Rents Fall for a 35th Straight Month as Supply Does the Work
The median asking rent fell 1.5% year over year to $1,692 in June β the 35th straight decline β while weak permitting threatens future supply.
The median asking rent fell 1.5% year over year to $1,692 in June β the 35th straight decline β while weak permitting threatens future supply.
Free rent, waived fees and other apartment concessions are common in 2026. How renters can negotiate a better deal.
Rent growth is cooling, rental affordability is improving, and new apartment supply is still reshaping the 2026 rental market.
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