Rent growth is faster for single-family homes than apartments

Jan 22, 2025 · Single-family rental homes are now priced 20% higher than apartments, according to Zillow’s rental market report for December 2024.

CouponFollow Extension

20%
OFF

Rent Growth Is Faster For Single-family Homes Than Apartments

3 weeks from now

Jan 22, 2025 · Single-family rental homes are now priced 20% higher than apartments, according to Zillow’s rental market report for December 2024.

housingwire.com

20%
OFF

Single-family Rents Reach Record High, 20% Above Apartments

3 weeks from now

Jan 22, 2025 · While stubbornly high mortgage rates are keeping a lid on buyer demand and home value growth, and a response from builders has kept multifamily rent growth stable for …

mediaroom.com

4%
OFF

Mortgage Rate Volatility Drives Single-family Rent Growth, While ...

3 weeks from now

Jan 22, 2025 · The typical U.S. asking rent for single-family homes was $2,174 in December, an increase of 4.4% from last year and 40.6% over the past five years. Meanwhile, a deluge of …

zillow.com

20%
OFF

Rent Growth Is Faster For Single-family Homes Than Apartments

3 weeks from now

Jan 22, 2025 · Single-family rental (SFR) homes are now priced 20% higher than the typical apartment, according to Zillow ’s rental market report for December 2024. This is the largest …

grandharmonie.org

50%
OFF

What’s Driving Multifamily Demand In 2025 | RealPage Analytics …

3 weeks from now

Jan 8, 2025 · Single-family home prices are up nearly 50% since the start of 2020, whereas rents are up approximately 29%. The difference in appreciation between home prices and monthly …

realpage.com

31%
OFF

Single-Family Rentals Increased Faster Than Apartments - RentCafe

3 weeks from now

Apr 12, 2018 · Renting a single-family home? Turns out, the number of single-family rentals grew by 31% in the decade following the housing crisis.

rentcafe.com

1%
OFF

Toronto Purpose-Built Rental Apartments | Hamilton Lane

3 weeks from now

3 days ago · Most rental units in Ontario are subject to rent controls, with an average rent increase guideline of 2.1% since 1998. 14 In practice, rent growth is often higher than …

hamiltonlane.com

FAQs about Rent growth is faster for single-family homes than apartments Coupon?

Is the single-family rental market back a solid pace of rent increases?

A home in a built-for-rent single-family community by American Homes 4 Rent While the rental apartment market is currently seeing downward pressure on rents, the single-family rental market is back to a solid pace of rent increases. ...

Why is single-family rental demand increasing?

Research by Hunter Housing Economics shows that the demographic groups that are the primary drivers of single-family rental demand are forming a large number of new households, and their incomes are growing at a much faster rate than that of the general population, allowing these rent increases to continue. ...

Are single-family and multi-family rentals experiencing more upward pressure?

In contrast to multi-family rentals, where monthly asking rents continue to decline and have only increased by 2.7% from last year, single-family rentals are experiencing more upward pressure. Single-family rentals have not seen the same surge in construction as the multi-family sector. ...

Why is rent growing?

Rent growth is being fueled by single-family rents, as would-be buyers face significant up-front costs and high and fast-changing mortgage rates that are ultimately keeping them in the rental market. The typical U.S. asking rent for single-family homes was $2,174 in December, an increase of 4.4% from last year and 40.6% over the past five years. ...

Is rent growth slowing?

According to Rentometer's latest single-family rental market report, while average rents for single-family homes have continued to rise in the U.S.—reaching $2,357 in 2024—the pace of rent growth has significantly slowed. ...

Are single-family rents up 4% compared to last year?

Single-family rents are now up 4.4% from last year. Single-family rents fell, on a monthly basis, in 20 major metro areas. The largest monthly drops in single-family rents were in Salt Lake City (-1.2%), Boston (-0.8%), Buffalo (-0.6%), Denver (-0.5%), and Virginia Beach (-0.4%). ...