Single-family rents reach record high, 20% above apartments

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 …

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

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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 …

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Single-Family Rents Are 20% Above Multifamily Rents

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Jan 22, 2025 · Single-family rental (SFR) prices are still outpacing multifamily rents, with the gap reaching a record 20% in December, per GlobeSt. The demand for SFRs remains high, fueled …

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Zillow: Single Family Rents Record High - 20% Above Multifamily

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Find out why single-family rents are reaching record highs and multifamily rents are stabilizing across the United States.

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

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Rented single-family homes are the housing market's big standout right now, with costs 20% higher than that of a typical multifamily apartment, according to the latest market report 1 from …

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

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Rented single-family homes are the housing market's big standout right now, with costs 20% higher than that of a typical multifamily apartment, according to the latest market report1 from …

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

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Jan 22, 2025 · Despite the general surge in apartment construction, rents on the multifamily side are proving to be sticky. Annual rent growth has been relatively stable, in the mid-2% range, …

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Rents For Single-family Homes 41% Higher Than Prepandemic Rents

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Jan 24, 2025 · Although high mortgage rates are tamping down on buyer demand, construction of multifamily buildings has kept rent growth stable, while detached, single-family homes …

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Single-family Rents Hit Record High In US - Eliteagent.com

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Jan 28, 2025 · The cost of renting a single-family home has reached an all-time high, sitting 20% above the average rent for multifamily apartments, according to Zillow’s latest market report.

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SFR Rents 20% Higher Than Multifamily Rents - LinkedIn

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Jan 29, 2025 · Why are single-family rental (SFR) rents higher than multifamily rents? SFR rents are higher due to increased demand for larger living spaces, limited supply, and rising …

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Single-family Rentals Hit Record High Prices, '41% Over Pre …

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Jan 24, 2025 · Single-family home rentals have reached a record high of 41% above pre-pandemic prices, rising to 20% more than multi-family apartment rentals, according to report …

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

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Jan 22, 2025 · Rents for single-family homes are up 41% over pre-pandemic norms; multifamily rents have risen 26% in that time. Concessions are being offered on two out of every five …

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5 Reasons Why Rents Are Rising At A Record Pace - Multifamily Dive

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May 10, 2022 · Over the past year, U.S. multifamily rents rose 14.8%, covering an explosive rate of price growth that began in the second quarter of 2021, according to Yardi Matrix’s …

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

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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 …

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Private Capital Fuels Single-Family Rental Growth, Shifting Housing ...

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2 days ago · Single-family build-to-rent homes accounted for 27% of all rental housing starts last year, and SFRs accounted for 9% of all single-family housing starts, according to John Burns.

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FAQs about Single-family rents reach record high, 20% above apartments Coupon?

Are single-family homes more expensive than multifamily apartments?

(NewsNation) — Rents for single-family homes have risen 41% over prepandemic prices, with multifamily rents rising 26% in the same time frame, according to real estate company Zillow. A market report from Zillow found that single-family homes cost 20% more to rent than multifamily apartments, the largest difference the company has ever recorded. ...

How has the apartment market impacted single-family rents?

While the apartment market has suffered due to a glut of new units coming to market—resulting in high vacancy rates and pricing pressure—these dynamics have also begun to impact single-family rents. ...

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%). ...

How did the single-family rental market perform in the last quarter?

While the beginning of the year signaled another period of strong rent price increases for the single-family rental market, the pace of growth dwindled as the year progressed, ending in negative territory during the last quarter with rents dropping by 0.21% compared to the same period in 2023. ...

What is the average asking rent for a single-family home?

The typical asking rent for single-family homes was $2,174 in December, up 0.1% month-over-month. Since the beginning of the pandemic, single-family rents have increased by 40.6%. Single-family rents are now up 4.4% from last year. Single-family rents fell, on a monthly basis, in 20 major metro areas. ...

Where did single-family rents fall?

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%). Single-family rents rose from year-ago levels in all of the 50 largest metro areas. ...