U.S. Single-Family Rent Index – June 2024

United States rents posted a year-over-year gain of 3% in April, continuing to level off. This is mean while attached rental gains saw losses for the second straight month, at -0.5%, and detached gains were slightly stronger than the national average.

According to CoreLogic, St. Louis topped the U.S. for annual rent growth in April and is currently the least-expensive tracked market, with the median monthly rent for a three-bedroom property at just more than $1,600. The other four markets in the top five for growth all have median rents higher than $3,200.

Read More