Live rental market data for landlords: median rent by metro, Fair Market Rent by bedroom, and the national vacancy rate.
Data refreshed Nov 1, 2026
$1,839
Avg Median Rent
$1,451
Avg FMR 2BR
7.6%
National Vacancy
Zillow Observed Rent Index — median asking rent across 100 US metros
| Metro ↕ | State | Median Rent ↓ | MoM ↕ | YoY ↕ |
|---|---|---|---|---|
| San Jose, CA | CA | $3,812/mo | +0.7% | +8.3% |
| New York, NY | NY | $3,546/mo | -0.1% | +4.2% |
| San Francisco, CA | CA | $3,445/mo | +1.2% | +11.8% |
| Urban Honolulu, HI | HI | $3,015/mo | +0.1% | +4.0% |
| Boston, MA | MA | $2,987/mo | -0.6% | +2.3% |
| San Diego, CA | CA | $2,967/mo | +0.0% | +2.2% |
| Oxnard, CA | CA | $2,955/mo | +0.0% | +1.9% |
| Los Angeles, CA | CA | $2,929/mo | +0.2% | +1.8% |
| Bridgeport, CT | CT | $2,880/mo | +0.1% | +2.9% |
| Miami, FL | FL | $2,654/mo | +0.2% | +1.8% |
| Riverside, CA | CA | $2,533/mo | +0.2% | +2.9% |
| Stockton, CA | CA | $2,431/mo | +0.1% | +1.9% |
| Washington, DC | DC | $2,407/mo | +0.2% | +1.4% |
| Sacramento, CA | CA | $2,269/mo | +0.1% | +1.8% |
| Poughkeepsie, NY | NY | $2,259/mo | +0.2% | +3.6% |
| Seattle, WA | WA | $2,250/mo | -0.2% | +1.8% |
| Providence, RI | RI | $2,166/mo | -0.2% | +4.2% |
| Chicago, IL | IL | $2,163/mo | -0.2% | +4.7% |
| North Port, FL | FL | $2,106/mo | +0.4% | +0.1% |
| Worcester, MA | MA | $2,105/mo | -0.1% | +1.4% |
| Fresno, CA | CA | $2,052/mo | +0.1% | +3.5% |
| New Haven, CT | CT | $2,043/mo | -0.1% | +2.6% |
| Charleston, SC | SC | $2,037/mo | -0.2% | +4.4% |
| Hartford, CT | CT | $1,998/mo | +0.1% | +3.5% |
| Tampa, FL | FL | $1,991/mo | +0.2% | +0.4% |
| Springfield, MA | MA | $1,963/mo | +0.6% | +3.7% |
| Baltimore, MD | MD | $1,937/mo | +0.3% | +2.7% |
| United States | $1,932/mo | +0.1% | +2.7% | |
| Orlando, FL | FL | $1,929/mo | -0.3% | +0.8% |
| Boise City, ID | ID | $1,924/mo | +0.7% | +7.6% |
| Philadelphia, PA | PA | $1,903/mo | +0.0% | +3.3% |
| Denver, CO | CO | $1,900/mo | -0.2% | +0.0% |
| Palm Bay, FL | FL | $1,887/mo | +0.4% | +1.6% |
| Virginia Beach, VA | VA | $1,886/mo | +0.6% | +7.1% |
| Atlanta, GA | GA | $1,843/mo | +0.2% | +2.1% |
| Allentown, PA | PA | $1,841/mo | +0.0% | +3.1% |
| Cape Coral, FL | FL | $1,827/mo | -0.1% | -0.1% |
| Bakersfield, CA | CA | $1,822/mo | +0.5% | +3.0% |
| Lakeland, FL | FL | $1,814/mo | -0.3% | +0.9% |
| Portland, OR | OR | $1,803/mo | +0.3% | +1.1% |
| Nashville, TN | TN | $1,803/mo | +0.1% | +1.2% |
| Madison, WI | WI | $1,780/mo | +0.2% | +2.1% |
| Provo, UT | UT | $1,773/mo | -0.5% | +1.8% |
| Deltona, FL | FL | $1,767/mo | +0.3% | +1.3% |
| Colorado Springs, CO | CO | $1,764/mo | +0.0% | +2.9% |
| Minneapolis, MN | MN | $1,736/mo | -0.1% | +3.5% |
| Charlotte, NC | NC | $1,735/mo | +0.1% | +1.4% |
| Las Vegas, NV | NV | $1,732/mo | -0.1% | +0.5% |
| Knoxville, TN | TN | $1,725/mo | +0.2% | +1.4% |
| Phoenix, AZ | AZ | $1,720/mo | +0.1% | +1.0% |
| Richmond, VA | VA | $1,706/mo | -0.3% | +2.5% |
| Albany, NY | NY | $1,693/mo | -0.2% | +4.7% |
| Jacksonville, FL | FL | $1,680/mo | +0.3% | +2.2% |
| Raleigh, NC | NC | $1,669/mo | +0.2% | +1.4% |
| Dallas, TX | TX | $1,659/mo | +0.0% | +0.7% |
| Salt Lake City, UT | UT | $1,644/mo | -0.1% | +0.7% |
| Durham, NC | NC | $1,640/mo | +0.6% | +2.6% |
| Houston, TX | TX | $1,638/mo | +0.0% | +0.1% |
| Ogden, UT | UT | $1,631/mo | +0.2% | +1.7% |
| Syracuse, NY | NY | $1,627/mo | +0.2% | +3.2% |
| Grand Rapids, MI | MI | $1,614/mo | +0.2% | +4.2% |
| Austin, TX | TX | $1,603/mo | +0.0% | +0.7% |
| New Orleans, LA | LA | $1,577/mo | -0.1% | +1.7% |
| Greenville, SC | SC | $1,566/mo | +0.1% | +2.6% |
| Columbia, SC | SC | $1,557/mo | +0.4% | +2.2% |
| Milwaukee, WI | WI | $1,549/mo | +0.2% | +5.1% |
| Kansas City, MO | MO | $1,534/mo | +0.1% | +3.8% |
| Rochester, NY | NY | $1,532/mo | +0.4% | +2.8% |
| Winston, NC | NC | $1,529/mo | +0.9% | +4.6% |
| Indianapolis, IN | IN | $1,528/mo | +0.2% | +3.5% |
| Columbus, OH | OH | $1,525/mo | +0.2% | +2.9% |
| Cincinnati, OH | OH | $1,522/mo | +0.2% | +2.8% |
| El Paso, TX | TX | $1,521/mo | +0.3% | +3.5% |
| Detroit, MI | MI | $1,514/mo | +0.4% | +4.2% |
| Spokane, WA | WA | $1,512/mo | +0.2% | +3.5% |
| Albuquerque, NM | NM | $1,490/mo | +0.2% | +1.3% |
| Tucson, AZ | AZ | $1,488/mo | -0.1% | +1.6% |
| Harrisburg, PA | PA | $1,481/mo | +0.8% | +2.7% |
| Jackson, MS | MS | $1,470/mo | -0.1% | +3.9% |
| Pittsburgh, PA | PA | $1,467/mo | +0.1% | +3.5% |
| Augusta, GA | GA | $1,464/mo | +0.4% | +3.1% |
| Buffalo, NY | NY | $1,451/mo | +0.4% | +3.8% |
| Cleveland, OH | OH | $1,440/mo | +0.4% | +4.5% |
| St. Louis, MO | MO | $1,427/mo | +0.3% | +4.1% |
| San Antonio, TX | TX | $1,415/mo | +0.0% | -0.7% |
| Greensboro, NC | NC | $1,406/mo | +0.1% | +2.5% |
| Birmingham, AL | AL | $1,404/mo | +0.5% | +2.9% |
| Omaha, NE | NE | $1,398/mo | -0.2% | +1.7% |
| Memphis, TN | TN | $1,393/mo | -0.1% | +1.1% |
| Oklahoma City, OK | OK | $1,384/mo | +0.3% | +2.4% |
| Tulsa, OK | OK | $1,375/mo | +0.0% | +3.0% |
| Baton Rouge, LA | LA | $1,366/mo | -0.2% | +2.5% |
| Louisville, KY | KY | $1,339/mo | +0.3% | +2.0% |
| Dayton, OH | OH | $1,320/mo | +0.1% | +2.7% |
| Akron, OH | OH | $1,306/mo | -0.3% | +3.8% |
| Des Moines, IA | IA | $1,280/mo | +0.1% | +2.1% |
| Toledo, OH | OH | $1,264/mo | +0.3% | +5.8% |
| Little Rock, AR | AR | $1,234/mo | -0.1% | +2.1% |
| Wichita, KS | KS | $1,206/mo | +0.6% | +4.4% |
| McAllen, TX | TX | $1,119/mo | +0.1% | +0.9% |
ZORI reflects median asking rents for units listed on Zillow. Actual rents vary by neighborhood, unit condition, and amenities.
Zillow Observed Rent Index (ZORI)
Median asking rent for units listed on Zillow. Updated monthly across 100 major US metros.
HUD Fair Market Rent (FMR)
HUD's 40th-percentile rent by bedroom count, used for housing vouchers. Covers 427 metro areas, updated annually.
FRED Rental Vacancy Rate
U.S. national rental vacancy rate from the Census Bureau, via the St. Louis Fed. Updated quarterly.
Data is refreshed automatically each month. Figures reflect each source's most recent published period and may lag the current date.
Vacancy rate is the percentage of available rental units that are unoccupied in a given market. A lower vacancy rate means more demand than supply — landlords in tight markets (below 5%) can often charge above-average rents and attract more applicants per vacancy.
High vacancy markets (above 9%) indicate more supply than demand, meaning tenants have more options and landlords must be more competitive on price, amenities, and responsiveness to retain good tenants.
Rent benchmarks help landlords price their units competitively. Setting rent too high increases vacancy; too low leaves money on the table. Most landlords price within 5–10% of the market average for comparable units, then adjust based on unit condition, amenities, and location within the city.
Year-over-year changes indicate rent growth or softening. Markets with negative YoY changes have seen rents decline from peak levels, which can present acquisition opportunities for investors with a long-term hold strategy.
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