In the ever-evolving U.S. rental market, the cities with the highest average rents are no longer as predictable as they once seemed. What was long considered the unquestioned rental-cost leader New York City is now sharing or losing ground, and that shift sends important signals for tenants, landlords, and property management professionals alike. The following […]
Across much of the United States, renters are finally catching a long-awaited break. After years of rapid price increases fueled by inflation, supply shortages, migration waves, and aggressive demand rent growth is cooling. In many major metros, rents are either flattening or steadily declining, giving renters some room to breathe. But this national trend comes
The affordability crisis in America’s rental housing market continues to deepen and the latest data confirms it. Harvard University’s Joint Center for Housing Studies (JCHS) released an update to its American Rental Housing Report, revealing a sharp and steady rise in cost-burdened renters across the country. Novogradac’s summary of the findings underscores a troubling reality:
In the ever-evolving U.S. rental market, the cities with the highest average rents are no longer as predictable as they once seemed. What was long considered the unquestioned rental-cost leader New York City is now sharing or losing ground, and that shift sends important signals for tenants, landlords, and property management professionals alike. The following
Los Angeles is no stranger to high rents but 2025 has pushed the city into an even more alarming category. According to a recent report highlighted by Daily Breeze, L.A.’s rent increases are running at double the national average, widening the affordability gap and intensifying housing pressures for millions of Angelenos. This trend isn’t just
After several years of intense rent spikes, bidding wars, and affordability pressure, the U.S. rental market is finally cooling and the shift is significant. According to a new report featured by AOL Finance, the median asking rent in the U.S. has dropped nearly 5% since hitting its peak in 2022. This marks one of the
