ApartmentAdvisor National Rent Report

June 2026

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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

  1. The national median rent price for a one-bedroom apartment is flat MoM, hinting at a renter’s market this year.
  2. San Francisco has beat out NYC for the most expensive rent prices in the country.
  3. Vermont saw the biggest MoM rent growth at the state level in June — but prices are down YoY.
Need help setting rent prices for your property? Try our free rental pricing tool here.

U.S. National Rent Trends

The median national rent for a 1-bedroom rental apartment in the U.S. was $1,550 in June 2026, unchanged vs the median national rent for May.

Median Rents


Studio$1,595 (-0.1%)
1 Bedroom$1,550 (0%)
2 Bedrooms$1,669 (-0.6%)
3 Bedrooms$2,050 (+0.4%)

Rent Prices Over Time in the U.S.


Key Findings

National Overview: It’s a renter’s market in much of the country as the national rent price remains flat in June.

The national median asking rent price of a one-bedroom apartment ($1,550) remained flat from May to June. This is uncharacteristic for this time of year, as rent usually continually increases throughout the summer. However, this year, many popular rental markets are reaping the benefits of 2024’s apartment construction boom. As supply meets demand in areas like the Sun Belt and the Southwest, prices are decreasing, concessions are increasing — and the seed is planted for a “renter’s market.”

The national asking rent prices are still up when compared to three months ago (+5.4% for studio apartments, +3.7% for one-bedroom units, +4.3% for two-bedroom units, and +3.8% for three-bedroom units), in line with seasonal trends despite the slow growth this summer.

Regional Spotlight: San Francisco is the most expensive city to rent again.

The nation’s two priciest rental markets — New York City, NY and San Francisco, CA — have been in a years-long ping-pong match for the No. 1 most expensive spot. But as tech companies explored remote work and headquarters outside of SF in a post-COVID world, NYC began to remain solidly up top. That is until the AI boom.

With the Bay Area once again calling itself home for some of the most innovative technology companies in the world, demand and prices are up significantly. In June, the median asking rent price for a one-bedroom in SF was $4,000 a month — almost 5% higher than in New York. The gap is even bigger for larger apartments.


Average Rent by City

Top 10 Most Expensive Cities to Rent an Apartment

1. San Francisco, CA$4,000 (-0.8%)
2. New York, NY$3,819 (+0.5%)
3. Boston, MA$2,885 (+1%)
4. Jersey City, NJ$2,681 (+3.3%)
5. Miami, FL$2,400 (+6.7%)
6. Chicago, IL$2,335 (-0.8%)
7. Charleston, SC$2,306 (0%)
8. San Jose, CA$2,276 (+3.7%)
9. Washington, DC$2,215 (+0.7%)
10. San Diego, CA$2,195 (+0.9%)

Top 10 Least Expensive Cities to Rent an Apartment

1. Wichita, KS$709 (-1.3%)
2. Toledo, OH$735 (-1.7%)
3. El Paso, TX$738 (-4.8%)
4. Huntsville, AL$770 (+1.3%)
5. Lincoln, NE$795 (+0.5%)
6. Akron, OH$820 (-0.6%)
7. Des Moines, IA$850 (-5%)
8. Baton Rouge, LA$854 (+2.3%)
9. Fayetteville, NC$863 (-1.2%)
10. Oklahoma City, OK$865 (+0.6%)

Rent Prices in 100 Major Cities

This table shows median rent data for 100 major cities in the US.

New York, NY$3,819 (+0.5%)
Los Angeles, CA$2,059 (+1.2%)
Chicago, IL$2,335 (-0.8%)
Houston, TX$1,068 (-2.7%)
Phoenix, AZ$1,145 (-0.4%)
Philadelphia, PA$1,450 (+1.8%)
San Antonio, TX$877 (-2.4%)
San Diego, CA$2,195 (+0.9%)
Dallas, TX$1,268 (-1.5%)
San Jose, CA$2,276 (+3.7%)
Austin, TX$1,245 (-4.2%)
Jacksonville, FL$1,150 (+10.4%)
Fort Worth, TX$1,415 (-0.8%)
Columbus, OH$1,133 (-1.5%)
Charlotte, NC$1,237 (-15%)
San Francisco, CA$4,000 (-0.8%)
Indianapolis, IN$900 (-1.5%)
Seattle, WA$1,795 (-1.6%)
Denver, CO$1,453 (-2.7%)
Washington, DC$2,215 (+0.7%)
Boston, MA$2,885 (+1%)
El Paso, TX$738 (-4.8%)
Nashville, TN$1,450 (-9.3%)
Detroit, MI$950 (+2.7%)
Oklahoma City, OK$865 (+0.6%)
Portland, OR$1,385 (-0.3%)
Las Vegas, NV$1,095 (+5.7%)
Memphis, TN$866 (-3.2%)
Louisville, KY$899 (+0.4%)
Baltimore, MD$1,300 (+0.4%)
Milwaukee, WI$1,131 (-4.4%)
Albuquerque, NM$927 (+3%)
Tucson, AZ$893 (-0.2%)
Fresno, CA$1,290 (+5.9%)
Sacramento, CA$1,466 (+1.1%)
Atlanta, GA$1,591 (-0.3%)
Kansas City, MO$1,150 (-1.7%)
Colorado Springs, CO$995 (-0.4%)
Omaha, NE$949 (-2.2%)
Raleigh, NC$1,130 (+0%)
Miami, FL$2,400 (+6.7%)
Virginia Beach, VA$1,643 (+5.1%)
Oakland, CA$1,976 (-1.1%)
Minneapolis, MN$1,125 (-0.1%)
Tulsa, OK$881 (+1.4%)
Tampa, FL$1,399 (-2.5%)
New Orleans, LA$1,300 (+0.4%)
Wichita, KS$709 (-1.3%)
Cleveland, OH$995 (0%)
Honolulu, HI$1,950 (0%)
Riverside, CA$1,795 (0%)
Corpus Christi, TX$904 (+0.7%)
Lexington, KY$925 (+3.4%)
St. Paul, MN$1,075 (+2%)
Cincinnati, OH$1,025 (-0.2%)
St. Louis, MO$945 (+2.2%)
Pittsburgh, PA$1,323 (+0%)
Greensboro, NC$950 (-1.1%)
Lincoln, NE$795 (+0.5%)
Anchorage, AK$1,313 (+1%)
Orlando, FL$1,358 (-0.3%)
Newark, NJ$1,646 (-3.1%)
Toledo, OH$735 (-1.7%)
Fort Wayne, IN$865 (-1.9%)
St. Petersburg, FL$1,450 (-0%)
Jersey City, NJ$2,681 (+3.3%)
Madison, WI$1,545 (-1.3%)
Reno, NV$1,265 (-2.6%)
Buffalo, NY$1,125 (+2.7%)
Richmond, VA$1,299 (-2.3%)
Boise, ID$1,239 (+1%)
Spokane, WA$1,050 (0%)
Baton Rouge, LA$854 (+2.3%)
Des Moines, IA$850 (-5%)
Fayetteville, NC$863 (-1.2%)
Birmingham, AL$915 (+0.8%)
Rochester, NY$1,201 (-3.9%)
Grand Rapids, MI$1,200 (-2%)
Huntsville, AL$770 (+1.3%)
Salt Lake City, UT$1,195 (+1.7%)
Augusta, GA$928 (-4.6%)
Akron, OH$820 (-0.6%)
Little Rock, AR$962 (+6.8%)
Tallahassee, FL$995 (+1.8%)
Sioux Falls, SD$932 (+2.2%)
Providence, RI$1,850 (0%)
Jackson, MS$879 (-4%)
Savannah, GA$1,663 (+9%)
Charleston, SC$2,306 (0%)
Cedar Rapids, IA$975 (-3.8%)
Fargo, ND$975 (+0.5%)
Hartford, CT$1,300 (-0.3%)
Ann Arbor, MI$1,450 (0%)
Manchester, NH$1,575 (-3.1%)
Billings, MT$1,348 (-3.4%)
Wilmington, DE-
Portland, ME-
Cheyenne, WY-
Charleston, WV-
Burlington, VT-

To download this data as a CSV, click .


Average Rent by State

Despite seasonal increases, Vermont is seeing year-over-year rent decline.

Renters in the Northeast rarely benefits from new housing booms that we see in other regions. Construction is expensive, space is limited, and laws are restrictive, meaning that housing costs are constantly rising. Seasonal increases in the Northeast tend to be larger, while seasonal rent drops are smaller. But in Vermont, there is a glimmer of hope for the housing supply. New apartment completions in 2024 and 2025, paired with softening housing demand, have finally given renters some relief in the Green Mountain State. That explains why the median asking rent price for a one-bedroom apartment is up 6% in June, aligned with seasonal demand, but down 8.5% YoY.

Delaware-
Hawaii$2,100 (+5%)
Puerto Rico-
Texas$1,040 (-2.2%)
Massachusetts$2,600 (0%)
Maryland$1,439 (+1.3%)
Iowa$853 (-2.1%)
Maine$1,393 (+3.2%)
Idaho$1,184 (+3%)
Michigan$1,028 (-0.5%)
Utah$1,150 (+2.6%)
Minnesota$1,180 (+0.5%)
Missouri$950 (+0.5%)
Illinois$2,090 (-0.2%)
Indiana$910 (-0.3%)
Mississippi$900 (0%)
Montana$1,314 (-4.7%)
Alaska$1,300 (-1%)
Alabama$880 (+0.6%)
Virginia$1,450 (+0.6%)
Arkansas$800 (+0.6%)
North Carolina$1,097 (-2.9%)
North Dakota$950 (+0.5%)
Nebraska$925 (-2.6%)
Rhode Island$1,700 (+0.3%)
Arizona$1,093 (+0%)
New Hampshire$1,650 (-2.3%)
New Jersey$2,149 (+1%)
Vermont$1,625 (+6%)
New Mexico$950 (0%)
Florida$1,395 (0%)
Nevada$1,200 (+1.2%)
Washington$1,630 (-1.2%)
New York$3,600 (+0.2%)
South Carolina$1,125 (-2.6%)
South Dakota$931 (+1.4%)
Wisconsin$1,295 (-0.4%)
Ohio$939 (-0.6%)
Georgia$1,234 (-0.1%)
Oklahoma$850 (+1.7%)
California$1,995 (0%)
West Virginia$795 (+2.4%)
Wyoming$900 (+0.3%)
Oregon$1,300 (-1.8%)
Kansas$783 (+1%)
Colorado$1,300 (0%)
Kentucky$895 (+1%)
Connecticut$1,700 (-2.7%)
Pennsylvania$1,304 (+0.7%)
Louisiana$985 (+0.4%)
Tennessee$1,022 (-2.3%)
Washington DC$2,215 (+0.7%)

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

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Austin Apartments

2,318 apartments starting at $500/month

Baltimore Apartments

1,116 apartments starting at $475/month

Boston Apartments

5,275 apartments starting at $400/month

Charlotte Apartments

1,339 apartments starting at $525/month

Chicago Apartments

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Dallas Apartments

2,564 apartments starting at $695/month

Fort Worth Apartments

1,408 apartments starting at $559/month

Houston Apartments

3,098 apartments starting at $595/month

Las Vegas Apartments

723 apartments starting at $700/month

Los Angeles Apartments

10,321 apartments starting at $601/month

Miami Apartments

457 apartments starting at $1,045/month

Milwaukee Apartments

1,038 apartments starting at $595/month

New York Apartments

3,852 apartments starting at $1,325/month

Oakland Apartments

423 apartments starting at $850/month

Orlando Apartments

490 apartments starting at $700/month

Philadelphia Apartments

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Phoenix Apartments

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Pittsburgh Apartments

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Portland Apartments

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Raleigh Apartments

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San Antonio Apartments

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San Diego Apartments

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San Francisco Apartments

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San Jose Apartments

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Seattle Apartments

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Tampa Apartments

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Washington DC Apartments

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