ApartmentAdvisor National Rent Report
June 2025
The ApartmentAdvisor National Rent Report is published monthly and includes national rent trend data as well as rent price data by state and by city.
Overview
- In most of the country, median rent prices either have peaked — or will peak next month.
- Regionally, rent price peaks have varied historically; we predict the summer 2025 peak for each region.
- Hawaii is the fifth most expensive state to rent a one-bedroom apartment.
U.S. National Rent Trends
The median national rent for a 1-bedroom rental apartment in the U.S. was $1,595 in June 2025, 0.38% higher than the median national rent for May.
Median Rents
Rent Prices Over Time in the U.S.
Key Findings
National median rent prices are nearing their peak for the year.
Rent prices are heating up across the country, with the national median for a one-bedroom apartment nearing its peak as is usual this time of the year. Our data indicates that rent prices typically hit their highest point in July — though this may vary across specific rental markets.
In June, the national median rent price for a one-bedroom apartment increased by 0.4% MoM, from $1,589 to $1,595. However, throughout this year, our data has skewed positive for renters: Consistently, we have seen prices drop YoY, despite seasonal fluctuation. In June, the national median prices for one- and two-bedroom apartments were each down 0.3% YoY, while three-beds are down 0.4% YoY and studios have seen a whopping -2.4% YoY drop.
Regional Deep Dive: We predict the summer 2025 price peak for each region.
As we said in the section above, we expect to the national median price peak in July. However, based on past trends, this may not be the case for every region. Below, we break down our expectations on a regional level, using median prices from the markets we track across six regions in the U.S.
Southeast
In the Southeast, prices tend to hit their peak in June in accordance with the national trend — though in 2022 they kept climbing until August. On average, the regional median rent price for a one-bedroom apartment increases by 2.3% from May to June, and then decreases by 0.5% from June to July.
Midwest
Similar to the Southeast, the Midwest also tends to see its peak in June when looking at prices across the region — with only summer ‘22 seeing a peak in August. On average, the regional median rent price for a one-bedroom apartment increases by 2.4% from May to June, and then decreases by 0.4% from June to July.
Mountain West
The Mountain West also tends to see peak prices in June, with the exception of last summer, when they kept climbing through July. On average, the regional median rent price for a one-bedroom apartment increases by 1% from May to June, and then decreases by 0.4% from June to July.
Southwest
In the Southwest, following a trend we see across most of the western side of the country, prices typically hit their peak in July. On average, the regional median rent price for a one-bedroom apartment increases by 2.1% from June to July, and then decreases by 1.3% from July to August.
Pacific
Like the Southwest, on the Pacific Coast, prices tend to peak around July. On average, the regional median rent price for a one-bedroom apartment increases by 1.5% from June to July, and then decreases by 0.2% from July to August.
Northeast
Based on past years, we can expect prices to peak in the Northeast in August. This has been consistent in the region for the past three summers. On average, the regional median rent price for a one-bedroom apartment increases by 1% from June to July, and by 2.6% from July to August.
Average Rent by City
Top 10 Most Expensive Cities to Rent an Apartment
Top 10 Least Expensive Cities to Rent an Apartment
Rent Prices in 100 Major Cities
This table shows median rent data for 100 major cities in the US.
To download this data as a CSV, click .
Average Rent by State
Hawaii is the fifth most expensive state to rent a one-bedroom apartment.
Prices are up in Hawaii at the state level. The Aloha state saw a 2.5+ increase both MoM and YoY — and the median price point for a one-bedroom apartment ($2,050) is starting to approach notoriously expensive areas like Massachusetts ($2,595), Washington, D.C. ($2,260), and New Jersey ($2,125). Hawaii has been experiencing a housing deficit for years, with high demand from locals and transplants alike as well as a lack of new construction both contributing to the crisis.
Report Methodology
For the National Rent Report, ApartmentAdvisor analyzes rental listings available on our platform, sourced from multiple listing syndication partners. The set of 100 large cities highlighted in our report is primarily determined by overall population size, however we include some smaller cities with relatively high populations for the home state (e.g. Burlington, VT and Portland, ME) and we exclude some highly populated cities due to their proximity to other major cities (eg. Garland, Texas is not included due to its proximity to Dallas). We take all the unique apartments that were available for any amount of time during a time period, deduplicate them by unit type, and remove unreliable listings. We use a minimum threshold of units for cities to ensure that data is accurate. Luxury bias is removed by focusing on median figures instead of averages.
Top cities
Atlanta Apartments
1,578 apartments starting at $700/month
Austin Apartments
5,143 apartments starting at $500/month
Baltimore Apartments
1,323 apartments starting at $475/month
Boston Apartments
5,630 apartments starting at $1,050/month
Charlotte Apartments
2,871 apartments starting at $560/month
Chicago Apartments
6,335 apartments starting at $638/month
Dallas Apartments
5,623 apartments starting at $595/month
Fort Worth Apartments
2,639 apartments starting at $500/month
Houston Apartments
5,499 apartments starting at $618/month
Las Vegas Apartments
1,085 apartments starting at $650/month
Los Angeles Apartments
11,202 apartments starting at $430/month
Miami Apartments
484 apartments starting at $1,200/month
Milwaukee Apartments
1,177 apartments starting at $595/month
New York Apartments
5,154 apartments starting at $1,000/month
Oakland Apartments
781 apartments starting at $950/month
Orlando Apartments
845 apartments starting at $940/month
Philadelphia Apartments
3,118 apartments starting at $500/month
Phoenix Apartments
4,215 apartments starting at $600/month
Pittsburgh Apartments
767 apartments starting at $450/month
Portland Apartments
2,115 apartments starting at $750/month
Raleigh Apartments
1,243 apartments starting at $550/month
San Antonio Apartments
3,600 apartments starting at $574/month
San Diego Apartments
2,847 apartments starting at $650/month
San Francisco Apartments
484 apartments starting at $830/month
San Jose Apartments
425 apartments starting at $1,100/month
Seattle Apartments
3,286 apartments starting at $650/month
Tampa Apartments
803 apartments starting at $812/month
Washington DC Apartments
2,249 apartments starting at $910/month