Rent Inflation in the United States decreased to 3.90 percent in May from 4 percent in April of 2025. This dataset includes a chart with historical data for the United States Rent Inflation.

VITAL SIGNS INDICATOR List Rents (EC9)

FULL MEASURE NAME List Rents

LAST UPDATED October 2016

DESCRIPTION List rent refers to the advertised rents for available rental housing and serves as a measure of housing costs for new households moving into a neighborhood, city, county or region.

DATA SOURCE real Answers (1994 – 2015) no link

Zillow Metro Median Listing Price All Homes (2010-2016) http://www.zillow.com/research/data/

CONTACT INFORMATION vitalsigns.info@mtc.ca.gov

METHODOLOGY NOTES (across all datasets for this indicator) List rents data reflects median rent prices advertised for available apartments rather than median rent payments; more information is available in the indicator definition above. Regional and local geographies rely on data collected by real Answers, a research organization and database publisher specializing in the multifamily housing market. real Answers focuses on collecting longitudinal data for individual rental properties through quarterly surveys. For the Bay Area, their database is comprised of properties with 40 to 3,000+ housing units. Median list prices most likely have an upward bias due to the exclusion of smaller properties. The bias may be most extreme in geographies where large rental properties represent a small portion of the overall rental market. A map of the individual properties surveyed is included in the Local Focus section.

Individual properties surveyed provided lower- and upper-bound ranges for the various types of housing available (studio, 1 bedroom, 2 bedroom, etc.). Median lower- and upper-bound prices are determined across all housing types for the regional and county geographies. The median list price represented in Vital Signs is the average of the median lower- and upper-bound prices for the region and counties. Median upper-bound prices are determined across all housing types for the city geographies. The median list price represented in Vital Signs is the median upper-bound price for cities. For simplicity, only the mean list rent is displayed for the individual properties. The metro areas geography rely upon Zillow data, which is the median price for rentals listed through www.zillow.com during the month. Like the real Answers data, Zillow's median list prices most likely have an upward bias since small properties are underrepresented in Zillow's listings. The metro area data for the Bay Area cannot be compared to the regional Bay Area data. Due to afore mentioned data limitations, this data is suitable for analyzing the change in list rents over time but not necessarily comparisons of absolute list rents. Metro area boundaries reflects today’s metro area definitions by county for consistency, rather than historical metro area boundaries.

Due to the limited number of rental properties surveyed, city-level data is unavailable for Atherton, Belvedere, Brisbane, Calistoga, Clayton, Cloverdale, Cotati, Fairfax, Half Moon Bay, Healdsburg, Hillsborough, Los Altos Hills, Monte Sereno, Moranga, Oakley, Orinda, Portola Valley, Rio Vista, Ross, San Anselmo, San Carlos, Saratoga, Sebastopol, Windsor, Woodside, and Yountville.

Inflation-adjusted data are presented to illustrate how rents have grown relative to overall price increases; that said, the use of the Consumer Price Index does create some challenges given the fact that housing represents a major chunk of consumer goods bundle used to calculate CPI. This reflects a methodological tradeoff between precision and accuracy and is a common concern when working with any commodity that is a major component of CPI itself. Percent change in inflation-adjusted median is calculated with respect to the median price from the fourth quarter or December of the base year.

The Dumpster Rental industry has demonstrated robust performance in recent years, bolstered by growth in the value of residential construction, a hike in consumer spending and an overall boost in corporate profit. However, challenges have surfaced in the form of rising inflation and interest rates, which have led to a drop in overall construction expenditure. Consequently, residential and nonresidential sectors have experienced substantial pressure, resulting in a shift in demand for dumpster rental services. Nonetheless, industry-wide revenue has been increasing at a CAGR of 0.5% over the past five years, including an estimated 3.6% decrease in the current year, and is expected to total $537.7 million in 2023. In the same year, profit is projected to decrease to 11.9%.Dumpster rentals are commonly utilized at temporary sites that generate substantial waste, rendering standard trash bins and pickup trucks inadequate for waste disposal. Construction projects, in particular, benefit from dumpster rentals because of their temporary nature and high volume of waste. Renting a dumpster offers customers the advantage of fewer trips to dispose of waste, thereby enhancing efficiency. Moreover, the dumpster rental industry typically experiences growth in tandem with the overall economy.Investment in manufacturing facilities, private spending on home improvement projects and growth in the value of construction will likely support revenue growth over the next five years. As a result, industry revenue is expected to increase at a CAGR of 2.2% over the next five years, reaching $598.6 million in 2028.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

In 2024, the average annual inflation rate in China ranged at around 0.2 percent compared to the previous year. For 2025, projections by the IMF expect slightly negative inflation. The monthly inflation rate in China dropped to negative values in the first quarter of 2025. Calculation of inflation The inflation rate is calculated based on the Consumer Price Index (CPI) for China. The CPI is computed using a product basket that contains a predefined range of products and services on which the average consumer spends money throughout the year. Included are expenses for groceries, clothes, rent, power, telecommunications, recreational activities, and raw materials (e.g. gas, oil), as well as federal fees and taxes. The product basked is adjusted every five years to reflect changes in consumer preference and has been updated in 2020 for the last time. The inflation rate is then calculated using changes in the CPI. As the inflation of a country is seen as a key economic indicator, it is frequently used for international comparison. China's inflation in comparison Among the main industrialized and emerging economies worldwide, China displayed comparatively low inflation in 2023 and 2024. In previous years, China's inflation ranged marginally above the inflation rates of established industrialized powerhouses such as the United States or the European Union. However, this changed in 2021, as inflation rates in developed countries rose quickly, while prices in China only increased moderately. According to IMF estimates for 2024, Zimbabwe was expected to be the country with the highest inflation rate, with a consumer price increase of about 561 percent compared to 2023. In 2023, Turkmenistan had the lowest price increase worldwide with prices actually decreasing by about 1.7 percent.

The statistic shows the inflation rate in India from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2024, the inflation rate in India was around 4.67 percent compared to the previous year. See figures on India's economic growth for additional information. India's inflation rate and economy Inflation is generally defined as the increase of prices of goods and services over a certain period of time, as opposed to deflation, which describes a decrease of these prices. Inflation is a significant economic indicator for a country. The inflation rate is the rate at which the general rise in the level of prices, goods and services in an economy occurs and how it affects the cost of living of those living in a particular country. It influences the interest rates paid on savings and mortgage rates but also has a bearing on levels of state pensions and benefits received. A 4 percent increase in the rate of inflation in 2011 for example would mean an individual would need to spend 4 percent more on the goods he was purchasing than he would have done in 2010. India’s inflation rate has been on the rise over the last decade. However, it has been decreasing slightly since 2010. India’s economy, however, has been doing quite well, with its GDP increasing steadily for years, and its national debt decreasing. The budget balance in relation to GDP is not looking too good, with the state deficit amounting to more than 9 percent of GDP.

In February 2025, based on preliminary figures, consumer prices in Germany increased by 2.3 percent compared to the same month of the previous year. The inflation rate is calculated using the price increase of a product basket defined by the German Federal Statistical Office. This product basket contains services and products, on which the average consumer spends money throughout the year. This includes expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (i.e. gas, oil), as well as federal fees and taxes.The term inflation means the devaluation of money caused by the increase of the price level of products (consumer goods, investment goods). The Consumer Price Index shows the price trends for private consumption expenses and shows the current inflation level when increasing.

The statistic shows the inflation rate in Spain from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2023, the average inflation rate in Spain increased by about 3.4 percent compared to the previous year. Inflation in Spain As explained briefly above, inflation is commonly defined as the level of prices for goods and services in a country’s economy over a certain time span. It increases when the total money supply of a country increases, causing the money’s value to decrease, and prices to increase again in turn. Nowadays the term “inflation” is used more or less synonymously with “price level increase”. Its opposite is deflation, which, in short, means a decrease of the price level. Spain and its economy have been severely affected by the financial crisis of 2008 (as can be seen above), when the real estate bubble imploded and caused the demand for goods and services to decrease and the unemployment rate in Spain to increase dramatically. Even though deflation only occurred for one year in 2009 and the price level has been increasing since, Spain’s economy still has a long way to go until full recovery. Apart from the inflation rate and the unemployment rate, gross domestic product / GDP growth in Spain and the trade balance of goods in Spain, i.e. the exports of goods minus the imports, are additional indicators of Spain’s desolate condition during the economic crisis and its slow and difficult recovery ever since. Still, there is a silver lining for Spain’s economy. All in all, things seems to be improving economically, albeit slowly; many key indicators are starting to stabilize or even pick up again, while others still have some recovering to do.

The statistic shows the average inflation rate in Canada from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2022, the average inflation rate in Canada was approximately 6.8 percent compared to the previous year. For comparison, inflation in India amounted to 5.56 percent that same year. Inflation in Canada In general, the inflation rate in Canada follows a global trend of decreasing inflation rates since 2011, with the lowest slump expected to occur during 2015, but forecasts show an increase over the following few years. Additionally, Canada's inflation rate is in quite good shape compared to the rest of the world. While oil and gas prices have dropped in Canada much like they have around the world, food and housing prices in Canada have been increasing. This has helped to offset some of the impact of dropping oil and gas prices and the effect this has had on Canada´s inflation rate. The annual consumer price index of food and non-alcoholic beverages in Canada has been steadily increasing over the last decade. The same is true for housing and other price indexes for the country. In general there is some confidence that the inflation rate will not stay this low for long, it is expected to return to a comfortable 2 percent by 2017 if estimates are correct.

The statistic shows the inflation rate in France from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities, and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2024, the inflation rate in France was at about 2.32 percent compared to the previous year. The economy of France France is among the top six countries with the largest gross domestic product worldwide, behind the United Kingdom, Germany, Japan, China, and the United States. It is thus one of the leading economies worldwide. Its economy mostly relies on the services sector with almost 80 percent, agriculture making up only 1 percent of the economy and the industry sector the rest. These three sectors are typically seen as the main pillars of a country’s economy. France is also among the leading exporting countries worldwide and the leading importing countries worldwide. Both France’s exports and imports have increased over the last few years. Its trade balance (a country’s exports minus its imports) has been decreasing significantly over the last decade, which means the value of France’s exports was considerably lower than the value of its imports. France’s main exports include wine, meat, and other food products. Its main imports are manufactured goods, among other products. As for the national finances, the national debt of France has been rising steadily and it is thus counted among the countries with the highest public debt, albeit lower in the ranking. Nevertheless, the standard of living in France is quite high, its life expectancy is among the highest in the world, and the employment rate has been steady, or even rising slightly, since 2009.