Rental market data for landlords: average rent by city and vacancy rates by state across the United States.
$1,421
Avg 1BR Rent
$1,874
Avg 2BR Rent
6.9%
Avg Vacancy Rate
Representative estimated market averages for 1BR and 2BR apartments across 90+ US cities
| City ↕ | State | 1BR Avg Rent ↓ | 2BR Avg Rent ↕ | YoY Change ↕ |
|---|---|---|---|---|
| New York | NY | $3,600/mo | $4,950/mo | +2.8% |
| Boston | MA | $3,250/mo | $4,300/mo | +4.2% |
| San Francisco | CA | $3,150/mo | $4,350/mo | -1.6% |
| San Jose | CA | $2,950/mo | $3,950/mo | +1.2% |
| Los Angeles | CA | $2,750/mo | $3,800/mo | +2% |
| Miami | FL | $2,650/mo | $3,550/mo | +1.5% |
| San Diego | CA | $2,600/mo | $3,450/mo | +3.1% |
| Washington | DC | $2,500/mo | $3,350/mo | +1.8% |
| Seattle | WA | $2,350/mo | $3,250/mo | -0.8% |
| Oakland | CA | $2,200/mo | $3,000/mo | -2.5% |
| Chicago | IL | $2,100/mo | $2,850/mo | +3.5% |
| Denver | CO | $1,950/mo | $2,650/mo | -2.2% |
| Sacramento | CA | $1,950/mo | $2,550/mo | +0.9% |
| Nashville | TN | $1,800/mo | $2,400/mo | -1.5% |
| Tampa | FL | $1,800/mo | $2,350/mo | -1.2% |
| Austin | TX | $1,750/mo | $2,350/mo | -4.8% |
| Atlanta | GA | $1,750/mo | $2,300/mo | +1.1% |
| Minneapolis | MN | $1,750/mo | $2,300/mo | +1.7% |
| Baltimore | MD | $1,750/mo | $2,300/mo | +2.5% |
| Portland | OR | $1,700/mo | $2,300/mo | -0.6% |
| Orlando | FL | $1,700/mo | $2,250/mo | -0.5% |
| Charlotte | NC | $1,650/mo | $2,150/mo | +0.6% |
| Dallas | TX | $1,550/mo | $2,050/mo | -3.8% |
| Raleigh | NC | $1,550/mo | $2,050/mo | -0.8% |
| Richmond | VA | $1,550/mo | $2,050/mo | +3% |
| Houston | TX | $1,500/mo | $2,000/mo | -0.9% |
| Phoenix | AZ | $1,500/mo | $2,000/mo | -2.5% |
| Salt Lake City | UT | $1,500/mo | $1,950/mo | -2.5% |
| Olympia | WA | $1,500/mo | $1,950/mo | +0.9% |
| Las Vegas | NV | $1,450/mo | $1,950/mo | -1.4% |
| Pittsburgh | PA | $1,450/mo | $1,900/mo | +3.5% |
| Flagstaff | AZ | $1,450/mo | $1,900/mo | -0.8% |
| Boise | ID | $1,400/mo | $1,800/mo | -3.2% |
| Eugene | OR | $1,400/mo | $1,800/mo | +0.2% |
| Columbus | OH | $1,350/mo | $1,800/mo | +2.3% |
| Greenville | SC | $1,300/mo | $1,700/mo | +2% |
| Missoula | MT | $1,300/mo | $1,700/mo | +0.5% |
| Medford | OR | $1,300/mo | $1,650/mo | -0.4% |
| Cincinnati | OH | $1,250/mo | $1,650/mo | +2.8% |
| Kansas City | MO | $1,250/mo | $1,650/mo | +2.2% |
| Indianapolis | IN | $1,250/mo | $1,600/mo | +0.8% |
| Knoxville | TN | $1,250/mo | $1,600/mo | +1.8% |
| Pensacola | FL | $1,250/mo | $1,650/mo | -0.6% |
| Spokane | WA | $1,200/mo | $1,550/mo | +1.5% |
| Huntsville | AL | $1,200/mo | $1,550/mo | +2.5% |
| St. Louis | MO | $1,150/mo | $1,550/mo | +1.5% |
| Memphis | TN | $1,150/mo | $1,500/mo | +1.1% |
| Louisville | KY | $1,150/mo | $1,500/mo | +1.8% |
| Detroit | MI | $1,150/mo | $1,500/mo | +3% |
| Chattanooga | TN | $1,150/mo | $1,500/mo | +1.2% |
| Tucson | AZ | $1,150/mo | $1,500/mo | -1.8% |
| Tallahassee | FL | $1,100/mo | $1,450/mo | +0.5% |
| Billings | MT | $1,100/mo | $1,400/mo | +1.2% |
| Cleveland | OH | $1,050/mo | $1,400/mo | +2.5% |
| Oklahoma City | OK | $1,050/mo | $1,350/mo | +1.2% |
| Des Moines | IA | $1,050/mo | $1,350/mo | +2.1% |
| Augusta | GA | $1,050/mo | $1,350/mo | +1.5% |
| Fayetteville | AR | $1,050/mo | $1,350/mo | +3.1% |
| Yakima | WA | $1,050/mo | $1,350/mo | +1.4% |
| Corpus Christi | TX | $1,000/mo | $1,300/mo | +0.7% |
| Sioux Falls | SD | $1,000/mo | $1,300/mo | +3.2% |
| Yuma | AZ | $1,000/mo | $1,300/mo | +0.6% |
| El Paso | TX | $950/mo | $1,250/mo | +1.4% |
| Killeen | TX | $950/mo | $1,200/mo | -1.2% |
| Lincoln | NE | $950/mo | $1,200/mo | +2.5% |
| Casper | WY | $950/mo | $1,200/mo | +0.3% |
| Fort Wayne | IN | $900/mo | $1,150/mo | +2.2% |
| Akron | OH | $900/mo | $1,150/mo | +1.9% |
| Columbus | GA | $900/mo | $1,150/mo | +0.9% |
| Lubbock | TX | $900/mo | $1,150/mo | +1.9% |
| Beaumont | TX | $900/mo | $1,150/mo | +0.5% |
| Lansing | MI | $900/mo | $1,150/mo | +1.8% |
| Shreveport | LA | $850/mo | $1,100/mo | +0.8% |
| Dayton | OH | $850/mo | $1,100/mo | +2.4% |
| Macon | GA | $850/mo | $1,100/mo | +1.1% |
| Amarillo | TX | $850/mo | $1,100/mo | +1.3% |
| Wichita | KS | $850/mo | $1,100/mo | +1.6% |
| Springfield | MO | $850/mo | $1,100/mo | +2.3% |
| Toledo | OH | $800/mo | $1,050/mo | +2.1% |
| Rockford | IL | $800/mo | $1,050/mo | +1.2% |
| Peoria | IL | $800/mo | $1,000/mo | +0.8% |
| Flint | MI | $750/mo | $950/mo | +1.5% |
| Topeka | KS | $750/mo | $975/mo | +1% |
Data represents estimated approximate market averages for asking rents. Actual rents vary by neighborhood, unit condition, and amenities. For real-time data, consult Zillow Research, CoStar, Apartments.com, or Redfin rental reports.
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.
Average 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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