Residential rents in urban areas in the United States have grown faster than the general basket of products and services of the urban population. In December 2023, the consumer price index (CPI) for rent of primary residences reached almost 411 index points, more than 100 index points more than the CPI for all items. The CPI measures the development of prices, with 1984 chosen as a base year. An index value of 400 indicates that rents have quadrupled since 1984.
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Graph and download economic data for Consumer Price Index for All Urban Consumers: Rent of Primary Residence in Size Class B/C (CUURX000SEHA) from Dec 1997 to Feb 2025 about primary, rent, urban, consumer, CPI, inflation, price index, indexes, price, and USA.
The Price Index of Private Rents (PIPR) has shown significant growth, reaching a value of 117.9 in January 2025. This marks an increase of approximately 17.9 percent since January 2023, reflecting a robust upward trend in rental prices. Notably, the index saw a steady rise throughout 2024, with an annual percentage change peaking at 9.2 percent in March 2024. Mainstream properties are forecast to see rents further increase until 2028.
In 2024, the rental index in Germany reached 107.5 index points. The index was set to 100 in 2020, which means that compared to then, rent in Germany increased by 7.5 percent. Munich saw the highest average rent price among the larger German cities.
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Switzerland Real Estate Price Index: Central Swiss: Rental Apartment data was reported at 545.258 1970=100 in 2016. This records a decrease from the previous number of 555.744 1970=100 for 2015. Switzerland Real Estate Price Index: Central Swiss: Rental Apartment data is updated yearly, averaging 367.689 1970=100 from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 563.858 1970=100 in 2014 and a record low of 100.000 1970=100 in 1970. Switzerland Real Estate Price Index: Central Swiss: 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: 388330597
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Graph and download economic data for Producer Price Index by Commodity: Real Estate Services (Partial): Residential Property Sales and Rental, Brokerage Fees and Commissions (WPS4321) from Jan 2009 to Feb 2025 about brokers, fees, rent, real estate, residential, sales, services, commodities, PPI, inflation, price index, indexes, price, and USA.
The house price to rent ratio index in the U.S. declined since the second half of 2022, indicating that house price growth slowed down compared to rental growth. That was the first decrease after a long period of a steady increase. 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.
The average rental costs across Ireland increased steadily over the past decade. The National Rent Index, using the 2012 average rental prices as its baseline, reached 248.9 index points in June 2024. That was an increase of 15.1 index points from the same period the year before. Across the country, rents increased the most in Longford, Laois, and Kilkenny between the second quarter of 2023 and the second quarter of 2024.
The Price Index of Private Rents (PIPR) increased gradually since 2015 and reached a value of 121.8 in January 2025. That indicates a rental increase of 11 percent since January 2023, the baseline year when the index was set to 100. The rental rates for mainstream properties are forecast to continue to grow over the next five years.
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Graph and download economic data for Consumer Price Index for All Urban Consumers: Rent of Primary Residence in New York-Newark-Jersey City, NY-NJ-PA (CBSA) (CUURA101SEHA) from Dec 1914 to Feb 2025 about CT, primary, NJ, New York, rent, PA, NY, urban, consumer, CPI, inflation, price index, indexes, price, and USA.
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Sweden SE: Rent Price Index: sa data was reported at 119.105 2015=100 in 2024. This records an increase from the previous number of 113.178 2015=100 for 2023. Sweden SE: Rent Price Index: sa data is updated yearly, averaging 63.966 2015=100 from Dec 1963 (Median) to 2024, with 62 observations. The data reached an all-time high of 119.105 2015=100 in 2024 and a record low of 4.616 2015=100 in 1963. Sweden SE: 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 Sweden – Table SE.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual.
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Slovakia SK: Rent Price Index: sa data was reported at 121.351 2015=100 in 2024. This records an increase from the previous number of 113.917 2015=100 for 2023. Slovakia SK: Rent Price Index: sa data is updated yearly, averaging 97.545 2015=100 from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 121.351 2015=100 in 2024 and a record low of 24.291 2015=100 in 1995. Slovakia SK: 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 Slovakia – Table SK.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual.
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Spain ES: Rent Price Index: sa data was reported at 112.426 2015=100 in Mar 2025. This records an increase from the previous number of 111.927 2015=100 for Dec 2024. Spain ES: Rent Price Index: sa data is updated quarterly, averaging 46.219 2015=100 from Mar 1961 (Median) to Mar 2025, with 257 observations. The data reached an all-time high of 112.426 2015=100 in Mar 2025 and a record low of 3.357 2015=100 in Mar 1961. Spain ES: 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 Spain – Table ES.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Quarterly.
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Mexico MX: Rent Price Index: sa data was reported at 127.702 2015=100 in 2024. This records an increase from the previous number of 122.873 2015=100 for 2023. Mexico MX: Rent Price Index: sa data is updated yearly, averaging 69.117 2015=100 from Dec 1980 (Median) to 2024, with 45 observations. The data reached an all-time high of 127.702 2015=100 in 2024 and a record low of 0.087 2015=100 in 1980. Mexico MX: 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 Mexico – Table MX.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual.
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Rental price statistics historical data time series (indices and annual percentage change). These are official statistics in development.
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Graph and download economic data for Consumer Price Index for All Urban Consumers: Rent of Primary Residence in Miami-Fort Lauderdale-West Palm Beach, FL (CBSA) (CUURA320SEHA) from Nov 1977 to Feb 2025 about Miami, primary, rent, urban, FL, consumer, CPI, inflation, price index, indexes, price, and USA.
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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
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Estonia EE: Rent Price Index: sa data was reported at 166.052 2015=100 in Mar 2025. This records an increase from the previous number of 160.881 2015=100 for Dec 2024. Estonia EE: Rent Price Index: sa data is updated quarterly, averaging 82.552 2015=100 from Mar 1998 (Median) to Mar 2025, with 109 observations. The data reached an all-time high of 166.052 2015=100 in Mar 2025 and a record low of 38.664 2015=100 in Mar 1998. Estonia EE: 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 Estonia – Table EE.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Quarterly.
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Czech Republic CZ: Rent Price Index: sa data was reported at 145.078 2015=100 in Mar 2025. This records an increase from the previous number of 142.971 2015=100 for Dec 2024. Czech Republic CZ: Rent Price Index: sa data is updated quarterly, averaging 84.096 2015=100 from Mar 1994 (Median) to Mar 2025, with 125 observations. The data reached an all-time high of 145.078 2015=100 in Mar 2025 and a record low of 15.872 2015=100 in Sep 1994. Czech Republic CZ: 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 Czech Republic – Table CZ.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Quarterly.
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BR: FipeZap: House Asking Price Index: Rental Yield: Rio de Janeiro: 4 Bedrooms or More data was reported at 0.384 % in Jan 2025. This records an increase from the previous number of 0.381 % for Dec 2024. BR: FipeZap: House Asking Price Index: Rental Yield: Rio de Janeiro: 4 Bedrooms or More data is updated monthly, averaging 0.351 % from Jan 2008 (Median) to Jan 2025, with 205 observations. The data reached an all-time high of 0.555 % in Sep 2008 and a record low of 0.262 % in Mar 2019. BR: FipeZap: House Asking Price Index: Rental Yield: Rio de Janeiro: 4 Bedrooms or More data remains active status in CEIC and is reported by Institute of Economic Research Foundation. The data is categorized under Global Database’s Brazil – Table BR.RKB009: Real Estate: FipeZap House Asking Price Index: Rent: Rental Yield. The FipeZap Index uses announcements of sale or rental of apartments ready registered in many websites as data sources.
Residential rents in urban areas in the United States have grown faster than the general basket of products and services of the urban population. In December 2023, the consumer price index (CPI) for rent of primary residences reached almost 411 index points, more than 100 index points more than the CPI for all items. The CPI measures the development of prices, with 1984 chosen as a base year. An index value of 400 indicates that rents have quadrupled since 1984.