The median monthly rent for all apartment types in the U.S. has stabilized since 2022, despite some seasonal fluctuations. In August 2025, the monthly rent for a two-bedroom apartment amounted 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. This 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 2025, 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 August 2025. In West Virginia, the annual rental growth was the highest, at ***** percent.

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.

Price to Rent Ratio in the United States increased to 134.20 in the fourth quarter of 2024 from 133.60 in the third quarter of 2024. This dataset includes a chart with historical data for the United States Price to Rent Ratio.

The average monthly asking rent for shopping centers in the leading U.S. markets in 2024 ranged between ** and ** U.S. dollars per square foot. In the first quarter of the year, Hawaii had the most expensive rent, at ***** U.S. dollars per square foot. Overall, rents were the highest in the West region.

Rent Inflation in the United States remained unchanged at 3.60 percent in September. This dataset includes a chart with historical data for the United States Rent Inflation.

The average annual rent for manufacturing space in New York City Metro has soared since 2017. In the first quarter of 2024, the rental cost amounted to nearly ***** U.S. dollars per square foot. That was higher than the average rent for manufacturing space in the United States.

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

In California, the estimated fair market rent for a two-bedroom accommodation amounted to ******U.S. dollars in 2025. It was one of the least affordable states in terms of housing that year, as someone would need to earn at least twice the minimum wage to afford a two-bedroom rental unit there.

Graph and download economic data for Rental Vacancy Rate in the United States (RRVRUSQ156N) from Q1 1956 to Q2 2025 about vacancy, rent, rate, and USA.

The house price to rent ratio index in the U.S. declined in the second half of 2022 and remained stable until the end of 2024, indicating that house price growth slowed down compared to rental growth. At its peak, in the second quarter of 2022, the index stood at 140.5. House prices increased dramatically since the coronavirus pandemic. Meanwhile, rents have grown notably, but at a slower rate. What does the house price to rent ratio index measure? The house-price-to-rent-ratio measures the evolution of house prices compared to rents. It is calculated by dividing the median house price by the median annual rent. In this statistic, the values have been normalized with 100 equaling the 2015 ratio. Consequentially, a value under 100 means that rental rates have risen more than house prices. Compared to the OECD countries average, the gap between house prices and rents in the United States was wider. The house price to rent ratio in different countries The house price to rent ratio in the United Kingdom continued to increase in the second half of 2022, but growth softened, as the housing market cooled. On the other hand, the index in Germany fell drastically between the second quarter of 2022 and the second quarter of 2023. A similar trend was observed in France.

Graph and download economic data for Rental Vacancy Rate for the United States (USRVAC) from 1986 to 2024 about vacancy, rent, rate, and USA.

United States - Consumer Price Index for All Urban Consumers: Rent of Primary Residence in U.S. City Average was 424.46700 Index 1982-84=100 in July of 2024, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Consumers: Rent of Primary Residence in U.S. City Average reached a record high of 424.46700 in July of 2024 and a record low of 103.70000 in January of 1984. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Consumers: Rent of Primary Residence in U.S. City Average - last updated from the United States Federal Reserve on October of 2025.

United States - Consumer Price Index for All Urban Consumers: Owners' Equivalent Rent of Primary Residence in U.S. City Average was 416.29300 Index Dec 1982=100 in July of 2024, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Consumers: Owners' Equivalent Rent of Primary Residence in U.S. City Average reached a record high of 416.29300 in July of 2024 and a record low of 105.80000 in January of 1984. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Consumers: Owners' Equivalent Rent of Primary Residence in U.S. City Average - last updated from the United States Federal Reserve on October of 2025.

The cost of renting data center space in the United States has soared since 2020. In 2024, the average asking per kilowatt rose by **** percent, marking the third consecutive year of double-digit increase. Escalating costs for power, labor, and equipment were some of the main reasons for the price increase.

United States - Consumer Price Index for All Urban Consumers: Services Less Rent of Shelter in U.S. City Average was 419.24200 Index Dec 1982=100 in July of 2024, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Consumers: Services Less Rent of Shelter in U.S. City Average reached a record high of 419.24200 in July of 2024 and a record low of 106.90000 in January of 1984. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Consumers: Services Less Rent of Shelter in U.S. City Average - last updated from the United States Federal Reserve on September of 2025.

Graph and download economic data for Average Sales Price of Houses Sold for the United States (ASPUS) from Q1 1963 to Q2 2025 about sales, housing, and USA.

The average monthly asking rent in the Orlando, Florida, increased overall between 2020 and 2024. The highest value was observed in the fourth quarter of 2023 at ***** U.S. dollars. Subsequently, rents decreased to ***** U.S. dollars in the first quarter of 2024. Hawaii, San Francisco, and San Jose were the markets with the highest average shopping center rent in the U.S.

Graph and download economic data for Rental Vacancy Rate for New York (NYRVAC) from 1986 to 2024 about vacancy, rent, NY, rate, and USA.

The average annual rent for manufacturing space in Philadelphia, Pennsylvania, declined slightly in 2024, after rising for two years in a row. In the first quarter of 2024, the rental cost amounted to nearly *** U.S. dollars per square foot. That was higher than the average rent for manufacturing space in the United States.

This dataset provides values for PRICE TO RENT RATIO reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.