Yoy growth of multifamily rents in the 50 largest metros in the U.S. 2024

Published by Statista Research Department, May 13, 2024

In 2024, the average rent for rental apartments increased in 27 of the 50 U.S. metropolitan areas with the largest populations. Providence-Warwick, RI-MA was the metro with the highest rental growth, an annual increase of 5.12 percent as of April that year. Conversely, Austin-Round Rock-Georgetown, TX experienced the highest decline in rents, at 7.42 percent. 

Year-on-year growth of multifamily rents in the United States as of April 2024, by metropolitan area

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Release date

April 2024

Region

United States

Survey time period

April 2024

Special properties

50 metropolitan statistical areas with the largest population

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Multifamily homes in the U.S.U.S. housing marketAffordable housing in the U.S.Apartments in the U.S.Commercial real estate in the U.S.
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