Rent Growth | Apartments.com

Explore the trends in rent growth.

Modern apartment buildings in Atlanta framed by trees

Rent Growth Plateaus in Q2, Despite Slowdown in New Supply

Even as the supply and demand gap continues to shrink, rent growth and vacancy have held steady, according to the latest CoStar data for the second quarter.

High-rise apartment buildings against the sky

Top 10 Multifamily Markets for Rent Growth as of June 2025

With national rent growth at 1.2 percent in the second quarter, some local markets are performing three to four times better than the national average. Here’s where rent growth has surged ahead.

Apartment building exterior against blue sky

Rent Growth Report: No Change in Rent Growth or Vacancy in First Quarter of 2025

Rent growth and vacancy continue to hold steady, according to the latest CoStar data for the first quarter. Asking rents remained at 1.1 percent nationally, while vacancy averaged 8.1 percent.

The Scout statue looks over the Kansas City skyline

February 10, 2025

Top 10 Multifamily Markets for Rent Growth as of February 2025

Which multifamily markets are expected to post the strongest rent growth in the first quarter of 2025? Major markets in the Midwest and Northeast lead the pack, with a few surprises from other parts of the country.

Looking up at buildings

January 8, 2025

Multifamily Industry Closes Year with 1% Rent Growth Nationwide

2024 saw a year of minimal rent growth and steady vacancy, despite a dramatic delivery of new supply and rise in demand. Here’s how different markets stacked up.

Apartment community at dusk

October 11, 2024

Supply-Demand Gap Shrinks in Third Quarter

The shrinking gap between multifamily supply and demand in the third quarter comes after nearly two years of decelerating rent growth and high vacancy.

Multifamily building against blue sky

Multifamily Vacancy Stabilizes in Q2, As Demand Rises

After an upward climb that began in 2022, the multifamily vacancy rate stayed stable in the second quarter of 2024. This is one of a few positive signs for the industry revealed in the latest data from CoStar.

Winner's trophy with apartment building in background

Rent Growth: Winners and Losers

No longer lagging behind, the Midwest and Northeast are now fighting their way to the top of rent growth charts. How did they end up here, and what’s behind the cloudy outlook for the Sun Belt? Get an overview of the regional and market-level trends, including the top 50 metros.

Apartment building with "Now leasing" sign and upward arrows

Top 12 Multifamily Markets for Rent Growth in Q2 2024

These dozen major markets are outperforming the nation, with asking rents rising by twice or three times the national average in the second quarter of 2024. And bucking regional trends, it’s not just Midwest and Northeast markets that are topping the list this quarter.

Windows on exterior of apartment building

Luxury Properties Continue to Struggle in First Quarter, Despite Upward Demand Creep

The first quarter of 2024 saw renter demand increase, though not by enough to meet historically high supply, especially in the high-end quality class.

Photo-illustration of rent decline

Top 10 Multifamily Markets Facing Largest Rent Declines

These 10 Sun Belt markets are struggling with the greatest year-over-year drops in asking rent in the country. This decline in the first quarter of 2024 is thanks to a mismatch between supply and demand.

Apartments framed by overcast sky

February Rent Growth Remains Sluggish

Rent growth continues to decelerate on both a monthly and annual basis, with only one region of the country seeing a slight uptick compared to January.

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