US EditionAsking Rents Decline for 20th Consecutive Month - The MortgagePoint
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Asking Rents Decline for 20th Consecutive Month - The MortgagePoint
For the 20th consecutive month rents declined in March 2025, and the median asking price for rent in the 50 largest metros is now $65 lower than the 2022 peak, standing at $1,694, according to Realtor.com’s March Rent Report. While rents have been declining for nearly two years due in large part to new multifamily inventory, new tariffs could have impacts on metros where multifamily permitting activity is growing the fastest, jeopardizing rent d…
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