January 2025 Rental Report: Rent Steadies in January as Year-Over-Year Decline Moderates

January 2025 Rental Report: Rent Steadies in January as Year-Over-Year Decline Moderates

Highlights – For the 18th consecutive month, the median asking rent price across the top 50 metropolitan areas of the United States fell on a year-over-year basis. – The median asking rent picked up from December, reaching $1,703, and the rate of year-over-year decline moderated to -0.2%. – Rents remain significantly higher than they were
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