Rents in the United States declined year-on-year for the first time in June 2023, after soaring for two years in a row. In November 2021, rents soared by over 18 percent annually - the highest increase on record. In December 2023, the average rent declined by about one percent from the same period one year ago. Despite the softening of the market, many states still experienced rising rents.
Year-on-year percentage change in the average monthly apartment rent in the United States from January 2018 to December 2023
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Apartment List. (November 28, 2023). Year-on-year percentage change in the average monthly apartment rent in the United States from January 2018 to December 2023 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1440289/average-annual-apartment-rent-change-usa/
Apartment List. "Year-on-year percentage change in the average monthly apartment rent in the United States from January 2018 to December 2023 ." Chart. November 28, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1440289/average-annual-apartment-rent-change-usa/
Apartment List. (2023). Year-on-year percentage change in the average monthly apartment rent in the United States from January 2018 to December 2023 . Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1440289/average-annual-apartment-rent-change-usa/
Apartment List. "Year-on-year Percentage Change in The Average Monthly Apartment Rent in The United States from January 2018 to December 2023 ." Statista, Statista Inc., 28 Nov 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1440289/average-annual-apartment-rent-change-usa/
Apartment List, Year-on-year percentage change in the average monthly apartment rent in the United States from January 2018 to December 2023 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1440289/average-annual-apartment-rent-change-usa/ (last visited November 10, 2024)
Year-on-year percentage change in the average monthly apartment rent in the United States from January 2018 to December 2023 [Graph], Apartment List, November 28, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1440289/average-annual-apartment-rent-change-usa/
