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.

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.

Mexico was one of the economies where house prices increased the most between 2016 and 2024, rising by nearly ** percent during that period. The growth rate of housing prices from 2015 to 2023 in Russia was even higher, but the 2024 data for that country was not yet available. Meanwhile, Poland and the U.S. were among the countries where rents increased the most from 2016 to 2024.

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 3.80 percent in June from 3.90 percent in May of 2025. This dataset includes a chart with historical data for the United States Rent Inflation.

Price to Rent Ratio in the United States increased to 134.20 in the fourth quarter of 2024 from 133.60 in the third quarter of 2024. This dataset includes a chart with historical data for the United States Price to Rent Ratio.

Rents in Germany continued to increase in all seven major cities in 2024. The average rent per square meter in Munich was approximately **** euros — the highest in the country. Conversely, Düsseldorf had the most affordable rent, at approximately **** euros per square meter. But how does renting compare to buying? According to the house price to rent ratio, house prices in Germany have risen faster than rents, making renting more affordable than buying. Affordability of housing in Germany In 2023, Germany was among the European countries with a relatively high house price to income ratio in Europe. The indicator compares the affordability of housing across OECD countries and is calculated as the nominal house prices divided by nominal disposable income per head, with 2015 chosen as a base year. Between 2012 and 2022, property prices in the country rose much faster than income, with the house price to income index peaking at *** index points at the beginning of 2022. Slower house price growth in the following years has led to the index declining, as incomes catch up. Nevertheless, homebuyers in 2024 faced significantly higher mortgage interest rates, contributing to a higher final cost. How much does buying a property in Germany cost? Just as with renting, Munich was the most expensive city for newly built apartments. In 2024, the cost per square meter in Munich was almost ***** euros pricier than in the runner-up city, Frankfurt. Detached and semi-detached houses are usually more expensive. The price gap between Munich and the second most expensive city, Stuttgart, was nearly ***** euros per square meter.

Revenue for apartment lessors has expanded through the end of 2025. Apartment lessors collect rental income from rental properties, where market forces largely determine their rates. The supply of apartment rentals has grown slower than demand, which has elevated rental rates for lessors' benefit. As the Federal Reserve hiked interest rates 11 times between March 2022 and January 2024, homeownership was pushed beyond the reach of many, resulting in a tighter supply and increased demand for rental properties. Despite three interest rate cuts in 2024, mortgage rates have remained high, further encouraging consumers to rent. Revenue has climbed at a CAGR of 2.9% over the past five years and is expected to reach $299.7 billion by the end of 2025. This includes an anticipated 3.0% gain in 2025 alone. The increasing unaffordability of housing is caused by the steady climb of mortgage rates and high prices maintained by a low supply. Supply has been held down as buyers who locked in low rates stay put, and investment groups hold a strategic number of their properties empty as investments. Industry profit has remained elevated because of solid demand for apartment rentals. Through the end of 2030, the apartment rental industry's future performance is likely to be shaped by varying factors. The apartment supply in the US, which hit a record in 2024, is expected to taper off, which will, in turn, push rental prices and occupancy rates up to the lessors' benefit. Other factors, such as further interest rate cuts, decreasing financial barriers to homeownership, and a high rate of urbanization, will also significantly impact the industry. Wth approximately 80.7% of the US population living in urban areas, demand for apartment rentals will strengthen, although rising rental prices could force potential renters to cheaper suburbs. Demand will continue to outpace supply growth, prompting a climb in revenue. Revenue is expected to swell at a CAGR of 2.8% over the next five years, reaching an estimated $344.3 billion in 2030.

Key information about House Prices Growth

• Switzerland house prices grew 0.9% YoY in Dec 2024, following an increase of 1.9% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1971 to Dec 2024, with an average growth rate of 2.4%.
• House price data reached an all-time high of 26.2% in Mar 1973 and a record low of -9.0% in Dec 1975.

Mobile Home Rental Market Outlook

The global mobile home rental market size was valued at USD 9.3 billion in 2023, and it is projected to reach USD 17.8 billion by 2032, growing at a CAGR of 7.5% during the forecast period. The growth of this market is driven by the increasing demand for affordable housing solutions and the rising trend of mobile living among different demographics. As urbanization continues to increase and housing prices soar, mobile homes present a viable and cost-effective alternative to traditional housing. The flexibility, affordability, and customization options associated with mobile homes have made them an attractive choice for many, thereby fueling the growth of the rental segment.

One of the primary growth factors for the mobile home rental market is the rising affordability crisis in urban housing. As property prices continue to skyrocket in major cities around the world, more individuals and families are turning to mobile homes as a practical solution. Mobile homes offer a lower cost of living, reduced maintenance expenses, and the ability to relocate easily, making them an appealing option for those who face financial constraints. Additionally, mobile homes are increasingly being designed with modern amenities and high-quality materials, improving their appeal and livability.

Another significant growth driver is the increasing acceptance and popularity of mobile home parks. These parks provide a community-based living environment with amenities such as recreational facilities, security, and maintenance services. This community aspect, combined with the affordability of mobile homes, attracts a diverse range of renters, from young professionals to retirees. Moreover, governments in various regions are also supporting the development of mobile home parks to address the housing shortage, further boosting the market.

The growing trend of minimalistic and sustainable living is also contributing to the market's expansion. Many individuals are prioritizing smaller, eco-friendly living spaces that reduce their carbon footprint. Mobile homes, which often employ sustainable building practices and materials, cater to this demographic. The ability to downsize and live a more sustainable lifestyle without sacrificing comfort is a strong selling point for mobile homes, increasing their popularity among environmentally conscious renters.

Regionally, North America holds the largest share of the mobile home rental market due to the high demand for affordable housing solutions and the presence of well-established mobile home communities. Europe is also witnessing significant growth, driven by similar affordability concerns and an increasing preference for flexible living options. Asia Pacific is expected to exhibit the highest CAGR during the forecast period, fueled by rapid urbanization, population growth, and government initiatives supporting affordable housing. Latin America and the Middle East & Africa regions are also showing promising growth potential, albeit at a slower pace.

Type Analysis

The mobile home rental market can be segmented by type into Single-Wide, Double-Wide, and Triple-Wide homes. Single-Wide mobile homes are the most traditional and common type, featuring a narrow and elongated structure that is easy to transport and set up. These homes are highly popular among individual renters and small families due to their affordability and simplicity. Despite their smaller size, many single-wide homes are equipped with modern amenities, making them a comfortable living option. The demand for single-wide homes remains strong, particularly in regions where affordable housing is scarce.

Double-Wide mobile homes consist of two sections that are joined together to create a larger living space. These homes offer more interior space and design flexibility compared to single-wide models, catering to families and individuals who require more room. The growing preference for spacious living environments without the high costs associated with traditional homes is driving the demand for double-wide mobile homes. Additionally, double-wide homes often feature more advanced amenities and higher quality finishes, further enhancing their appeal.

Triple-Wide mobile homes represent the largest and most luxurious segment within the mobile home rental market. These homes consist of three joined sections, providing a spacious and comfortable living environment that can rival traditional houses. Triple-wide homes are designed to offer maximum comfort and luxury, often featuring multiple bedrooms, large kitchens,

AI-Powered Rental Price Index Market Outlook

According to our latest research, the global AI-Powered Rental Price Index market size reached USD 1.84 billion in 2024, with a robust compound annual growth rate (CAGR) of 17.2% projected through the forecast period. By 2033, the market is anticipated to achieve a value of USD 8.19 billion, driven by increasing demand for data-driven pricing strategies, rapid digital transformation in real estate, and the growing adoption of artificial intelligence across property valuation and management. As per our comprehensive analysis, the market is witnessing exponential growth due to the need for accurate, real-time rental price insights, supporting both property owners and tenants in making informed decisions.

One of the primary growth factors fueling the AI-Powered Rental Price Index market is the escalating need for transparency and precision in rental pricing, especially in highly dynamic urban real estate environments. Traditional pricing methodologies often fall short in accounting for rapidly shifting market variables, such as sudden changes in demand, local economic trends, or emerging neighborhood developments. AI-powered solutions leverage advanced algorithms and machine learning models to process vast datasets, including historical rental prices, property attributes, neighborhood analytics, and even social sentiment. This enables real estate stakeholders to arrive at more accurate and competitive rental prices, minimizing vacancies and maximizing returns. Further, the integration of AI with Internet of Things (IoT) and smart city initiatives is enhancing the granularity and timeliness of rental data, solidifying the value proposition of AI-powered rental indices.

Another significant growth driver is the increasing adoption of digital platforms by real estate agencies, property managers, and institutional investors. The transformation from manual, spreadsheet-based assessments to automated, AI-driven platforms is streamlining operations, reducing human error, and enabling scalable portfolio management. Financial institutions are also leveraging AI-powered rental indices for risk assessment, loan underwriting, and investment analysis, further expanding the addressable market. Additionally, the proliferation of proptech startups and increased venture capital investments in real estate technology are accelerating the innovation cycle, resulting in more sophisticated and customizable AI-powered pricing solutions. The rising consumer expectation for transparency and fairness in rental pricing, particularly among younger, tech-savvy renters, is further catalyzing market growth.

Furthermore, regulatory developments and government initiatives aimed at improving housing affordability and market efficiency are positively impacting the AI-Powered Rental Price Index market. In many regions, public sector agencies are collaborating with technology providers to develop standardized rental indices, which support policy-making, rent control measures, and urban planning. These collaborations are fostering an environment where AI-powered analytics are not only a competitive advantage for private enterprises but also a tool for public good. However, market expansion is somewhat tempered by challenges related to data privacy, algorithmic transparency, and the need for standardized data formats across jurisdictions. Addressing these issues will be crucial for sustained growth and broader adoption in the coming years.

Regionally, North America continues to dominate the AI-Powered Rental Price Index market, accounting for the largest share in 2024, owing to its mature real estate sector, high digital adoption, and strong presence of leading proptech firms. Europe is experiencing rapid growth, particularly in countries with high urbanization rates and regulatory support for digital transformation in real estate. Asia Pacific is emerging as a high-growth region, driven by urban expansion, smart city projects, and a burgeoning middle class seeking reliable rental information. While Latin America and Middle East & Africa are currently smaller markets, they present significant long-term potential as digital infrastructure and real estate investment accelerate. Overall, regional dynamics are shaped by varying levels of technological maturity, regulatory frameworks, and the pace of urbanization.

Price to Rent Ratio in Russia increased to 173.64 in the first quarter of 2022 from 164.21 in the fourth quarter of 2021. This dataset includes a chart with historical data for Russia Price to Rent Ratio.

Graph and download economic data for Average Sales Price of Houses Sold for the United States (ASPUS) from Q1 1963 to Q1 2025 about sales, housing, and USA.

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 global housing rental service platform market is experiencing robust growth, driven by increasing urbanization, the rising popularity of short-term rentals, and the expanding adoption of technology in property management. The market size in 2025 is estimated at $50 billion, demonstrating significant expansion from its historical period. This growth is projected to continue at a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching an estimated market value of $150 billion by 2033. Key drivers include the convenience and efficiency offered by online platforms, enabling property owners to manage their listings and tenants to search and book properties easily. Furthermore, the integration of advanced features such as virtual tours, online payment processing, and sophisticated search filters enhances user experience and drives market expansion. Emerging trends, such as the integration of AI for property pricing and tenant screening, along with the rise of subscription-based rental models, are further fueling market growth. However, regulatory challenges related to data privacy and fair housing practices, as well as competition from traditional real estate agencies, pose some restraints on market growth. The competitive landscape is highly dynamic, with a mix of established players like Zillow, Trulia, and RealPage, and innovative startups such as Rentberry and Spotahome vying for market share. Geographic expansion into emerging markets, particularly in Asia and Latin America, presents significant opportunities for growth. Companies are increasingly focusing on enhancing their platforms’ functionalities by integrating advanced technologies like AI and machine learning to improve tenant screening, property valuation, and risk management. Differentiation strategies, such as offering specialized services catering to specific demographics or property types, are also becoming increasingly crucial for success in this competitive market. The overall outlook remains positive, with substantial growth potential driven by technological advancements and evolving consumer preferences.

Housing Rental Platform Market Outlook

The housing rental platform market has seen a significant uptick in recent years, with the global market size estimated at USD 22.6 billion in 2023. The market is projected to grow at a robust CAGR of 12.4% from 2024 to 2032, reaching an estimated USD 72.4 billion by 2032. This growth is propelled by a multitude of factors, including increased urbanization, digital transformation, and changing consumer behaviors towards renting versus owning property.

One of the primary growth factors driving the housing rental platform market is the increasing rate of urbanization across the globe. As more people migrate to urban areas in search of better job opportunities and improved living standards, the demand for rental housing increases. This shift is particularly evident in developing countries, where urban populations are expanding rapidly. Additionally, the growing trend of flexible living, especially among millennials and Gen Z, has contributed significantly to the surge in demand for rental properties. People are increasingly prioritizing experiences and flexibility over long-term commitments such as homeownership, further bolstering the rental market.

Another crucial factor is the rapid digital transformation taking place within the real estate sector. Traditional methods of finding rental properties through brokers or classified ads are being swiftly replaced by digital platforms that offer greater convenience, transparency, and efficiency. Housing rental platforms provide comprehensive listings, virtual tours, and streamlined application processes, making it easier for tenants to find suitable properties. Moreover, these platforms often include features like online payments and maintenance request systems, enhancing the overall user experience for both tenants and landlords.

Economic factors also play a significant role in the growth of the housing rental platform market. In many parts of the world, housing affordability remains a major issue, making renting a more viable option for a large segment of the population. Economic instability and rising property prices have led to an increase in the number of people opting to rent rather than buy homes. Additionally, the COVID-19 pandemic has underscored the importance of flexibility in living arrangements, further accelerating the shift towards rental housing.

In recent years, the emergence of Homestay Booking Platform has revolutionized the way people approach rental accommodations. These platforms offer a unique blend of personalized experiences and local immersion, attracting a wide range of travelers and renters. Unlike traditional rental options, homestay platforms provide users with the opportunity to stay in local homes, offering a more authentic and culturally rich experience. This trend is particularly appealing to millennials and Gen Z, who prioritize experiences over material possessions. As a result, homestay booking platforms have become a significant player in the housing rental market, contributing to its overall growth and diversification.

From a regional perspective, North America is expected to maintain a dominant position in the housing rental platform market. The region's advanced digital infrastructure, high internet penetration rates, and a large population of young professionals contribute to this dominance. In contrast, the Asia Pacific region is anticipated to witness the highest growth rate, driven by rapid urbanization, increased smartphone penetration, and rising disposable incomes. Europe is also a significant market, with a strong preference for renting in urban centers and a growing number of digital-savvy consumers.

Property Type Analysis

The housing rental platform market can be segmented based on property type into apartments, houses, condominiums, and others. The apartments segment holds the lion's share of the market due to the high demand for multi-family housing units in urban areas. Apartments are particularly popular among young professionals and students who prefer rental properties close to their workplaces or educational institutions. The convenience of amenities such as gyms, swimming pools, and security services offered by apartment complexes further enhances their appeal.

Houses form another significant segmen

The rent price index in New Zealand in the first quarter of 2025 was 136, marking a rise from the same quarter of the previous year. This continued an upward trend of increasing rent prices compared to the base year of 2015.

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.

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.

Price to Rent Ratio in Ireland increased to 112.11 in the first quarter of 2025 from 111.35 in the fourth quarter of 2024. This dataset includes a chart with historical data for Ireland Price to Rent Ratio.