% | 14.70% |
| 19 | Philadelphia, PA | $1,450 | -3.30% | 4.30% | $1,650 | 0.60% | -5.20% |
| 20 | Atlanta, GA | $1,430 | 0.70% | -4.00% | $1,820 | 1.70% | -3.20% |
| 21 | Nashville, TN | $1,410 | 2.20% | 5.20% | $1,450 | 3.60% | 3.60% |
| 22 | Minneapolis, MN | $1,400 | 0.70% | 0.00% | $1,750 | -2.80% | -9.30% |
| 22 | New Orleans, LA | $1,400 | -0.70% | -2.10% | $1,580 | -3.10% | 3.30% |
| 22 | Portland, OR | $1,400 | 2.90% | 2.20% | $1,660 | -2.40% | -2.40% |
| 25 | Newark, NJ | $1,330 | 0.00% | 15.70% | $1,510 | -3.20% | 15.30% |
| 26 | Sacramento, CA | $1,300 | 0.80% | 2.40% | $1,500 | 2.70% | 4.20% |
| 27 | Providence, RI | $1,270 | -5.20% | -14.80% | $1,590 | -0.60% | 1.90% |
| 28 | Gilbert, AZ | $1,260 | 1.60% | 11.50% | $1,450 | 0.00% | 7.40% |
| 29 | Orlando, FL | $1,250 | -0.80% | -3.10% | $1,390 | -2.80% | -5.40% |
| 30 | Austin, TX | $1,240 | 0.80% | 6.00% | $1,520 | 0.00% | 4.10% |
| 31 | Plano, TX | $1,230 | 3.40% | 8.80% | $1,600 | 0.00% | 6.70% |
| 32 | Chandler, AZ | $1,220 | 0.80% | 6.10% | $1,400 | -2.10% | 2.20% |
| 33 | Charlotte, NC | $1,160 | 0.00% | 0.00% | $1,280 | 0.00% | -2.30% |
| 33 | Dallas, TX | $1,160 | 0.00% | -7.20% | $1,580 | -0.60% | -4.20% |
| 35 | Baltimore, MD | $1,150 | -2.50% | -14.80% | $1,400 | -0.70% | -11.90% |
| 35 | Pittsburgh, PA | $1,150 | -5.00% | 0.00% | $1,310 | -5.10% | -0.80% |
| 37 | Buffalo, NY | $1,130 | -0.90% | 14.10% | $1,360 | 0.00% | 15.30% |
| 37 | Chesapeake, VA | $1,130 | 3.70% | 14.10% | $1,200 | -0.80% | -4.00% |
| 37 | Henderson, NV | $1,130 | -0.90% | 4.60% | $1,350 | 0.00% | 5.50% |
| 37 | Madison, WI | $1,130 | -1.70% | -7.40% | $1,310 | -0.80% | -10.30% |
| 37 | Salt Lake City, UT | $1,130 | -1.70% | 5.60% | $1,350 | -2.90% | -4.90% |
| 42 | Milwaukee, WI | $1,120 | 0.00% | 15.50% | $1,170 | 0.00% | 14.70% |
| 43 | Tampa, FL | $1,110 | -1.80% | -2.60% | $1,340 | 0.80% | 0.00% |
| 44 | Irving, TX | $1,100 | 0.90% | -4.30% | $1,430 | 0.70% | -4.00% |
| 44 | Richmond, VA | $1,100 | -1.80% | 3.80% | $1,320 | -2.90% | 6.50% |
| 46 | Aurora, CO | $1,080 | -1.80% | -9.20% | $1,410 | 0.00% | -2.80% |
| 47 | Houston, TX | $1,070 | 3.90% | -7.00% | $1,310 | 4.00% | -7.10% |
| 48 | Reno, NV | $1,030 | -1.00% | 7.30% | $1,300 | 3.20% | -0.80% |
| 49 | St Petersburg, FL | $1,020 | 1.00% | -9.70% | $1,440 | 5.10% | -4.60% |
| 50 | Boise, ID | $1,000 | 0.00% | 4.20% | $1,160 | 1.80% | 5.50% |
| 50 | Fresno, CA | $1,000 | 1.00% | 0.00% | $1,200 | 0.00% | 5.30% |
| 50 | Raleigh, NC | $1,000 | 0.00% | 0.00% | $1,190 | -0.80% | 3.50% |
| 50 | Virginia Beach, VA | $1,000 | 0.00% | 0.00% | $1,190 | 0.80% | -0.80% |
| 54 | Colorado Springs, CO | $990 | -1.00% | 4.20% | $1,220 | 0.00% | 9.90% |
| 54 | Durham, NC | $990 | -2.90% | -10.80% | $1,130 | 0.00% | -11.00% |
| 56 | Fort Worth, TX | $980 | -3.90% | -10.90% | $1,260 | 0.80% | 2.40% |
| 57 | Phoenix, AZ | $970 | -1.00% | 2.10% | $1,230 | -0.80% | 5.10% |
| 57 | Rochester, NY | $970 | 4.30% | 15.50% | $1,110 | 0.90% | 13.30% |
| 59 | Cleveland, OH | $940 | 0.00% | 16.00% | $1,000 | 0.00% | 14.90% |
| 59 | Las Vegas, NV | $940 | -1.10% | -5.10% | $1,150 | -0.90% | 0.00% |
| 61 | Mesa, AZ | $920 | 2.20% | 5.70% | $1,150 | 3.60% | 12.70% |
| 61 | Norfolk, VA | $920 | 0.00% | 15.00% | $1,000 | 4.20% | 1.00% |
| 63 | Anchorage, AK | $910 | 1.10% | 2.20% | $1,100 | 0.00% | 0.00% |
| 63 | Kansas City, MO | $910 | -3.20% | -3.20% | $1,010 | -1.00% | -3.80% |
| 65 | Chattanooga, TN | $900 | 0.00% | 15.40% | $1,000 | -2.90% | 12.40% |
| 65 | Cincinnati, OH | $900 | 0.00% | 15.40% | $1,110 | -5.10% | -0.90% |
| 67 | Glendale, AZ | $890 | -4.30% | 4.70% | $1,060 | 0.00% | 7.10% |
| 67 | Jacksonville, FL | $890 | -1.10% | -8.20% | $1,000 | -2.00% | -7.40% |
| 69 | Des Moines, IA | $880 | 2.30% | 8.60% | $920 | 2.20% | 7.00% |
| 70 | Arlington, TX | $870 | 1.20% | 6.10% | $1,100 | 0.00% | 0.90% |
| 71 | San Antonio, TX | $860 | -2.30% | -4.40% | $1,090 | -0.90% | -5.20% |
| 71 | St Louis, MO | $860 | 4.90% | 8.90% | $1,200 | 4.30% | 4.30% |
| 73 | Louisville, KY | $840 | 1.20% | -4.50% | $900 | -3.20% | -14.30% |
| 74 | Corpus Christi, TX | $830 | 1.20% | -4.60% | $1,040 | 0.00% | -5.50% |
| 74 | Tallahassee, FL | $830 | 0.00% | 9.20% | $900 | 0.00% | 2.30% |
| 76 | Indianapolis, IN | $820 | 0.00% | 9.30% | $890 | -1.10% | 9.90% |
| 77 | Columbus, OH | $810 | 1.30% | 15.70% | $1,050 | 0.00% | -1.90% |
| 77 | Knoxville, TN | $810 | 0.00% | 0.00% | $950 | 1.10% | 5.60% |
| 77 | Lincoln, NE | $810 | 0.00% | 15.70% | $930 | 1.10% | 0.00% |
| 77 | Omaha, NE | $810 | 1.30% | -2.40% | $1,000 | 0.00% | -4.80% |
| 81 | Bakersfield, CA | $800 | -1.20% | 12.70% | $980 | 5.40% | 8.90% |
| 81 | Syracuse, NY | $800 | -1.20% | -14.90% | $950 | -5.00% | -5.00% |
| 81 | Winston Salem, NC | $800 | 0.00% | 2.60% | $810 | -2.40% | -3.60% |
| 84 | Spokane, WA | $770 | 1.30% | 2.70% | $1,010 | -1.90% | 7.40% |
| 85 | Oklahoma City, OK | $760 | 0.00% | 2.70% | $900 | 1.10% | 3.40% |
| 86 | Augusta, GA | $750 | 0.00% | 0.00% | $830 | -1.20% | 3.80% |
| 86 | Baton Rouge, LA | $750 | -1.30% | -9.60% | $880 | 0.00% | -6.40% |
| 86 | Memphis, TN | $750 | -2.60% | 1.40% | $790 | -2.50% | -1.30% |
| 89 | Lexington, KY | $740 | 1.40% | -5.10% | $930 | -2.10% | -5.10% |
| 90 | Greensboro, NC | $730 | 1.40% | 1.40% | $830 | 2.50% | 1.20% |
| 91 | Detroit, MI | $710 | -1.40% | 14.50% | $800 | -2.40% | 9.60% |
| 91 | Laredo, TX | $710 | 0.00% | -14.50% | $930 | -2.10% | 2.20% |
| 93 | Albuquerque, NM | $700 | 0.00% | 6.10% | $850 | 2.40% | 2.40% |
| 94 | Tucson, AZ | $680 | 1.50% | 6.30% | $880 | 1.10% | 3.50% |
| 94 | Wichita, KS | $680 | 1.50% | 11.50% | $730 | 4.30% | -1.40% |
| 96 | El Paso, TX | $660 | -1.50% | 6.50% | $790 | -1.30% | 1.30% |
| 97 | Akron, OH | $640 | 3.20% | 14.30% | $710 | 1.40% | -4.10% |
| 98 | Lubbock, TX | $620 | -4.60% | -1.60% | $800 | 0.00% | 6.70% |
| 98 | Shreveport, LA | $620 | -4.60% | -1.60% | $710 | 1.40% | 1.40% |
| 100 | Tulsa, OK | $610 | -4.70% | -4.70% | $810 | -2.40% | 1.30% |
About
The Zumper National Rent Report analyzes 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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