The average monthly rent of apartments in Florida increased substantially in 2021, followed by two years of slight decrease. As of ********, the average rent of a two-bedroom apartment in Florida cost ***** U.S. dollars, which was an increase of *** U.S. dollars from ******** when prices started to rise.

The Arlington Profile combines countywide data sources and provides a comprehensive outlook of the most current data on population, housing, employment, development, transportation, and community services. These datasets are used to obtain an understanding of community, plan future services/needs, guide policy decisions, and secure grant funding. A PDF Version of the Arlington Profile can be accessed on the Arlington County website.

The average monthly rent for all apartment types in the U.S. soared in 2021 and 2022, followed by a slight decline in the next two years. In April 2025, the monthly rent for a two-bedroom apartment amounting to ***** U.S. dollars. That was an increase from ***** U.S. dollars in January 2021, but a decline from the peak value of ***** U.S. dollars in August 2022. Where are the most expensive apartments in the U.S.? Apartment rents vary widely from state to state. To afford a two-bedroom apartment in California, for example, a renter needed to earn an average hourly wage of nearly ** U.S. dollars, which was approximately double the average wage in North Carolina and three times as much as the average wage in Arkansas. In fact, rental costs were considerably higher than the hourly minimum wage in all U.S. states. How did rents change in different states in the U.S.? In 2024, some of the most expensive states to rent an apartment only saw a moderate increase in rental prices. Nevertheless, rents increased in most states as of April 2025. In West Virginia, the annual rental growth was the highest, at ***** percent.

The average monthly rent of apartments in California increased substantially 2021, followed by a period of stabilization. In May 2024, the average rent of a two-bedroom apartment cost over ***** U.S. dollars, up from ***** U.S. dollars in December 2020 before rents started to rise. Nevertheless, not all cities saw rents rise at the same pace.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Rent of Primary Residence in U.S. City Average (CUUR0000SEHA) from Dec 1914 to Jun 2025 about primary, rent, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

VITAL SIGNS INDICATOR
Rent Payments (EC8)

FULL MEASURE NAME
Median rent payment

LAST UPDATED
January 2023

DESCRIPTION
Rent payments refer to the cost of leasing an apartment or home and serves as a measure of housing costs for individuals who do not own a home. The data reflect the median monthly rent paid by Bay Area households across apartments and homes of various sizes and various levels of quality. This differs from advertised rents for available apartments, which usually are higher. Note that rent can be presented using nominal or real (inflation-adjusted) dollar values; data are presented inflation-adjusted to reflect changes in household purchasing power over time.

DATA SOURCE
U.S. Census Bureau: Decennial Census - https://nhgis.org
Count 2 (1970)
Form STF1 (1980-1990)
Form SF3a (2000)

U.S. Census Bureau: American Community Survey - https://data.census.gov/
Form B25058 (2005-2021; median contract rent)

Bureau of Labor Statistics: Consumer Price Index - https://www.bls.gov/data/
1970-2021

CONTACT INFORMATION
vitalsigns.info@mtc.ca.gov

METHODOLOGY NOTES (across all datasets for this indicator)
Rent data reflects median rent payments rather than list rents (refer to measure definition above). American Community Survey 1-year data is used for larger geographies – Bay counties and most metropolitan area counties – while smaller geographies rely upon 5-year rolling average data due to their smaller sample sizes. Note that 2020 data uses the 5-year estimates because the ACS did not collect 1-year data for 2020.

1970 Census data for median rent payments has been imputed from quintiles using methodology from California Department of Finance as the source data only provided the mean, rather than the median, monthly rent. Metro area boundaries reflects today’s metro area definitions by county for consistency, rather than historical metro area boundaries.

Inflation-adjusted data are presented to illustrate how rent payments have grown relative to overall price increases; that said, the use of the Consumer Price Index (CPI) 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.

Apartment rents in two states and the District of Columbia in the U.S. exceeded ***** U.S. dollars in April 2025. In Hawaii, the median rent was about ***** U.S. dollars, nearly *** U.S. dollars higher than the national average. At the other end of the spectrum was Nebraska, where renters paid about ***** U.S. dollars for the median new lease. Overall, most states saw rental rates increase year-on-year.

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.

Average Apartment Price: PS: Standard Apartments: NW: Novgorod Region data was reported at 81,272.750 RUB/sq m in Dec 2024. This records a decrease from the previous number of 82,188.990 RUB/sq m for Sep 2024. Average Apartment Price: PS: Standard Apartments: NW: Novgorod Region data is updated quarterly, averaging 36,708.500 RUB/sq m from Mar 2000 (Median) to Dec 2024, with 84 observations. The data reached an all-time high of 82,188.990 RUB/sq m in Sep 2024 and a record low of 3,762.540 RUB/sq m in Dec 2000. Average Apartment Price: PS: Standard Apartments: NW: Novgorod Region data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.EB032: Average Apartment Price: Primary Sales (PS): by Region.

Amsterdam is set to maintain its position as Europe's most expensive city for apartment rentals in 2025, with median costs reaching 2,500 euros per month for a furnished unit. This figure is double the rent in Prague and significantly higher than other major European capitals like Paris, Berlin, and Madrid. The stark difference in rental costs across European cities reflects broader economic trends, housing policies, and the complex interplay between supply and demand in urban centers. Factors driving rental costs across Europe The disparity in rental prices across European cities can be attributed to various factors. In countries like Switzerland, Germany, and Austria, a higher proportion of the population lives in rental housing. This trend contributes to increased demand and potentially higher living costs in these nations. Conversely, many Eastern and Southern European countries have homeownership rates exceeding 90 percent, which may help keep rental prices lower in those regions. Housing affordability and market dynamics The relationship between housing prices and rental rates varies significantly across Europe. As of 2024, countries like Turkey, Iceland, Portugal, and Hungary had the highest house price to rent ratio indices. This indicates a widening gap between property values and rental costs since 2015. The affordability of homeownership versus renting differs greatly among European nations, with some countries experiencing rapid increases in property values that outpace rental growth. These market dynamics influence rental costs and contribute to the diverse rental landscape observed across European cities.

In 2024, New York, NY, was the most expensive rental market for one-bedroom apartments in the United States. The median monthly rental rate of an apartment in New York was ***** U.S. dollars, while in San Francisco, CA which ranked second highest, renters paid on average ***** U.S. dollars.

Rent Inflation in the United States decreased to 3.70 percent in July from 3.80 percent in June of 2025. This dataset includes a chart with historical data for the United States Rent Inflation.

Average Apartment Price: Primary Sale: Moscow data was reported at 352,661.150 RUB/sq m in Dec 2024. This records an increase from the previous number of 345,405.830 RUB/sq m for Sep 2024. Average Apartment Price: Primary Sale: Moscow data is updated quarterly, averaging 142,018.230 RUB/sq m from Mar 2000 (Median) to Dec 2024, with 100 observations. The data reached an all-time high of 374,657.730 RUB/sq m in Dec 2022 and a record low of 15,714.960 RUB/sq m in Jun 2000. Average Apartment Price: Primary Sale: Moscow data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.EF001: Average Apartment Price: Primary Sale.

Average Apartment Price: PS: Standard Apartments: Siberian Federal District (SB) data was reported at 122,261.870 RUB/sq m in Dec 2024. This records an increase from the previous number of 121,644.770 RUB/sq m for Sep 2024. Average Apartment Price: PS: Standard Apartments: Siberian Federal District (SB) data is updated quarterly, averaging 37,521.410 RUB/sq m from Mar 2000 (Median) to Dec 2024, with 100 observations. The data reached an all-time high of 122,261.870 RUB/sq m in Dec 2024 and a record low of 4,395.340 RUB/sq m in Mar 2000. Average Apartment Price: PS: Standard Apartments: Siberian Federal District (SB) data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.EB032: Average Apartment Price: Primary Sales (PS): by Region. In November 2018 Republic of Buryatia and Zabaikalsk Territory have been reassigned from the Siberian Federal District to the Far East Federal District (Presidential decree from 03.11.2018 N632.)

Average Apartment Price: PS: Standard Apartments: SB: Irkutsk Region data was reported at 122,163.910 RUB/sq m in Dec 2024. This records an increase from the previous number of 118,183.290 RUB/sq m for Sep 2024. Average Apartment Price: PS: Standard Apartments: SB: Irkutsk Region data is updated quarterly, averaging 56,580.005 RUB/sq m from Mar 2014 (Median) to Dec 2024, with 44 observations. The data reached an all-time high of 122,163.910 RUB/sq m in Dec 2024 and a record low of 39,392.050 RUB/sq m in Mar 2014. Average Apartment Price: PS: Standard Apartments: SB: Irkutsk Region data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.EB032: Average Apartment Price: Primary Sales (PS): by Region.

Average Apartment Price: SS: Standard Apartments: CF: Belgorod Region data was reported at 75,448.430 RUB/sq m in Dec 2024. This records a decrease from the previous number of 75,790.090 RUB/sq m for Sep 2024. Average Apartment Price: SS: Standard Apartments: CF: Belgorod Region data is updated quarterly, averaging 38,708.385 RUB/sq m from Mar 2000 (Median) to Dec 2024, with 100 observations. The data reached an all-time high of 79,068.880 RUB/sq m in Jun 2022 and a record low of 3,558.330 RUB/sq m in Mar 2000. Average Apartment Price: SS: Standard Apartments: CF: Belgorod Region data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.EF006: Average Apartment Price: by Region: Secondary Sale.

Belarus Average Apartment Price Index: per 1 Square Metre: 2 Rooms data was reported at 98.600 Same Qtr PY=100 in Dec 2021. This records a decrease from the previous number of 99.100 Same Qtr PY=100 for Sep 2021. Belarus Average Apartment Price Index: per 1 Square Metre: 2 Rooms data is updated quarterly, averaging 113.200 Same Qtr PY=100 from Mar 2010 (Median) to Dec 2021, with 48 observations. The data reached an all-time high of 267.300 Same Qtr PY=100 in Mar 2012 and a record low of 86.600 Same Qtr PY=100 in Mar 2017. Belarus Average Apartment Price Index: per 1 Square Metre: 2 Rooms data remains active status in CEIC and is reported by National Statistical Committee of the Republic of Belarus. The data is categorized under Global Database’s Belarus – Table BY.EB007: Average Apartment Price Index.

Average Apartment Price: PS: Standard Apartments: NC: Chechen Republic data was reported at 80,726.280 RUB/sq m in Dec 2024. This records an increase from the previous number of 79,418.520 RUB/sq m for Sep 2024. Average Apartment Price: PS: Standard Apartments: NC: Chechen Republic data is updated quarterly, averaging 41,488.080 RUB/sq m from Mar 2010 (Median) to Dec 2024, with 60 observations. The data reached an all-time high of 80,726.280 RUB/sq m in Dec 2024 and a record low of 12,136.000 RUB/sq m in Dec 2010. Average Apartment Price: PS: Standard Apartments: NC: Chechen Republic data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.EB032: Average Apartment Price: Primary Sales (PS): by Region.

Average Apartment Price: SS: Standard Apartments: FE: Khabarovsk Territory data was reported at 117,006.580 RUB/sq m in Dec 2024. This records an increase from the previous number of 112,156.130 RUB/sq m for Sep 2024. Average Apartment Price: SS: Standard Apartments: FE: Khabarovsk Territory data is updated quarterly, averaging 54,633.215 RUB/sq m from Mar 2000 (Median) to Dec 2024, with 100 observations. The data reached an all-time high of 117,006.580 RUB/sq m in Dec 2024 and a record low of 4,863.690 RUB/sq m in Sep 2000. Average Apartment Price: SS: Standard Apartments: FE: Khabarovsk Territory data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.EF006: Average Apartment Price: by Region: Secondary Sale.

Average Apartment Price: PS: Standard Apartments: CF: Kostroma Region data was reported at 83,728.800 RUB/sq m in Dec 2024. This records a decrease from the previous number of 83,841.060 RUB/sq m for Sep 2024. Average Apartment Price: PS: Standard Apartments: CF: Kostroma Region data is updated quarterly, averaging 27,142.000 RUB/sq m from Mar 2000 (Median) to Dec 2024, with 44 observations. The data reached an all-time high of 85,966.840 RUB/sq m in Jun 2024 and a record low of 4,143.400 RUB/sq m in Mar 2000. Average Apartment Price: PS: Standard Apartments: CF: Kostroma Region data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.EB032: Average Apartment Price: Primary Sales (PS): by Region.