In January 2025, apartment rents recorded an annual growth in most U.S. states. Nevertheless, the national average rent declined by about *** percent. West Virginia was the state with the largest rental increase, while Colorado measured the largest decline. California, one of the most expensive states to rent an apartment, such as California, saw an increase of about *** percent from the previous year. How much should you earn to afford to rent an apartment in different states in the U.S.? Both employment opportunities and the living costs vary widely across the country. In California, which is among the most competitive housing markets in the U.S., the hourly wage needed to afford a two-bedroom apartment rental was roughly ** U.S. dollars, more than twice higher than in North Carolina, Louisiana, or Michigan in 2024. When it comes to the median household income, on the other hand, California does not even make it in the top ten states. How much should you earn to afford a home in some of U.S. largest metros? In 2022, the annual salary needed to buy a median-priced home in the U.S. was ****** U.S. dollars. However, in some of the largest metropolitan areas in the United States, where housing prices are up to two or three times higher, homebuyers would have to earn more than 100,000 U.S. dollars to afford a home. In San Jose, which was the most expensive metro, the annual salary needed for a median-priced home was approximately ******* U.S. dollars.

Rents in the United States declined year-on-year for the first time in June 2023, after surging for two years in a row. In November 2021, rents soared by over ** percent annually — the highest increase on record, and in August 2022, the average rental price reached an all-time high of over ***** U.S. dollars. Rental growth has since mellowed, with January 2025 recording a decline of about *** percent from the same period one year ago. Despite the softening of the market, many states still experienced rising rents.

Renters paid about ***** U.S. dollars in Indianapolis, Indiana, for one- and two-bedroom apartments at the end of 2023. The median rent increased by ** percent between June 2021 and June 2022, and by *** percent in the following year. Among the different states in the U.S., Indiana ranks as one of the least expensive rental markets in 2023.

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.

This table includes figures on the average rent increase (including and excluding rent harmonisation) of regulated and liberalised dwellings. The data is broken down by part of the country, province and the four major municipalities (Amsterdam, Rotterdam, The Hague and Utrecht).

Data available from: 2015.

Status of the figures: The figures in this table are definitive.

Changes as of 6 September 2021: The figures of 2021 have been published.

When will new figures be published? New figures will become available in September 2022.

TRREB Releases 2022 Q4 Rental Market Statistics Average condominium apartment rents continued to increase by double-digit annual rates in the fourth quarter of 2022. However, while market conditions remained tight enough to support very strong rent growth, there was more balance in the rental marketplace compared to the same period a year earlier in 2021. The number of condominium apartment rental transactions reported through the Toronto Regional Real Estate Board9s (TRREB) MLS® System was down on a yearover-year basis by 19.9 per cent in the fourth quarter of 2022. The number of rental listings was also down over the same period, but by a lesser annual rate of 11.8 per cent. The fact that the number of units leased was down by more than the number of units listed suggests that would-be renters benefitted from more choice compared to a year ago. "Strong population growth based on record immigration and robust job creation across a diversity of economic sectors drove rental demand in 2022. In addition, aggressive interest rate hikes by the Bank of Canada impacted affordability for many households, prompting a shift from homeownership to rental. All of these factors will continue to support strong rental demand in 2023," said TRREB President Paul Baron. The average rent for a one-bedroom condominium apartment increased by 19 per cent to $2,503 in the fourth quarter of 2022. Over the same period, the average two-bedroom rent increased by 14.1 per cent to $3,178. "Tight rental market conditions and strong rent increases will be the norm more often than not for the foreseeable future. On one hand, we will continue to experience strong rental demand in the GTA based on solid fundamentals. On the other hand, the persistent supply shortage will continue to result in strong competition between wouldbe renters, exerting upward pressure on rents. The solution is no secret: we need to see new policies pointed on more supply to translate into shovels in the ground for many years to come," said TRREB Chief Market Analyst Jason Mercer.

Between 2008 and 2024, the average weekly rent for private renters in England has shown a significant increase. In the 2009, the average rent was 153 British pounds, and by 2024, it had risen to 237 British pounds. Excluding London, the average rent started at 130 British pounds in 2009 and reached 191 British pounds in 2024, demonstrating a similar upward trend but at a lower rate compared to the overall average in England. Rental households in England Renting is common in England. Nearly one in five households occupied a dwelling that was privately rented in 2024. While the majority of households in the country live in an owner-occupied home, this percentage has declined since the early 2000s. Meanwhile, the share of households occupying a private rental has doubled over the past decade. This shows a growing rental sector and a shift in tenure trends in the country. Buying vs renting costs For a long time, the average monthly costs of buying a home were lower than renting. In 2021, housing costs started to increase steeply, closely followed by rental costs. This resulted in the gap nearly closing in 2023. This trend can also be observed through the house price to rent ratio - an index that follows the development of house prices relative to rents, with 2015 as a baseline year. Between 2015 and 2022, the ratio grew steadily, indicating that property prices rise faster than rents. However, with rental growth accelerating and catching up with property prices in 2022, the index declined notably.

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 ...).

This table contains figures on the average real rent increase of regulated rental properties broken down by type of landlord. The figures have been adjusted for inflation. Calculations are based on the average inflation over the period December to November of the previous year. Data available from: 2015. Status of the figures: The figures in this table are final. Changes as of September 2, 2022: The figures for 2022 have been added. When will new numbers come out? The new figures will be available in September 2023.

This table includes figures on the average increase of rent paid for dwellings (including and excluding rent harmonisation) of regulated dwellings (broken down by type of landlord) and liberalised dwellings. Data available from: 2015 Status of the figures: The provisional figures are published in August and relate to the rent increase as implemented in July. The figures become definitive upon publication in September. Disparities between provisional and definitive figures are caused by new source material. Changes as of 2 september 2022: Definitive figures of 2022 have been published. When will new figures be published? Provisional figures of 2023 will be published in August 2023.

This table contains the average increase in house rents. This increase is determined annually on 1 July. Data available from: 1959. Status of the figures: The provisional results will be published in August and relate to the rent increase implemented in July. The results will become final when published in September. Differences between the provisional and final figure are due to new source material. Changes as of September 2, 2022: The final figures for 2022 have been published. When will new numbers come out? The provisional figures for 2023 will be published in August 2023.

Commercial rents services price index (CRSPI) by North American Industry Classification System (NAICS). Monthly data are available from January 2006 for the total index and from January 2019 for all other indexes. The table presents data for the most recent reference period and the last five periods. The base period for the index is (2019=100).

The average rent for liberalized rental homes in the Netherlands increased notably more than for social and other rentals in 2023. Overall, rents increased by two percent including harmonization, while liberalized rentals rose by 4.5 percent. Rent harmonization means rent increase may exceed the maximum increased valid for that year when a dwelling changes tenancy. This new increase can be applied at any moment and is not connected to the annual rent increase on July 1st in the Netherlands. The rent after harmonization, however, may not exceed the maximum rent based on the Ministry of Interior and Kingdom Relations' Rent Point System. Rents in the major Dutch cities have experienced strong growth since the onset of the coronavirus pandemic, with the square meter price in Amsterdam reaching a record-high in the fourth quarter of 2022.

American Homes 4 Rent operating income for the twelve months ending March 31, 2025 was $0.406B, a 11.71% increase year-over-year. American Homes 4 Rent annual operating income for 2024 was $0.392B, a 11.09% increase from 2023. American Homes 4 Rent annual operating income for 2023 was $0.353B, a 16.96% increase from 2022. American Homes 4 Rent annual operating income for 2022 was $0.302B, a 10.97% increase from 2021.

In 2022, the rent for a house in the Netherlands increased by three percent compared to the year before. This is a higher increase than in 2021 when rents increased by less than one percent. Similarly, the seasonally adjusted price index of Dutch residential rental property has also been rising in recent years.

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.

United States US: Price to Rent Ratio: sa data was reported at 134.118 2015=100 in 2024. This records an increase from the previous number of 133.710 2015=100 for 2023. United States US: Price to Rent Ratio: sa data is updated yearly, averaging 99.069 2015=100 from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 137.672 2015=100 in 2022 and a record low of 89.669 2015=100 in 1997. United States US: Price to Rent Ratio: 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 United States – Table US.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by rent price indices

Median monthly rental prices for the private rental market in England by bedroom category, region and administrative area, calculated using data from the Valuation Office Agency and Office for National Statistics.

Italy Residential Property Rent: Average data was reported at 96.729 EUR/sq m in 2022. This records an increase from the previous number of 95.322 EUR/sq m for 2021. Italy Residential Property Rent: Average data is updated yearly, averaging 98.134 EUR/sq m from Dec 2008 (Median) to 2022, with 15 observations. The data reached an all-time high of 119.433 EUR/sq m in 2008 and a record low of 95.322 EUR/sq m in 2021. Italy Residential Property Rent: Average data remains active status in CEIC and is reported by Nomisma. The data is categorized under Global Database’s Italy – Table IT.EB004: Residential Property Rent.