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June 2. 01. 7 United States Rent Report. Methodology Updates. Apartment List is committed to making our rent estimates the best and most accurate available, and as part of our efforts toward that goal, we’ve made some changes to our methodology. Data from private listing sites, including our own, tends to skew towards luxury apartments, introducing sample bias. In calculating that growth rate, we use a same- unit analysis similar to Case- Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country. We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions. You can read more about our new methodology here. ![]() Welcome to the June 2. National Apartment List Rent Report! Our national rent index has increased in each month this year so far, with month- over- month growth coming in at 0. ![]() ![]() May. This month, we’re introducing some major updates to our methodology which we believe improve the accuracy of our estimates. Read on for an analysis of the trends we’re seeing this month: National index up 0. Following a sustained stretch of flat to declining rent growth for much of 2. Rents grew at a rate of 0. April and May, leveling off slightly from the 0. March and April. Year- over- year growth at the national level currently stands at 2. May 2. 01. 5. Given the steady price increases we’ve been seeing over the past few months, it seems that the trend of lowered growth that we saw last year has reversed itself. Our national rent index has already increased more in 2. December 2. 01. 6 level. We’re now beginning to enter the busy season for renting, which means that we’ll likely see rents continue to rise over the next few months; based on the seasonal trend that we’ve seen in previous years, rents could increase by another 1. Read the latest real estate news, find homes for sale, and get advice from leading real estate experts for homebuyers, homeowners and sellers. Cities in ZIP code 10001. The cities below are at least partially located in ZIP code 10001. In addition to the primary city for a ZIP code, USPS also publishes a. Rents up year- over- year in 8. In addition to the growth the national level, rents are increasing in most of the nations biggest markets – the map below show’s year- over- year rent growth for the nation’s 1. Note that 8. 8 of the nation’s 1. Some individual markets are seeing substantial increases, with 3. The chart below shows how rents have changed over the past year for the five cities with the largest increases: Arlington, TX saw the fastest growth, with an 8. Arlington is roughly a 3. Dallas, and that entire metro area has been experiencing rapid growth. Most of the Dallas area cities that we have data for experienced rent growth above the national average, for example, rents are up 4. Fort Worth and 3. Dallas proper. The Seattle metro area is experiencing a similar trend – Tacoma makes our list for fastest rent growth with an increase of 6. Seattle proper and 4. Bellevue. Rents falling on the Gulf Coast of Texas. Despite the overall trend of price increases, there are still some places where renters are getting some relief. Only 1. 2 of the 1. The chart below shows trends for the five cities where rents declined most: Anchorage continues to top this list, with rents declining by 6. Notably, the Texas gulf coast cities of Houston and Corpus Christi have both experienced declines of close to 3% over the past year. And as always, feel free to contact us with any questions! City Name. Median 1 BR price. Median 2 BR price. M/M price change. Y/Y price change. San Francisco, CA$2,4. San Jose, CA$2,0. New York, NY$2,0. Boston, MA$1,6. 76$2,0. Anaheim, CA$1,5. 92$2,0. San Diego, CA$1,5. Jersey City, NJ$1,6. Stamford, CT$1,4. Santa Ana, CA$1,4. Long Beach, CA$1,3. Los Angeles, CA$1,3. Seattle, WA$1,3. 33$1,6. Vancouver, WA$1,3. Washington, DC$1,3. Aurora, CO$1,2. 08$1,5. Tacoma, WA$1,2. 02$1,4. Fort Lauderdale, FL$1,1. Newark, NJ$1,1. 78$1,4. Austin, TX$1,1. 25$1,3. Portland, OR$1,1. Miami, FL$1,0. 62$1,3. Denver, CO$1,0. 38$1,3. Chicago, IL$1,0. 85$1,2. Riverside, CA$1,0. Virginia Beach, VA$1,0. Providence, RI$9. Baltimore, MD$9. 54$1,1. St. Paul, MN$9. 47$1,1. Tampa, FL$9. 55$1,1. Orlando, FL$9. 91$1,1. Colorado Springs, CO$9. Irving, TX$9. 49$1,1. Arlington, TX$9. 40$1,1. Sacramento, CA$9. Philadelphia, PA$9. Atlanta, GA$9. 96$1,1. Minneapolis, MN$9. St. Petersburg, FL$9. Fort Worth, TX$9. Nashville, TN$9. 09$1,1. Reno, NV$8. 56$1,1. Raleigh, NC$9. 59$1,1. Charlotte, NC$9. 39$1,0. Dallas, TX$8. 80$1,0. Anchorage, AK$8. 53$1,0. Las Vegas, NV$8. 72$1,0. Durham, NC$9. 02$1,0. San Antonio, TX$8. Mesa, AZ$8. 32$1,0. Jacksonville, FL$8. San Bernardino, CA$8. Phoenix, AZ$8. 15$1,0. Salt Lake City, UT$8. Corpus Christi, TX$8. Richmond, VA$8. 64$9. Fresno, CA$7. 96$9. Houston, TX$8. 11$9. Madison, WI$8. 14$9. Tallahassee, FL$7. New Orleans, LA$7. Norfolk, VA$7. 88$9. Baton Rouge, LA$8. Columbus, OH$7. 32$9. Omaha, NE$7. 52$9. St. Louis, MO$7. 21$9. Mobile, AL$7. 60$9. Pittsburgh, PA$7. Birmingham, AL$7. Rochester, NY$7. 41$9. Bakersfield, CA$7. Tucson, AZ$6. 84$9. Knoxville, TN$7. 37$9. Kansas City, MO$7. Milwaukee, WI$7. 20$8. Grand Rapids, MI$7. Boise, ID$6. 91$8. Detroit, MI$6. 78$8. Little Rock, AR$7. Lexington, KY$6. 68$8. Albuquerque, NM$6. Louisville, KY$6. Buffalo, NY$6. 96$8. Lincoln, NE$6. 42$8. Montgomery, AL$6. Indianapolis, IN$6. Greensboro, NC$7. El Paso, TX$6. 78$8. Tulsa, OK$6. 38$8. Cincinnati, OH$6. Memphis, TN$6. 94$8. Oklahoma City, OK$6. Des Moines, IA$6. Cleveland, OH$6. 32$7. Winston- Salem, NC$6. Huntsville, AL$6. Columbus, GA$6. 33$7. Toledo, OH$5. 80$7. Fayetteville, NC$6. Wichita, KS$5. 64$7. Fort Wayne, IN$5. Check out our rent reports for the following cities: Atlanta, GAAustin, TXBaltimore, MDBoston, MABoulder, COCharlotte, NCChicago, ILCleveland, OHColorado Springs, CODallas, TXDenver, CODetroit, MIFort Collins, COFort Lauderdale, FLHouston, TXIndianapolis, INJacksonville, FLLos Angeles, CAMiami, FLMinneapolis, MNNew York, NYOrlando, FLPhoenix, AZRaleigh, NCSan Antonio, TXSan Diego, CASan Francisco, CASan Jose, CASeattle, WATallahassee, FLTampa, FLTucson, AZWashington, DCIf you would like to get future updates from Apartment List Rentonomics, please subscribe to our email list. Methodology: Apartment List Rent Report data is drawn monthly from the millions of listings on our site. Price changes are calculated using a “same unit” methodology similar to the Case- Shiller “repeat sales” home prices methodology, taking the average price change for units available across both time periods. For top city rankings, we calculated median 1- bedroom and 2- bedroom rents in 1. About Apartment List Rent Reports: Apartment List’s Rent Reports cover rental pricing data in major cities, their suburbs, and their neighborhoods. We provide valuable leading indicators of rental price trends, highlight data on top cities, and identify the key facts renters should know. As always, our goal is to provide price transparency to America’s 1. Apartment List publishes Rent Reports during the first calendar week of each month.
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