ApartmentAdvisor National Rent Report

March 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

Nationally, rent is up MoM, but relatively stable year-over-year across most bedroom types.
The Mountain West is seeing a decline in rent prices due to an influx of supply.
Florida is the only state where rent is down month-over-month and year-over-year.

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 $1,559 in March 2025, 0.55% higher than the median national rent for February.

	Studio	1 Bed	2 Bed	3 Bed
Median Rent	$1,599	$1,559	$1,650	$1,991
1 Month Change	-0.1%	+0.6%	+1.4%	+2.1%
3 Month Change	+3.2%	+4.3%	+3.1%	+3.1%
1 Year Change	+5.2%	+0.6%	0%	-0.2%

Median Rents

Studio$1,599 (-0.1%)

1 Bedroom$1,559 (+0.6%)

2 Bedrooms$1,650 (+1.4%)

3 Bedrooms$1,991 (+2.1%)

Rent Prices Over Time in the U.S.

Key Findings

National Overview: The median rent price may be slowly climbing monthly, but asking prices are still relatively stable when compared with this time last year.

For those on the apartment hunt, it can look concerning when asking rent prices seem to be hiking up every month. When compared with this time last month, the median asking price for a one-bedroom apartment is up 0.6% — and it’s up 4.3% compared to three months ago. However, it’s important to zoom out and look at the bigger picture: When compared to this time last year, the national median asking rent price is only up 0.6% for one-bedroom apartments and it’s flat YoY for two-bedroom apartments. This bodes well for renters, who have faced numerous rent spikes over the years thanks to uncertainty caused by the pandemic.

Seasonal rent changes are normal and, for the most part, predictable. Rent typically climbs until the middle of peak renting season (around June and July for most of the country), and then slowly begins to fall again through winter. So, you can expect to see some more monthly rent growth for the next few months.

Regional Deep Dive: Thanks to a boom in residential construction, rent is down in the Mountain West.

As supply begins to meet demand in the Mountain West, rent prices are finally stabilizing. During the early days of the pandemic, many remote workers made the decision to move from large urban centers to smaller cities in search of more space, more affordable rent, and more opportunities to enjoy the great outdoors. The impact on the Mountain West region was a stark increase in demand, a lack of available rental properties, and a sharp increase in rental prices. Developers saw an opportunity in cities like Colorado Springs, CO, Denver, CO, Salt Lake City, UT, and Las Vegas, NV, starting new residential construction projects across the region that are finally hitting the market. This, coupled with the fact that migration to the region has slowed since the early 2020s, has resulted in the stabilization of rent prices.

Average Rent by City

Top 10 Most Expensive Cities to Rent an Apartment

1. New York, NY$3,495 (+2.9%)

2. San Francisco, CA$2,995 (0%)

3. Boston, MA$2,800 (+0.1%)

4. Jersey City, NJ$2,623 (-1.4%)

5. Washington, DC$2,250 (0%)

6. San Diego, CA$2,171 (-1.1%)

7. San Jose, CA$2,107 (+0.3%)

8. Los Angeles, CA$2,095 (0%)

9. Miami, FL$2,077 (-3.4%)

10. Charleston, SC$2,075 (-5.6%)

Rank #	City	Median Rent	1 Month Change	Rank Change
1	New York, NY	$3,495	+2.9%	-
2	San Francisco, CA	$2,995	0%	-
3	Boston, MA	$2,800	+0.1%	-
4	Jersey City, NJ	$2,623	-1.4%	-
5	Washington, DC	$2,250	0%	-
6	San Diego, CA	$2,171	-1.1%	↑1
7	San Jose, CA	$2,107	+0.3%	↑2
8	Los Angeles, CA	$2,095	0%	↑2
9	Miami, FL	$2,077	-3.4%	↓1
10	Charleston, SC	$2,075	-5.6%	↓4

Top 10 Least Expensive Cities to Rent an Apartment

1. Cedar Rapids, IA$647 (-10%)

2. Wichita, KS$665 (+2.3%)

3. Toledo, OH$690 (-0.4%)

4. El Paso, TX$745 (-5.7%)

5. Lincoln, NE$775 (0%)

6. Fort Wayne, IN$795 (0%)

7. Huntsville, AL$795 (-1%)

8. Akron, OH$800 (+3.2%)

9. Louisville, KY$833 (-2.1%)

10. Cleveland, OH$834 (-1%)

Rank #	City	Median Rent	1 Month Change	Rank Change
1	Cedar Rapids, IA	$647	-10%	↑2
2	Wichita, KS	$665	+2.3%	↓1
3	Toledo, OH	$690	-0.4%	↓1
4	El Paso, TX	$745	-5.7%	↑2
5	Lincoln, NE	$775	0%	↓1
6	Fort Wayne, IN	$795	0%	↑1
7	Huntsville, AL	$795	-1%	↑1
8	Akron, OH	$800	+3.2%	↓3
9	Louisville, KY	$833	-2.1%	↑2
10	Cleveland, OH	$834	-1%	-

Rent Prices in 100 Major Cities

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

New York, NY$3,495 (+2.9%)

Los Angeles, CA$2,095 (0%)

Chicago, IL$2,045 (+1%)

Houston, TX$1,260 (-2.1%)

Phoenix, AZ$1,225 (-1.9%)

Philadelphia, PA$1,350 (+1.9%)

San Antonio, TX$925 (0%)

San Diego, CA$2,171 (-1.1%)

Dallas, TX$1,400 (+2.2%)

San Jose, CA$2,107 (+0.3%)

Austin, TX$1,358 (-3.2%)

Jacksonville, FL$1,049 (-0.5%)

Fort Worth, TX$1,377 (+2%)

Columbus, OH$1,239 (+0.8%)

Charlotte, NC$1,594 (+5%)

San Francisco, CA$2,995 (0%)

Indianapolis, IN$869 (-3.3%)

Seattle, WA$1,795 (-0.3%)

Denver, CO$1,540 (-0.6%)

Washington, DC$2,250 (0%)

Boston, MA$2,800 (+0.1%)

El Paso, TX$745 (-5.7%)

Nashville, TN$1,425 (+5.6%)

Detroit, MI$950 (+1.3%)

Oklahoma City, OK$860 (-1.6%)

Portland, OR$1,400 (-1.3%)

Las Vegas, NV$1,100 (-4.1%)

Memphis, TN$850 (-4.5%)

Louisville, KY$833 (-2.1%)

Baltimore, MD$1,323 (+5.8%)

Milwaukee, WI$1,015 (+3.5%)

Albuquerque, NM$879 (-0.4%)

Tucson, AZ$899 (0%)

Fresno, CA$1,260 (-1.2%)

Sacramento, CA$1,495 (-0.1%)

Atlanta, GA$1,590 (+1.4%)

Kansas City, MO$1,104 (+5.1%)

Colorado Springs, CO$995 (0%)

Omaha, NE$902 (+0.2%)

Raleigh, NC$1,138 (+0.8%)

Miami, FL$2,077 (-3.4%)

Virginia Beach, VA$1,475 (+4.3%)

Oakland, CA$1,895 (0%)

Minneapolis, MN$1,095 (+4.3%)

Tulsa, OK$900 (+0.6%)

Tampa, FL$1,600 (+3.2%)

New Orleans, LA$1,325 (-0.9%)

Wichita, KS$665 (+2.3%)

Cleveland, OH$834 (-1%)

Honolulu, HI$1,900 (+2.7%)

Riverside, CA$1,795 (0%)

Corpus Christi, TX$999 (+1.2%)

Lexington, KY$850 (+3%)

St. Paul, MN$1,070 (+4%)

Cincinnati, OH$979 (+0.9%)

St. Louis, MO$850 (0%)

Pittsburgh, PA$1,225 (+2.1%)

Greensboro, NC$895 (-2.9%)

Lincoln, NE$775 (0%)

Anchorage, AK-

Orlando, FL$1,345 (+1.7%)

Newark, NJ-

Toledo, OH$690 (-0.4%)

Fort Wayne, IN$795 (0%)

St. Petersburg, FL$1,510 (-1.8%)

Jersey City, NJ$2,623 (-1.4%)

Madison, WI$1,555 (+4%)

Reno, NV$1,195 (+1.7%)

Buffalo, NY$1,148 (-4%)

Richmond, VA$1,255 (+0.4%)

Boise, ID$1,305 (-0.6%)

Spokane, WA$1,045 (+0.8%)

Baton Rouge, LA$844 (-6.3%)

Des Moines, IA$850 (-8.1%)

Fayetteville, NC$848 (-4.2%)

Birmingham, AL$898 (-0.5%)

Rochester, NY$1,159 (+1.2%)

Grand Rapids, MI$1,237 (+2.1%)

Huntsville, AL$795 (-1%)

Salt Lake City, UT$1,195 (0%)

Augusta, GA-

Akron, OH$800 (+3.2%)

Little Rock, AR$950 (+2.7%)

Tallahassee, FL$950 (0%)

Sioux Falls, SD$852 (-2.6%)

Providence, RI$1,689 (-4.4%)

Jackson, MS-

Savannah, GA$1,600 (-1.3%)

Charleston, SC$2,075 (-5.6%)

Cedar Rapids, IA$647 (-10%)

Fargo, ND$950 (-4.2%)

Hartford, CT$1,250 (+0%)

Ann Arbor, MI$1,497 (-6.5%)

Manchester, NH$1,569 (-0.3%)

Billings, MT-

Wilmington, DE-

Portland, ME-

Cheyenne, WY-

Charleston, WV-

Burlington, VT-

City	Population	Median Rent	1 Month Change	1 Year Change
New York, NY	8,336,820	$3,495	+2.9%	+2.1%
Los Angeles, CA	3,979,580	$2,095	0%	-0.2%
Chicago, IL	2,693,980	$2,045	+1%	+10.5%
Houston, TX	2,320,270	$1,260	-2.1%	-2%
Phoenix, AZ	1,680,990	$1,225	-1.9%	-2%
Philadelphia, PA	1,584,060	$1,350	+1.9%	-3.6%
San Antonio, TX	1,547,250	$925	0%	-2.6%
San Diego, CA	1,423,850	$2,171	-1.1%	-1.3%
Dallas, TX	1,343,570	$1,400	+2.2%	+3.7%
San Jose, CA	1,021,800	$2,107	+0.3%	+4.5%
Austin, TX	978,908	$1,358	-3.2%	-2.6%
Jacksonville, FL	911,507	$1,049	-0.5%	-3.7%
Fort Worth, TX	909,585	$1,377	+2%	+1.9%
Columbus, OH	898,553	$1,239	+0.8%	+12.7%
Charlotte, NC	885,708	$1,594	+5%	+6.2%
San Francisco, CA	881,549	$2,995	0%	+4%
Indianapolis, IN	876,384	$869	-3.3%	+2.2%
Seattle, WA	753,675	$1,795	-0.3%	0%
Denver, CO	727,211	$1,540	-0.6%	+1.8%
Washington, DC	705,749	$2,250	0%	-3.9%
Boston, MA	692,600	$2,800	+0.1%	0%
El Paso, TX	681,728	$745	-5.7%	-12.4%
Nashville, TN	670,820	$1,425	+5.6%	+1.8%
Detroit, MI	670,031	$950	+1.3%	+5%
Oklahoma City, OK	655,057	$860	-1.6%	-3.9%
Portland, OR	654,741	$1,400	-1.3%	+0.4%
Las Vegas, NV	651,319	$1,100	-4.1%	-4.5%
Memphis, TN	651,073	$850	-4.5%	0%
Louisville, KY	617,638	$833	-2.1%	-4.9%
Baltimore, MD	593,490	$1,323	+5.8%	+7.2%
Milwaukee, WI	590,157	$1,015	+3.5%	+5.2%
Albuquerque, NM	560,513	$879	-0.4%	+0.5%
Tucson, AZ	548,073	$899	0%	+0.1%
Fresno, CA	531,576	$1,260	-1.2%	+5%
Sacramento, CA	513,624	$1,495	-0.1%	+1.4%
Atlanta, GA	506,811	$1,590	+1.4%	+0.9%
Kansas City, MO	495,327	$1,104	+5.1%	+4.7%
Colorado Springs, CO	478,221	$995	0%	-5.7%
Omaha, NE	478,192	$902	+0.2%	+0.8%
Raleigh, NC	474,069	$1,138	+0.8%	-4.6%
Miami, FL	467,963	$2,077	-3.4%	-1.3%
Virginia Beach, VA	449,974	$1,475	+4.3%	+2.8%
Oakland, CA	433,031	$1,895	0%	0%
Minneapolis, MN	429,606	$1,095	+4.3%	+7.5%
Tulsa, OK	401,190	$900	+0.6%	+5.9%
Tampa, FL	399,700	$1,600	+3.2%	+6.7%
New Orleans, LA	390,144	$1,325	-0.9%	+6%
Wichita, KS	389,938	$665	+2.3%	-5%
Cleveland, OH	381,009	$834	-1%	-6.8%
Honolulu, HI	345,064	$1,900	+2.7%	-2.6%
Riverside, CA	331,360	$1,795	0%	+5%
Corpus Christi, TX	326,586	$999	+1.2%	-16.1%
Lexington, KY	323,152	$850	+3%	0%
St. Paul, MN	308,096	$1,070	+4%	+8.5%
Cincinnati, OH	303,940	$979	+0.9%	+4.7%
St. Louis, MO	300,576	$850	0%	-2.9%
Pittsburgh, PA	300,286	$1,225	+2.1%	+6.5%
Greensboro, NC	296,710	$895	-2.9%	+0.7%
Lincoln, NE	289,102	$775	0%	+3.3%
Anchorage, AK	288,000	-	-	-
Orlando, FL	287,442	$1,345	+1.7%	-3.9%
Newark, NJ	282,011	-	-	-
Toledo, OH	272,779	$690	-0.4%	-1.1%
Fort Wayne, IN	270,402	$795	0%	+2.6%
St. Petersburg, FL	265,351	$1,510	-1.8%	+2.4%
Jersey City, NJ	262,075	$2,623	-1.4%	+9.3%
Madison, WI	259,680	$1,555	+4%	+3.7%
Reno, NV	255,601	$1,195	+1.7%	-0.8%
Buffalo, NY	255,284	$1,148	-4%	-0.1%
Richmond, VA	230,436	$1,255	+0.4%	-2.6%
Boise, ID	228,959	$1,305	-0.6%	+2.3%
Spokane, WA	222,081	$1,045	+0.8%	+0.9%
Baton Rouge, LA	220,236	$844	-6.3%	+12.5%
Des Moines, IA	214,237	$850	-8.1%	-5%
Fayetteville, NC	211,657	$848	-4.2%	-0.3%
Birmingham, AL	209,403	$898	-0.5%	-2.4%
Rochester, NY	205,695	$1,159	+1.2%	+18.2%
Grand Rapids, MI	201,013	$1,237	+2.1%	+1.6%
Huntsville, AL	200,574	$795	-1%	-1.4%
Salt Lake City, UT	200,567	$1,195	0%	-3.8%
Augusta, GA	197,888	-	-	-
Akron, OH	197,597	$800	+3.2%	+6.7%
Little Rock, AR	197,312	$950	+2.7%	+17.3%
Tallahassee, FL	194,500	$950	0%	0%
Sioux Falls, SD	183,793	$852	-2.6%	+3.3%
Providence, RI	179,883	$1,689	-4.4%	-0.8%
Jackson, MS	160,628	-	-	-
Savannah, GA	144,464	$1,600	-1.3%	+11%
Charleston, SC	137,566	$2,075	-5.6%	-6.7%
Cedar Rapids, IA	133,562	$647	-10%	-23.4%
Fargo, ND	124,662	$950	-4.2%	+6.1%
Hartford, CT	122,105	$1,250	+0%	+3.5%
Ann Arbor, MI	119,980	$1,497	-6.5%	-16.8%
Manchester, NH	112,673	$1,569	-0.3%	+4.6%
Billings, MT	109,577	-	-	-
Wilmington, DE	70,166	-	-	-
Portland, ME	66,215	-	-	-
Cheyenne, WY	64,235	-	-	-
Charleston, WV	46,536	-	-	-
Burlington, VT	42,819	-	-	-

To download this data as a CSV, click .

Average Rent by State

Florida is the only state where rent is down YoY and MoM.

There’s few states in the country where the housing market supply overwhelmingly meets (and even exceeds) demand, but Florida is one of them. While markets in Florida are seeing plenty of population growth — particularly the Ocala, Panama City, Lakeland, and Port St. Lucie metro areas this past year — a spurt in multifamily residential construction has not only prevented rent increases, but actually caused sizable decreases and concessions. According to our data, the asking median rent price for a one-bedroom apartment is down 0.4% MoM and 3.1% MoM at the state level. The Floridian rental market with the biggest year-over-year rent drop that we track was Orlando (-3.9% YoY), followed by Jacksonville (-3.7%).

State	Median Rent	1 Month Change	1 Year Change
Delaware	-	-	-
Hawaii	$1,900	0%	0%
Texas	$1,100	+0.1%	-4.3%
Massachusetts	$2,533	+1.8%	+0.6%
Maryland	$1,415	+1.4%	+3.1%
Iowa	$845	-3.1%	+4.3%
Maine	$1,425	+5.6%	+5.6%
Idaho	$1,211	-3.1%	+1.3%
Michigan	$1,016	+1.6%	+6.9%
Utah	$1,100	+0.4%	-7.2%
Minnesota	$1,121	+1.9%	+6.7%
Missouri	$850	-2.9%	+2.2%
Illinois	$1,795	+1%	+8.2%
Indiana	$899	-0.1%	+2.4%
Mississippi	$987	+4.8%	+23.7%
Montana	$1,195	+1.7%	+3.9%
Alaska	$1,275	+2%	+1.9%
Alabama	$865	-1.1%	+1.8%
Virginia	$1,350	+0.4%	+2.3%
Arkansas	$790	+1.9%	+7.7%
North Carolina	$1,100	-0.2%	+0.3%
North Dakota	$858	-9.5%	+7.6%
Nebraska	$872	+2%	+0.8%
Rhode Island	$1,550	+0.2%	-2%
Arizona	$1,150	0%	-2.1%
New Hampshire	$1,676	+3.8%	+7.2%
New Jersey	$2,100	+1.3%	-6.7%
Vermont	$1,750	+8.7%	+14.8%
New Mexico	$900	0%	+5.9%
Florida	$1,425	-0.4%	-3.1%
Nevada	$1,151	+0.1%	-2%
Washington	$1,595	+0.9%	+2.1%
New York	$3,300	+3.1%	+3.1%
South Carolina	$1,150	0%	+3.1%
South Dakota	$895	-0.6%	+2.7%
Wisconsin	$1,216	+3.5%	+13.1%
Ohio	$900	+0.6%	+3.3%
Georgia	$1,263	+1%	-1.7%
Oklahoma	$845	-0.5%	+2.4%
California	$1,995	0%	-0.3%
West Virginia	$750	+11.1%	+7.1%
Wyoming	-	-	-
Oregon	$1,350	0%	+1%
Kansas	$748	-0.1%	+0.4%
Colorado	$1,375	+1.8%	+1.5%
Kentucky	$845	+1.9%	-0.6%
Connecticut	$1,700	0%	+4.6%
Pennsylvania	$1,215	+1.3%	+5.7%
Louisiana	$951	-0.8%	+18.8%
Tennessee	$1,006	+0.6%	-6.7%
Washington DC	$2,250	0%	-3.9%

Delaware-

Hawaii$1,900 (0%)

Texas$1,100 (+0.1%)

Massachusetts$2,533 (+1.8%)

Maryland$1,415 (+1.4%)

Iowa$845 (-3.1%)

Maine$1,425 (+5.6%)

Idaho$1,211 (-3.1%)

Michigan$1,016 (+1.6%)

Utah$1,100 (+0.4%)

Minnesota$1,121 (+1.9%)

Missouri$850 (-2.9%)

Illinois$1,795 (+1%)

Indiana$899 (-0.1%)

Mississippi$987 (+4.8%)

Montana$1,195 (+1.7%)

Alaska$1,275 (+2%)

Alabama$865 (-1.1%)

Virginia$1,350 (+0.4%)

Arkansas$790 (+1.9%)

North Carolina$1,100 (-0.2%)

North Dakota$858 (-9.5%)

Nebraska$872 (+2%)

Rhode Island$1,550 (+0.2%)

Arizona$1,150 (0%)

New Hampshire$1,676 (+3.8%)

New Jersey$2,100 (+1.3%)

Vermont$1,750 (+8.7%)

New Mexico$900 (0%)

Florida$1,425 (-0.4%)

Nevada$1,151 (+0.1%)

Washington$1,595 (+0.9%)

New York$3,300 (+3.1%)

South Carolina$1,150 (0%)

South Dakota$895 (-0.6%)

Wisconsin$1,216 (+3.5%)

Ohio$900 (+0.6%)

Georgia$1,263 (+1%)

Oklahoma$845 (-0.5%)

California$1,995 (0%)

West Virginia$750 (+11.1%)

Wyoming-

Oregon$1,350 (0%)

Kansas$748 (-0.1%)

Colorado$1,375 (+1.8%)

Kentucky$845 (+1.9%)

Connecticut$1,700 (0%)

Pennsylvania$1,215 (+1.3%)

Louisiana$951 (-0.8%)

Tennessee$1,006 (+0.6%)

Washington DC$2,250 (0%)

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

1,914 apartments starting at $700/month

Austin Apartments

6,925 apartments starting at $600/month

Baltimore Apartments

1,494 apartments starting at $640/month

Boston Apartments

5,617 apartments starting at $425/month

Charlotte Apartments

3,159 apartments starting at $570/month

Chicago Apartments

5,214 apartments starting at $619/month

Dallas Apartments

5,547 apartments starting at $625/month

Fort Worth Apartments

2,735 apartments starting at $695/month

Houston Apartments

5,727 apartments starting at $500/month

Las Vegas Apartments

976 apartments starting at $750/month

Los Angeles Apartments

12,176 apartments starting at $750/month

Miami Apartments

581 apartments starting at $1,200/month

Milwaukee Apartments

1,153 apartments starting at $475/month

New York Apartments

9,049 apartments starting at $600/month

Oakland Apartments

927 apartments starting at $850/month

Orlando Apartments

881 apartments starting at $895/month

Philadelphia Apartments

3,524 apartments starting at $500/month

Phoenix Apartments

3,616 apartments starting at $672/month

Pittsburgh Apartments

1,417 apartments starting at $550/month

Portland Apartments

2,310 apartments starting at $495/month

Raleigh Apartments

1,523 apartments starting at $550/month

San Antonio Apartments

3,843 apartments starting at $525/month

San Diego Apartments

2,902 apartments starting at $825/month

San Francisco Apartments

682 apartments starting at $500/month

San Jose Apartments

509 apartments starting at $1,100/month

Seattle Apartments

3,480 apartments starting at $452/month

Tampa Apartments

809 apartments starting at $850/month

Washington DC Apartments

2,227 apartments starting at $900/month