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 January 2025, the monthly rent for a two-bedroom apartment amounting to 1,356 U.S. dollars. That was an increase from 1,136 U.S. dollars in January 2021 but a decline from the peak value of 1,427 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 42 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 January 2025. In West Virginia, the annual rental growth was the highest, at seven percent.

Residential real estate rents in France declined slightly in 2023. Bedrooms for rent and houses made an exception, with the average rent for a bedroom rising to 453 euros per month, and the average rent for a house rising to 1,044 euros per month. A two-room apartment in 2023 cost on average 555 euros, down from 725 euros in 2022.

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 Feb 2025 about primary, rent, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

In the first quarter of 2024, Amsterdam was the most expensive city to rent a furnished one-bedroom apartment among the 23 leading European cities surveyed. At 2,300 euros per month, rent in Amsterdam was more than twice as high as in Brussels. Amsterdam was also the most expensive city to rent a private room.One of the main factors driving high rents across European cities is the same as any other consumer-driven business. If demand outweighs supply, prices will inflate. The drive for high paid professionals to be located centrally in prime locations, mixed with the low levels of available space, high land, and construction costs, all help keep rental prices increasing.

Rents for unfurnished housing in the Netherlands reached an all-time high in 2023. In the third quarter of the year, the average square meter rent for residential properties reached 17.77 euros, up from 16.9 euros during the same period in 2022. Note that the numbers shown in this statistic are not from a governmental institution, but concern rental housing being offered on the website of the source in the specific quarters. This implies the numbers only show rents of property on the free market and exclude social housing. No difference was made between the type of rental housing, such as houses, apartments, rooms or studios. Big cities well above the average rent price Cities in the Randstad area (the areas surrounding Amsterdam, The Hague, Utrecht and Rotterdam) have a big influence on the average rental price in the Netherlands. This is especially true for Amsterdam, as the Dutch capital registered an average rent price of roughly 26 euros per square meter in 2023. The Hague and Rotterdam, on the other hand, had rental rates below the national average. Are these rents expensive or not? A historical development of rent price indices suggests that rents in the Netherlands are at their highest level since 1990. This graph, however, does not mention whether it has a correction for inflation or not. It is unclear whether any institution researched the development of “real” rent prices in the Netherlands. Statista can offer two components for a potential comparison: the annual housing rent percentage increase since 1990 as well as the inflation rate of the Netherland since 2008.

Rents in Germany continued to increase in all seven major cities in 2024. The average rent per square meter in Munich was approximately 19.8 euros — the highest in the country. Conversely, Düsseldorf had the most affordable rent, at approximately 13.1 euros per square meter. But how does renting compare to buying? According to the house price to rent ratio, house prices in Germany have risen faster than rents, making renting more affordable than buying. Affordability of housing in Germany In 2023, Germany was among the European countries with a relatively high house price to income ratio in Europe. The indicator compares the affordability of housing across OECD countries and is calculated as the nominal house prices divided by nominal disposable income per head, with 2015 chosen as a base year. Between 2012 and 2022, property prices in the country rose much faster than income, with the house price to income index peaking at 138 index points at the beginning of 2022. Slower house price growth in the following years has led to the index declining, as incomes catch up. Nevertheless, homebuyers in 2024 faced significantly higher mortgage interest rates, contributing to a higher final cost. How much does buying a property in Germany cost? Just as with renting, Munich was the most expensive city for newly built apartments. In 2024, the cost per square meter in Munich was almost 2,800 euros pricier than in the runner-up city, Frankfurt. Detached and semi-detached houses are usually more expensive. The price gap between Munich and the second most expensive city, Stuttgart, was nearly 4,000 euros per square meter.

This table contains data described by the following dimensions (Not all combinations are available): Geography (247 items: Carbonear; Newfoundland and Labrador; Corner Brook; Newfoundland and Labrador; Grand Falls-Windsor; Newfoundland and Labrador; Gander; Newfoundland and Labrador ...), Type of structure (4 items: Apartment structures of three units and over; Apartment structures of six units and over; Row and apartment structures of three units and over; Row structures of three units and over ...), Type of unit (4 items: Two bedroom units; Three bedroom units; One bedroom units; Bachelor units ...).

Rent Inflation in the United States decreased to 4.20 percent in February from 4.40 percent in January of 2025. This dataset includes a chart with historical data for the United States Rent Inflation.

Mexico Ave Qtrly HH Income: Estimate of Housing Rent data was reported at 5,247.000 MXN in 2016. Mexico Ave Qtrly HH Income: Estimate of Housing Rent data is updated yearly, averaging 5,247.000 MXN from Dec 2016 (Median) to 2016, with 1 observations. Mexico Ave Qtrly HH Income: Estimate of Housing Rent data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.H012: Average Quarterly Household Income.

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 Aosta Valley region had the highest average rent for residential real estate in Italy in 2023. In October that year, the square meter rent in Aosta Valley amounted to 20.6 euros, almost eight euros above the national average. The regions of Lombardy and Tuscany followed with an average price amounting to 17.7 and 16.3 euros per square meter respectively. The average rent in Italy has increased notably since before the COVID-19 pandemic, when it was below 10 euros per square meter.

Knowledge of the level of rents is important to ensure the proper functioning of the rental market and the conduct of national and local housing policies. In 2018, the Directorate-General for Planning, Housing and Nature (DGALN) launched the “rent map” project by partnering with a research team in economics from Agrosup Dijon and the Institut national de la recherche en agronomique (INRAE) and SeLoger and leboncoin. In 2020, the project was taken over by the National Agency for Housing Information (ANIL), which published, in 2022 and 2023, new versions of the map. This innovative partnership has made it possible to rebuild a database with 8 million rental ads. Based on these data, the research team and ANIL have developed a methodology for estimating indicators, at the municipal level, of rent (including charges) per m² for apartments and houses. These experimental indicators are put online in order to be usable by all: State services, local authorities, real estate professionals, private landlords and tenants. Starting in 2022, the maps are updated and published annually by ANIL. This project provides additional information to that offered by the Local Observatories of Homes (OLL), deployed since 2013 and reinforced since 2018 by the Elan Law. Today, this associative network of about thirty OLL publishes each year precise information on rents charged in about fifty French agglomerations. Presentation of the dataset The data disseminated are indicators of ad rents, at the municipal level. The field covered is the entire France, outside of Mayotte. The geography of the municipalities is the one in force on January 1, 2023. Rent indicators are calculated through the use of ad data published on the Leboncoin and SeLoger Group platforms over the period 2018-2023. Rent indicators are provided inclusive of standard leased property leased empty and leased in Q3 2023 with the following reference characteristics: — For an apartment (all types): area of 52 m² and average area per room of 22.2 m² — For apartment type T1-T2: area of 37 m² and average area per room of 23.0 m² — For apartment type T3 and more: area of 72 m² and average area per room of 21.2 m² — For a house: surface area of 92 m² and average area per room of 22.4 m² Conditions for use of data These indicators are freely usable, provided that the source is mentioned in the following form: “Anil estimates, based on data from the SeLoger Group and leboncoin”. Precautions for use The rent indicators are calculated charges included, on unfurnished ad data. The data were duplicated but without being able to rely on highly discriminatory photos and features. The mesh size method implies, for municipalities without rented accommodation via an advertisement on at least one of the two platforms over the period in question, that the rent indicator is that estimated for a larger mesh comprising neighbouring municipalities with similar characteristics. Users are advised to consider with caution rent indicators in municipalities where the coefficient of determination (R2) is less than 0.5, the number of observations in the municipality is less than 30 or the prediction interval is very wide. Moreover, compared to the previous version of the indicators published in 2022, this new map makes it possible to compare rents only in cases where indicators are calculated at municipal level in both 2022 and 2023.

In December 2024, the average rental price of apartments of all sizes in Poland was the highest in the capital, Warsaw. Warsaw was the only city where the average rent for a flat of 0-40 m2 reached nearly 3,000 zloty, and the rent for an apartment of 60-90 m2 exceeded 5,800 zloty.

India Consumer Price Index (CPI): Housing: Weights: House Rent, Garage Rent data was reported at 9.510 % in Oct 2018. This stayed constant from the previous number of 9.510 % for Sep 2018. India Consumer Price Index (CPI): Housing: Weights: House Rent, Garage Rent data is updated monthly, averaging 9.510 % from Jan 2014 (Median) to Oct 2018, with 58 observations. The data reached an all-time high of 9.510 % in Oct 2018 and a record low of 9.510 % in Oct 2018. India Consumer Price Index (CPI): Housing: Weights: House Rent, Garage Rent data remains active status in CEIC and is reported by Central Statistics Office. The data is categorized under India Premium Database’s Inflation – Table IN.IA014: Consumer Price Index: 2012=100: Housing: Weights.

Displacement risk indicator classifying census tracts according to apartment rent prices in census tracts. We classify apartment rent along two dimensions:The median rents within the census tract for the specified year, balancing between nominal rental price and rental price per square foot.The change in median rent price (again balanced between nominal rent price and price per square foot) from the previous year.Note: Median rent calculations include market-rate and mixed-income multifamily apartment properties with 5 or more rental units in Seattle, excluding special types like student, senior, corporate or military housing.Source: Data from CoStar Group, www.costar.com, prepared by City of Seattle, Office of Planning and Community Development

VITAL SIGNS INDICATOR Rent Payments (EC8)

FULL MEASURE NAME Median rent payment

LAST UPDATED September 2016

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 1970-2000 https://nhgis.org Note: Count 1 and Count 2; Form STF1; Form SF3a

U.S. Census Bureau: American Community Survey 2005-2015 http://api.census.gov Note: Form B25058; 1-YR

Bureau of Labor Statistics: Consumer Price Index 1970-2015 http://data.bls.gov Note: All Urban Consumers Data Table (by metro)

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). Larger geographies (metro and county) rely upon ACS 1-year data, while smaller geographies rely upon ACS 5-year rolling average data. 1970 Census data for median rent payments has been imputed by ABAG staff 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 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 2,000 U.S. dollars in December 2023. In Hawaii, the median rent was about 2,200 U.S. dollars, more than 800 U.S. dollars higher than the national average. At the other end of the spectrum was Nebraska, when renters paid about 1,100 U.S. dollars for the median new lease. Overall, most states saw rental rates increase year-on-year.

Turkey TR: Rent Price Index: sa data was reported at 1,275.990 2015=100 in Mar 2025. This records an increase from the previous number of 1,113.619 2015=100 for Dec 2024. Turkey TR: Rent Price Index: sa data is updated quarterly, averaging 30.185 2015=100 from Mar 1982 (Median) to Mar 2025, with 173 observations. The data reached an all-time high of 1,275.990 2015=100 in Mar 2025 and a record low of 0.002 2015=100 in Mar 1982. Turkey TR: Rent Price Index: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Turkey – Table TR.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Quarterly.

This chart shows the monthly housing cost expenses for renters. Gross rent is the agreed upon rent plus the estimated average monthly cost of utilities (electricity, gas, and water and sewer) and fuels (oil, coal, kerosene, wood, etc.) if these are paid by the renter.

Japan Average Rent: Tokyo: Shibuya-ku data was reported at 22,117.000 JPY/Tsubo in Oct 2018. This records an increase from the previous number of 21,939.000 JPY/Tsubo for Sep 2018. Japan Average Rent: Tokyo: Shibuya-ku data is updated monthly, averaging 19,415.500 JPY/Tsubo from Dec 1990 (Median) to Oct 2018, with 214 observations. The data reached an all-time high of 36,881.000 JPY/Tsubo in Dec 1990 and a record low of 16,904.000 JPY/Tsubo in May 2013. Japan Average Rent: Tokyo: Shibuya-ku data remains active status in CEIC and is reported by Miki Shoji Company Limited. The data is categorized under Global Database’s Japan – Table JP.P007: Office Average Rent: By Region.