Residential rental market in the United States - statistics & facts

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Key insights

Median asking rent for unfurnished apartments
1,837 U.S. dollars
U.S. state with the highest rental growth
North Dakota
Number of renter-occupied housing units
45.5m

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Overview

Rental housing stock and supply

Renter profile

  • Premium Statistic Share of residents who are renters in the U.S. 2023, by age
  • Premium Statistic Living arrangements of renters in the U.S. 2023
  • Premium Statistic Size of renter households in the U.S. 2023
  • Premium Statistic Distribution of renters and owners in the U.S. 2023, by income
  • Premium Statistic Share of renters in the U.S. 2023, by structure type

Rental costs

  • Premium Statistic Asking rent for unfurnished apartments in the U.S. 1980-2024
  • Premium Statistic Average monthly apartment rent in the U.S. 2017-2025, by apartment size
  • Premium Statistic Rent for small and medium apartments in the U.S. 2025, by state
  • Premium Statistic One-bedroom apartment rent in the largest cities in the U.S. 2025
  • Premium Statistic Monthly rent for mobile homes in the U.S. 2010-2024
  • Premium Statistic Median monthly rent for senior housing in the U.S. 2024, by state
  • Premium Statistic Monthly rent of student housing in the U.S. 2024, by university

Rental costs in the largest cities

  • Premium Statistic Monthly apartment rent and rental growth in New York City, NY 2018-2025
  • Premium Statistic Monthly apartment rent and rental growth in Los Angeles, CA 2018-2025
  • Premium Statistic Monthly apartment rent and rental growth in Chicago, IL, 2018-2025
  • Premium Statistic Monthly apartment rent and rental growth in Houston, TX, 2018-2025
  • Premium Statistic Monthly apartment rent and rental growth in Phoenix, AZ, 2018-2025

Rental affordability and homeownership plans

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