RENT TRENDS

Rent trends by state

13 states, from Census Bureau and HUD data, with their largest cities.

Data source: U.S. Census Bureau, HUD, and FHFA. State and city figures come from federal surveys and indexes, not live listings, so they trail the market by one to two years.
Median gross rent, Census ACS 2019 and 2024
State2024Since 2019Cities
California$2,104/mo+30%37
Texas$1,475/mo+35%21
Florida$1,812/mo+46%13
Arizona$1,672/mo+52%10
Nevada$1,709/mo+46%8
North Carolina$1,338/mo+44%7
Virginia$1,646/mo+31%7
Tennessee$1,284/mo+42%6
Ohio$1,090/mo+34%5
Colorado$1,822/mo+33%5
Washington$1,824/mo+34%5
New York$1,634/mo+25%4
Illinois$1,322/mo+30%4