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.

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.

The monthly median asking rent for unfurnished apartments in the United States in the first quarter of 2025 amounted to ***** U.S. dollars. This was an increase of about *** U.S. dollars in just five years. In 2020, the median rent stood at ***** U.S. dollars. The U.S. rental market As rental apartment vacancy rates fall, rents are on the rise. This makes it more difficult for Americans to, first, find an apartment to rent, and second, find an apartment which they can afford. Nevertheless, renting has become much more common in recent years, with the number of renter households having substantially increased in the past two decades. In 2025, there were approximately **** million renter households in the U.S. Rents in different states Of course, rents vary from state to state. The most expensive rents are found in Hawaii, California, District of Colombia, New Jersey, and Florida. Following the COVID-19 pandemic, growth was the strongest in the Sun Belt states, and especially in states with lower costs of living, such as Texas. In Austin, TX, the average rent soared by nearly ** percent in 2021, and remained elevated, despite a slight decline in 2023.

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

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.

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 ...).

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.

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.

The District of Columbia is the most expensive U.S. state for studio apartments, with monthly rents nearly *** U.S. dollars higher than in Hawaii. As of February 2021, renters in District of Columbia paid on average ***** U.S. dollars monthly for a studio apartment. In comparison, studios in Arkansas were approximately three times more affordable.

Between 2020 and 2021, the average monthly rent in the U.S. saw an overall increase. Nevertheless, this was not the case in some states that experienced dramatic negative rental growth.

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

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.

Correction coefficients are used to ensure equality of purchasing power of salaries of EU officials in the different duty stations. They are calculated as the ratio between the “economic parity” and the exchange rate to the Euro (where applicable). They operate as a percentage adjustment to remuneration expressed in local currency.

The method used to establish economic parities is to compare the price of a basket of goods and services purchased by the average retired international official in Belgium with the price of an equivalent basket of goods and services purchased by the average retired international official in each of the other countries.

The rent paid for an apartment or house, due to its high weight in the total household expenditure structure, plays a significant role in determining the overall correction coefficient.

Consequently, specific rent surveys are carried out annually in cooperation with relevant real estate agencies. The information obtained, and that derived from similar surveys in previous years, is used to determine the difference in rental prices between Brussels and each of the other locations where the survey is carried out, in rental prices for the same type of dwelling.

The scope of these surveys is to compare the average market rent for some specific kinds of dwellings in some pre-specified representative areas of Brussels with similar dwellings in similar (representative and comparable) areas in other EU capitals and duty stations.

The estate agency rent surveys (EARS) are organised jointly by Eurostat, the International Service for Remunerations and Pensions (ISRP) of the Co-ordinated Organisations and national statistical institutes (NSI) in each duty station, including Brussels, with the collaboration of estate agents in the duty stations concerned.

The work is done in accordance with a methodology approved by the Expert Working Group on Articles 64 & 65 of the Staff Regulations.
Whilst this rent information is collected for a specific purpose, according to a specific methodology, it may also be relevant for other purposes.

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.

A more recent version of these indicators can be found on this page: https://www.data.gouv.fr/fr/datasets/carte-des-loyers-indicateurs-de-loyers-dannonce-par-commune-en-2022/ Due to the evolution of the methodology and the communal mesh size, successive versions of the indicators cannot be compared to provide information on the evolution of rents. ### Context of the project 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. The Directorate-General for Planning, Housing and Nature (DGALN) launched in 2018 the “rent map” project by partnering on the one hand with a research team in economics of Agrosup Dijon and the National Institute of Research in Agronomics (INRAE), and on the other hand with SeLoger, leboncoin and PAP. This innovative partnership has rebuilt a database with more than 9 million rental ads. On the basis of these data, the research team developed a methodology for estimating indicators, at the communal scale, 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 donors and tenants. In a second phase of the project, the methodology will need to be consolidated and sustained, in order to provide for a regular update of these indicators. This project provides additional information to that offered by the Local Land Observatorys (OLL), deployed since 2013 and reinforced since 2018 by the Elan law. Today, this associative network of 30 OLL publishes every year precise information on the rents practiced in 51 of the main French agglomerations. ### Presentation of the dataset The data disseminated are indicators of ad rents, at the level of the municipality. The field covered is the whole of France, outside of Mayotte. The geography of the municipalities is the one in force on 1 January 2017. Rent indicators are calculated using ad data published on leboncoin, SeLoger and PAP over the period 2015-2019. Rent indicators are provided including charges for standard properties leased in the 3 rd quarter of 2018 with the following reference characteristics: — For an apartment: 49 m² and average area per room of 22.1 m² — For a house: 92 m² area and average area per room of 22.5 m² ### Data terms and conditions These indicators can be freely used, provided that the source is indicated as follows: “UMR 1041 CESAER estimates (AgroSup Dijon-INRAE) from SeLoger, leboncoin, PAP”. ### Precautions for use Rent indicators are calculated including charges, on ad data, so measure flow rents only. The data were duplicated but could not rely on very discriminating photos and characteristics. For municipalities with no housing leased through an advertisement on at least one of the three sites during the period considered, the rent indicator is that estimated for a larger grid comprising neighbouring municipalities with similar characteristics. Moreover, since the data do not make it possible to distinguish with certainty furnished and tourist rentals, biases in the rent indicators can be observed locally. Users are advised to consider rent indicators with caution 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.

D.C.'s median rent for a one bedroom apartment stands at $2,495, significantly higher than the national median rent of approximately $1,567. Click on different U.S. cities to see the median rent for a one bedroom apartment2.The map on the left side shows the percentage of people by census tract that are considered "cost burdened" by housing costs, by paying 30% or more of their household income on rent and utilities3. The map on the right side shows the median household income by census tract4. You can click on the "list" icon in the lower left corner to see the map legend, and meanings of map symbology. Areas that are cost burdened are often areas with the lowest median household incomes. There are also areas in wards where median incomes are high, but the cost of living is also high, leading to a greater cost burden.

Switzerland Real Estate Price Index: Bern: Rental Apartment data was reported at 389.936 1970=100 in 2016. This records an increase from the previous number of 389.903 1970=100 for 2015. Switzerland Real Estate Price Index: Bern: Rental Apartment data is updated yearly, averaging 297.220 1970=100 from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 443.887 1970=100 in 1992 and a record low of 100.000 1970=100 in 1970. Switzerland Real Estate Price Index: Bern: Rental Apartment data remains active status in CEIC and is reported by Swiss National Bank. The data is categorized under Global Database’s Switzerland – Table CH.EB002: Real Estate Price Index: By Region: Residential: Annual. Rebased from 1970=100 to 2000=100 Replacement series ID: 388330617

Zillow Observed Rent Index (ZORI): A smoothed measure of the typical observed market rate rent across a given region. ZORI is a repeat-rent index that is weighted to the rental housing stock to ensure representativeness across the entire market, not just those homes currently listed for-rent. The index is dollar-denominated by computing the mean of listed rents that fall into the 35th to 65th percentile range for all homes and apartments in a given region, which is weighted to reflect the rental housing stock.

ZORI is created for three different categories: All homes, Single Family Residences, and Multi-Family Residences. For more detailed information, you can refer to the ZORI methodology.

Zillow Observed Renter Demand Index (ZORDI): A measure of the typical observed rental market engagement across a region. ZORDI tracks engagement on Zillow’s rental listings to proxy changes in rental demand. The metric is smoothed to remove volatility.

ZORDI is created for different categories including All homes, Single Family Residences, Condo and Multi-Family Residences at national and MSA levels.

As of January 2025, the rent for a two-bedroom apartment in Hawaii was about 120 U.S. dollars higher than in California. The states of Hawaii and California ranked as the most expensive within the United States for apartment renters. Conversely, an apartment in Arkansas was almost three times more affordable than one in Hawaii.In 2025, the average monthly rent in the U.S. declined slightly. Nevertheless, in rents increased in most states, with West Virginia registering the highest growth.

The average agreed rent for new tenancies in the UK ranged from *** British pounds to ***** British pounds, depending on the region. On average, renters outside of London paid ***** British pounds, whereas in London, this figure amounted to ***** British pounds. Rents have been on the rise for many years, but the period after the COVID-19 pandemic accelerated this trend. Since 2015, the average rent in the UK increased by about ** percent, with about half of that gain achieved in the period after the pandemic. Why have UK rents increased so much? One of the main reasons driving up rental prices is the declining affordability of homeownership. Historically, house prices grew faster than rents, making renting more financially feasible than buying. In 2022, when the house price to rent ratio index peaked, house prices had outgrown rents by nearly ** percent since 2015. As house prices peaked in 2022, home buying slowed, exacerbating demand for rental properties and leading to soaring rental prices. How expensive is too expensive? Although there is no official requirement about the proportion of income spent on rent for it to be considered affordable, a popular rule is that rent should not exceed more than ** percent of income. In 2024, most renters in the UK exceeded that threshold, with the southern regions significantly more likely to spend upward of ** percent of their income on rent. Rental affordability has sparked a move away from the capital to other regions in the UK, such as the South East (Brighton and Southampton), the West Midlands (Birmingham) and the North West (Liverpool, Manchester, Blackpool and Preston).