The UK residential rental market is poised for significant growth, with forecasts indicating a cumulative increase of nearly **** percent by 2029. This surge is expected to be front-loaded, with a robust *****percent rise anticipated in 2025. Rental growth has accelerated notably since 2021, with August 2024 experiencing a decade-high annual percentage growth. The trend reflects the complex interplay between housing affordability, mortgage rates, and supply of rental homes, as the UK housing market navigates a period of transition.

The median rent for one- and two-bedroom apartments in Los Angeles, California, amounted to about ***** U.S. dollars in January 2025. Rents soared during the COVID-19 pandemic, with rental growth hitting **** percent in March 2022. This trend has since reversed, with growth turning negative in May 2023. Among the different states in the U.S., California ranks as the second most expensive rental market after Hawaii.

The median rent for one- and two-bedroom apartments in Washington, D.C., amounted to about ***** U.S. dollars by the end of 2023. Rents decreased by over **** percent annually in December 2020, but this trend quickly reversed and as of December 2021, rental growth was **** percent. Among the different states in the U.S., the District of Columbia ranks as one of the most expensive rental markets.

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.

The average rent for student housing in the U.S. has been increasing, with 2023 seeing the highest rental growth on record. The average rent for student housing increased by *** percent in that year. Rental growth was the weakest in 2020 when the COVID-19 pandemic struck.

The industrial real estate sector and West End offices are forecasted to see the highest annualized rental growth in the UK between 2025 and 2029, followed by city offices. According to the forecast, industrial real estate and West End office space rents are expected to grow by *** percent per year in this period, while city office space rents are expected to increase by *** percent. When it comes to total commercial real estate returns in the UK, the industrial and shopping center sectors are forecast to outperform all other property types.

The rent for office spaces in the United States is expected to continue to increase at a moderate pace until 2027, after rising by less than two percent in 2022. The strongest growth is forecast in 2027, when the average effective rent is projected to rise by *** percent.

Industrial real estate achieved the highest annual rental growth in the U.S. commercial real estate sector in the first quarter of 2025. The asking rent for industrial real estate grew by *** percent, while the average effective rent increased by *** percent. The retail sector observed a different trend, with effective rents increasing at a higher rate than asking rents.

As of July 2025, the average rent for rental apartments increased in ** of the 50 U.S. metropolitan areas with the largest populations. San Francisco-Oakland-Berkeley, CA was the metro with the highest rental growth, an annual increase of **** percent. Conversely, Austin-Round Rock-Georgetown, TX experienced the highest decline in rents, at ***** percent.

The real estate volume in the 'Residential Real Estate Leases' segment of the real estate market in the United States was forecast to continuously increase between 2024 and 2029 by in total 0.9 million (+1.91 percent). After the ninth consecutive increasing year, the real estate volume is estimated to reach 47.97 million and therefore a new peak in 2029. The Statista Market Insights cover a broad range of additional markets.

The median rent for one- and two-bedroom apartments in San Diego, CA, amounted to about ***** U.S. dollars at the end of 2023. Rents decreased slightly after the beginning of the coronavirus pandemic, but this trend quickly reversed, and in November 2021, the annual rental growth reached its peak, at ***** percent. Among the different states in the U.S., California ranks as the second most expensive rental market in 2023.

Renters paid about ***** U.S. dollars in Nashville, Tennessee, for one- and two-bedroom apartments at the end of 2023. Moreover, the annual rental growth fell by *** percent in December 2023. Among the different states in the U.S., Tennessee ranks as one of the less expensive rental markets.

The median rent for one- and two-bedroom apartments in Chicago, Illinois, amounted to about ***** U.S. dollars in January 2025. Rents soared during the COVID-19 pandemic, with February 2022 experiencing the highest year-on-year increase of nearly ** percent. Growth has since mellowed, with the average rental increase amounting to *** percent in January 2025. Among the different states, Illinois ranked alongside Texas, South Carolina, and Pennsylvania in terms of rental costs.

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.

The median rent for one- and two-bedroom apartments in San Francisco, CA, amounted to about ***** U.S. dollars at the end of 2023. Rents decreased drastically after the beginning of the coronavirus pandemic - by over ** percent between December 2019 and December 2020. This trend reversed in 2021, and as of December 2021, the annual rental growth stood at ** percent. Among the different states in the U.S., California ranks as the second most expensive rental market in 2023.

The median rent for one- and two-bedroom apartments in Boston, Massachusetts, amounted to about ***** U.S. dollars by the end of 2023. Rents decreased slightly after the beginning of the coronavirus pandemic,this trend reversed in 2021 and as of December 2023, the annual rental growth stood at **** percent. Among the different states in the U.S., Massachusetts ranks as one of the most expensive rental markets.

The median rent for one- and two-bedroom apartments in Phoenix, Arizona, amounted to about ***** U.S. dollars in January 2025. Rents soared during the COVID-19 pandemic, hitting a year-on-year growth of ** percent in October 2021. This trend reversed in November 2022 and in January 2025, the year-on-year decline was *** percent. Among the different states in the U.S., Arizona ranks as one of the mid-priced rental markets in 2023.

The median rent for one- and two-bedroom apartments in Philadelphia, Pennsylvania, amounted to about ***** U.S. dollars at the end of 2023. While the median rent decreased slightly between March 2020 and March 2021, the annual rental growth exceeded ** percent in January 2022. Furthermore, no notable variation in rental growth was observed in December 2023 in comparison to previous years. Among the different states in the U.S., Pennsylvania ranks as one of the mid-priced rental markets in 2023.

The median rent for one- and two-bedroom apartments in Las Vegas, Nevada, amounted to ***** U.S. dollars by the end of 2023. Rents increased dramatically since the beginning of the coronavirus pandemic, with rental growth exceeding ** percent in October 2021. In December 2023, the rental growth experienced a decrease of **** percent. Among the different states in the U.S., Nevada ranks as one of the mid-price range rental markets.

Global Real Estate Rental market size is expected to reach $3862.88 billion by 2029 at 7.4%, segmented as by type, residential buildings and dwellings rental services, non-residential buildings rental services