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.
Multifamily vacancy shows how much rental supply sits empty β and shapes rent growth, concessions and negotiating power.
A lease renewal is a negotiation, not paperwork. How renters can use market data and concessions before signing in 2026.
Apartment rents and single-family rents are diverging in 2026 as new multifamily supply cools one market but not the other.
Free rent, waived fees and other apartment concessions are common in 2026. How renters can negotiate a better deal.
Single-family rents are still rising faster than apartment rents in 2026. New rental supply explains most of the gap.
Buying vs. renting in 2026 depends on location, time horizon, mortgage rates, rent levels and ownership costs.
Rent growth is cooling, rental affordability is improving, and new apartment supply is still reshaping the 2026 rental market.
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