RENT FORECAST

Rent forecast by city for 2027

Where typical rent is heading in 30 US cities, on the current trend.

Rent is falling in 25 of these 30 cities. Each row is a city's typical asking rent, the trend in its ZIP-level median rents since mid-2024, and where that trend puts rent in 2027. Pick a city for rent by bedroom count and by ZIP code.

Cities by rent trend

Typical asking rent and trend from RentCast, fastest-rising first; 2027 projected on the trend
CityTypical rentTrend a year2027 projected
Milwaukee, WI$1,210/mo+3.4%$1,250/mo
New York, NY$3,690/mo+2.5%$3,785/mo
Indianapolis, IN$1,430/mo+2.0%$1,460/mo
Chicago, IL$2,125/mo+1.9%$2,165/mo
Detroit, MI$1,245/mo+0.2%$1,250/mo
Houston, TX$1,880/mo-0.1%$1,880/mo
Boston, MA$3,050/mo-0.3%$3,040/mo
Memphis, TN$1,370/mo-0.5%$1,365/mo
Fresno, CA$1,890/mo-0.8%$1,875/mo
Philadelphia, PA$1,475/mo-1.0%$1,460/mo
Nashville, TN$2,150/mo-1.0%$2,130/mo
Jacksonville, FL$1,740/mo-1.0%$1,720/mo
San Diego, CA$3,190/mo-1.2%$3,150/mo
Sacramento, CA$2,035/mo-1.3%$2,010/mo
Albuquerque, NM$1,445/mo-1.4%$1,425/mo
Louisville, KY$1,555/mo-1.7%$1,530/mo
Las Vegas, NV$1,790/mo-1.9%$1,755/mo
Baltimore, MD$1,640/mo-2.2%$1,605/mo
Charlotte, NC$1,790/mo-2.6%$1,745/mo
San Antonio, TX$1,570/mo-2.8%$1,525/mo
Dallas, TX$1,455/mo-3.2%$1,410/mo
Denver, CO$1,895/mo-3.3%$1,830/mo
Washington, DC$2,465/mo-4.0%$2,365/mo
Phoenix, AZ$1,515/mo-4.7%$1,445/mo
Austin, TX$1,705/mo-5.6%$1,610/mo
Portland, OR$1,585/mo-5.7%$1,495/mo
Los Angeles, CA$2,505/mo-6.6%$2,340/mo
Columbus, OH$1,335/mo-6.7%$1,245/mo
Tucson, AZ$1,060/mo-7.3%$985/mo
Seattle, WA$1,895/mo-7.8%$1,745/mo

A trend measured over about two years can turn: new apartment supply, local jobs, and interest rates all move rents. Treat the 2027 figure as a direction, not a quote.

Source: RentCast market data for each city's most populous ZIP codes, counting only ZIPs with at least 20 active listings; home value trends also use the Federal Housing Finance Agency's ZIP-level house price index. RentCast data as of October 14, 2026. How Predictye calculates this.

More cities: HUD Fair Market Rents

155 more cities of 150,000+ people, from federal data: the Census Bureau's American Community Survey, HUD Fair Market Rents. These are survey and index figures that trail the market and have no ZIP-code detail, so they sit in their own table rather than alongside the listing-based figures above.

2-bedroom Fair Market Rent for each city's HUD area, FY2027, biggest increase first; median rent from Census ACS 2024
CityMedian rent (2024)2-bed FMR FY2027FMR change
Fayetteville, NC$1,372/mo$1,476/mo+18.0%
Port St. Lucie, FL$2,133/mo$2,069/mo+17.8%
Stockton, CA$1,635/mo$2,015/mo+15.7%
Kansas City, MO$1,292/mo$1,546/mo+13.8%
Overland Park, KS$1,591/mo$1,546/mo+13.8%
Kansas City, KS$1,232/mo$1,546/mo+13.8%
Montgomery, AL$1,110/mo$1,150/mo+13.2%
Aurora, IL$1,632/mo$2,011/mo+12.9%
Naperville, IL$1,913/mo$2,011/mo+12.9%
Joliet, IL$1,278/mo$2,011/mo+12.9%
Fort Wayne, IN$1,051/mo$1,248/mo+12.1%
Bakersfield, CA$1,708/mo$1,656/mo+11.7%
Columbus, GA$1,177/mo$1,212/mo+11.4%
Lexington, KY$1,281/mo$1,416/mo+11.3%
New Orleans, LA$1,310/mo$1,480/mo+11.2%
St. Louis, MO$1,044/mo$1,349/mo+10.8%
Providence, RI$1,429/mo$1,879/mo+8.7%
Birmingham, AL$1,206/mo$1,375/mo+8.6%
Arlington, VA$2,347/mo$2,438/mo+8.5%
Alexandria, VA$2,110/mo$2,438/mo+8.5%
Salem, OR$1,507/mo$1,692/mo+8.5%
Winston-Salem, NC$1,271/mo$1,332/mo+8.1%
Lincoln, NE$1,122/mo$1,230/mo+7.8%
Pittsburgh, PA$1,304/mo$1,389/mo+6.9%
Cincinnati, OH$1,115/mo$1,442/mo+6.6%
Grand Rapids, MI$1,362/mo$1,630/mo+6.5%
Toledo, OH$908/mo$1,145/mo+6.4%
Sioux Falls, SD$1,105/mo$1,228/mo+6.2%
Omaha, NE$1,229/mo$1,450/mo+6.0%
Buffalo, NY$1,142/mo$1,423/mo+6.0%
Lubbock, TX$1,236/mo$1,241/mo+5.6%
Charleston, SC$1,887/mo$1,884/mo+5.4%
Augusta, GA$1,328/mo$1,329/mo+5.4%
Tallahassee, FL$1,369/mo$1,424/mo+5.3%
Miami, FL$1,975/mo$2,564/mo+5.3%
Hialeah, FL$1,913/mo$2,564/mo+5.3%
Mobile, AL$1,136/mo$1,139/mo+5.2%
Tacoma, WA$1,723/mo$2,064/mo+4.7%
Corpus Christi, TX$1,269/mo$1,421/mo+4.0%
Murfreesboro, TN$1,680/mo$1,798/mo+3.9%
Aurora, CO$1,932/mo$2,169/mo+3.8%
Lakewood, CO$1,853/mo$2,169/mo+3.8%
Des Moines, IA$1,107/mo$1,360/mo+3.2%
San Francisco, CA$2,448/mo$3,697/mo+2.6%
Modesto, CA$1,822/mo$1,803/mo+2.6%
Huntsville, AL$1,241/mo$1,341/mo+2.4%
Long Beach, CA$1,962/mo$2,964/mo+2.1%
Santa Clarita, CA$2,596/mo$2,964/mo+2.1%
Glendale, CA$2,221/mo$2,964/mo+2.1%
Lancaster, CA$1,931/mo$2,964/mo+2.1%
Palmdale, CA$1,869/mo$2,964/mo+2.1%
Yonkers, NY$1,789/mo$2,971/mo+2.1%
Durham, NC$1,670/mo$1,745/mo+2.0%
Bellevue, WA$2,496/mo$2,549/mo+1.9%
Springfield, MO$1,007/mo$1,113/mo+1.6%
Oklahoma City, OK$1,178/mo$1,264/mo+1.6%
Fort Collins, CO$1,720/mo$1,759/mo+1.6%
Minneapolis, MN$1,340/mo$1,734/mo+1.5%
St. Paul, MN$1,247/mo$1,734/mo+1.5%
Fort Worth, TX$1,630/mo$1,745/mo+1.3%
Arlington, TX$1,594/mo$1,745/mo+1.3%
Newark, NJ$1,475/mo$2,233/mo+1.3%
Jersey City, NJ$2,182/mo$2,792/mo+1.0%
Tulsa, OK$1,099/mo$1,229/mo+1.0%
Knoxville, TN$1,289/mo$1,475/mo+0.3%
Macon, GA$1,132/mo$1,309/mo+0.2%
Amarillo, TX$1,123/mo$1,107/mo+0.1%
Richmond, VA$1,451/mo$1,651/mo-0.2%
Santa Rosa, CA$2,133/mo$2,819/mo-0.3%
Laredo, TX$1,062/mo$1,157/mo-0.3%
Cleveland, OH$961/mo$1,274/mo-0.4%
Brownsville, TX$982/mo$1,042/mo-0.5%
Fort Lauderdale, FL$1,953/mo$2,321/mo-0.5%
Pembroke Pines, FL$2,373/mo$2,321/mo-0.5%
Hollywood, FL$1,886/mo$2,321/mo-0.5%
Worcester, MA$1,614/mo$2,043/mo-0.6%
Orlando, FL$1,841/mo$1,959/mo-0.7%
Reno, NV$1,654/mo$1,837/mo-1.8%
Paterson, NJ$1,650/mo$2,282/mo-1.8%
Little Rock, AR$1,136/mo$1,121/mo-2.3%
Vancouver, WA$1,767/mo$1,878/mo-2.3%
Elk Grove, CA$2,352/mo$2,201/mo-2.4%
Roseville, CA$2,146/mo$2,201/mo-2.4%
Spokane, WA$1,341/mo$1,494/mo-2.4%
Virginia Beach, VA$1,753/mo$1,667/mo-2.7%
Chesapeake, VA$1,630/mo$1,667/mo-2.7%
Norfolk, VA$1,417/mo$1,667/mo-2.7%
Newport News, VA$1,437/mo$1,667/mo-2.7%
Henderson, NV$1,863/mo$1,686/mo-2.8%
North Las Vegas, NV$1,902/mo$1,686/mo-2.8%
Enterprise, NV$2,090/mo$1,686/mo-2.8%
Spring Valley, NV$1,814/mo$1,686/mo-2.8%
Sunrise Manor, NV$1,579/mo$1,686/mo-2.8%
Paradise, NV$1,419/mo$1,686/mo-2.8%
Clarksville, TN$1,356/mo$1,307/mo-2.9%
Akron, OH$968/mo$1,231/mo-2.9%
Tampa, FL$1,898/mo$1,917/mo-3.0%
St. Petersburg, FL$1,805/mo$1,917/mo-3.0%
Atlanta, GA$1,765/mo$1,762/mo-3.2%
Raleigh, NC$1,661/mo$1,689/mo-3.5%
Cary, NC$1,820/mo$1,689/mo-3.5%
Chattanooga, TN$1,396/mo$1,340/mo-3.6%
Oakland, CA$2,008/mo$2,805/mo-3.7%
Fremont, CA$2,914/mo$2,805/mo-3.7%
Hayward, CA$2,333/mo$2,805/mo-3.7%
El Paso, TX$1,066/mo$1,146/mo-3.8%
Honolulu, HI$1,815/mo$2,542/mo-3.8%
Greensboro, NC$1,314/mo$1,271/mo-4.4%
Riverside, CA$2,060/mo$2,103/mo-4.5%
San Bernardino, CA$1,621/mo$2,103/mo-4.5%
Fontana, CA$2,185/mo$2,103/mo-4.5%
Moreno Valley, CA$2,206/mo$2,103/mo-4.5%
Ontario, CA$2,250/mo$2,103/mo-4.5%
Rancho Cucamonga, CA$2,370/mo$2,103/mo-4.5%
Corona, CA$2,307/mo$2,103/mo-4.5%
Baton Rouge, LA$1,081/mo$1,149/mo-4.6%
Wichita, KS$989/mo$1,043/mo-5.1%
Anaheim, CA$2,258/mo$3,057/mo-5.5%
Irvine, CA$3,091/mo$3,057/mo-5.5%
Santa Ana, CA$2,184/mo$3,057/mo-5.5%
Huntington Beach, CA$2,507/mo$3,057/mo-5.5%
Garden Grove, CA$2,184/mo$3,057/mo-5.5%
Mesa, AZ$1,708/mo$1,734/mo-5.7%
Gilbert, AZ$2,167/mo$1,734/mo-5.7%
Chandler, AZ$2,000/mo$1,734/mo-5.7%
Glendale, AZ$1,708/mo$1,734/mo-5.7%
Scottsdale, AZ$2,117/mo$1,734/mo-5.7%
Peoria, AZ$1,989/mo$1,734/mo-5.7%
Tempe, AZ$1,818/mo$1,734/mo-5.7%
Surprise, AZ$2,064/mo$1,734/mo-5.7%
Chula Vista, CA$2,338/mo$2,823/mo-5.9%
Oceanside, CA$2,370/mo$2,823/mo-5.9%
Shreveport, LA$964/mo$1,045/mo-5.9%
San Jose, CA$2,674/mo$3,272/mo-6.1%
Sunnyvale, CA$2,889/mo$3,272/mo-6.1%
Anchorage, AK$1,536/mo$1,529/mo-6.3%
Plano, TX$1,904/mo$1,807/mo-6.4%
Irving, TX$1,734/mo$1,807/mo-6.4%
Garland, TX$1,679/mo$1,807/mo-6.4%
Frisco, TX$2,200/mo$1,807/mo-6.4%
McKinney, TX$1,900/mo$1,807/mo-6.4%
Grand Prairie, TX$1,744/mo$1,807/mo-6.4%
Denton, TX$1,568/mo$1,807/mo-6.4%
Mesquite, TX$1,604/mo$1,807/mo-6.4%
Cape Coral, FL$1,998/mo$1,835/mo-6.4%
Lehigh Acres, FL$1,937/mo$1,835/mo-6.4%
Colorado Springs, CO$1,699/mo$1,621/mo-6.6%
Boise, ID$1,535/mo$1,540/mo-6.9%
Salt Lake City, UT$1,440/mo$1,615/mo-7.6%
Madison, WI$1,484/mo$1,565/mo-7.6%
Killeen, TX$1,225/mo$1,138/mo-7.7%
Eugene, OR$1,492/mo$1,546/mo-8.4%
Rochester, NY$1,090/mo$1,416/mo-10.0%
Salinas, CA$1,972/mo$2,416/mo-10.0%
Oxnard, CA$2,111/mo$2,424/mo-10.0%

Frequently asked questions

In how many of these cities is rent falling?

25 of 30. Median asking rents in their sampled ZIP codes are lower than in mid-2024.

Where is rent rising fastest?

Milwaukee, WI, at +3.4% a year: typical rent of $1,210 a month would be about $1,250 in 2027 on that trend.

Where is it falling fastest?

Seattle, WA, at -7.8% a year, from $1,895 a month.

How is the trend measured?

From RentCast's monthly median asking rents for each sampled ZIP code since mid-2024, comparing the latest three months with the earliest three, weighted by each ZIP's listings. The projection carries that trend forward in a straight line.

Get a rent forecast for your ZIP and home type