Rent & Market
Zillow: Rent Growth Speeds Up to 2.7% as Mortgage Rates Climb
Zillow's September report shows typical U.S. rent at $1,932, up 2.7% from a year ago, as high mortgage rates keep would-be buyers in the rental market.
Rent prices, vacancy, new supply and the market data that shapes what you pay.
4 storiesZillow's September report shows typical U.S. rent at $1,932, up 2.7% from a year ago, as high mortgage rates keep would-be buyers in the rental market.
Fall rent reports show San Francisco leading the nation in rent growth while San Antonio, Denver, Houston and Las Vegas see flat or falling prices for tenants.
Apartment List says vacancy fell to 7% in September and rents dipped only 0.1%, a smaller seasonal drop hinting that the renter-friendly market is cooling.
August CPI data show shelter inflation slowing to 3% and rent up 2.7% over the year, as gas prices kept overall inflation at 3.4%. What it means for renters.