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.

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.

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

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.

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 the average increase of rent paid for dwellings in the Netherlands. The rent increase is set per 1 July.

Data available from: 1959

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 4 September 2024: Definitive figures of 2024 have been published.

When will new figures be published? Provisional figures of 2025 will be published in August 2025.

In accordance with Rules and Regulations Section 1.12 (https://www.sf.gov/reports--rent-board-rules-and-regulations), the Rent Board sets the annual allowable rent increase for rent controlled units. The new rates are effective every year on March 1. The amount is based on 60% of the percentage increase in the Consumer Price Index (CPI) for All Urban Consumers in the San Francisco-Oakland-San Jose region for the 12-month period ending October 31, as posted in November by the Bureau of Labor Statistics.

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.

This table includes figures on the average increase of rent broken down by income class. A distinction is made here between rental of regulated dwellings by social and other landlords and liberalised rental.

Data available from: 2015.

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

Changes as of 20 May 2025: The figures broken down by income class have been removed from this table for the categories of liberalised rents and total. These figures are not applicable and were previously published in error. Landlords can only request income data for regulated rents, which form the basis for this table.

Changes as of 4 September 2024: The figures of 2024 have been published.

Changes as of 8 September 2023: The category 'middle income' has been added to the table.

When will new figures be published? New figures of 2025 will become available in September 2025.

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 ...).

South Korea Rent Price Index: sa data was reported at 108.443 2015=100 in 2024. This records an increase from the previous number of 108.179 2015=100 for 2023. South Korea Rent Price Index: sa data is updated yearly, averaging 79.293 2015=100 from Dec 1985 (Median) to 2024, with 40 observations. The data reached an all-time high of 108.443 2015=100 in 2024 and a record low of 36.533 2015=100 in 1985. South Korea 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 South Korea – Table KR.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual.

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.

This table includes figures on the effects of rent harmonisation and renovation on the average rent increase. A distinction is made here between rental of dwellings by social and other landlords and liberalised rental.

Data available from: 2015.

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

Changes as of 4 September 2024: The figures of 2024 have been published.

When will new figures be published? New figures will become available in September 2025.

The fourth quarter of 2024 brought increases in private rental rates in all surveyed Polish cities. The average apartment rent in Warsaw in this period amounted to ***** zloty, one percent higher than the previous year's fourth quarter. In the fourth quarter of 2020, all mentioned cities recorded a decrease in prices due to the COVID-19 pandemic.

Rent Inflation in Germany remained unchanged at 2.10 percent in April. This dataset includes a chart with historical data for Germany 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.

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

This table includes the average increase of rent paid for dwellings in the Netherlands. It shows a breakdown regarding the rent change in- and excluding rent harmonisation. Another breakdown is for the commercial and non-commercial rent movements of dwellings. The rent change is given on an annual basis and is significant input for the housing price movements in the consumer price index. Data available from: 2009 Status of the figures: All values are definite. Frequency: Discontinued on 10 October 2011.

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 4 September 2024: Definitive figures of 2024 have been published. When will new figures be published? Provisional figures of 2025 will be published in August 2025.