In 2024, the average rent for rental apartments increased in 27 of the 50 U.S. metropolitan areas with the largest populations. Providence-Warwick, RI-MA was the metro with the highest rental growth, an annual increase of 5.12 percent as of April that year. Conversely, Austin-Round Rock-Georgetown, TX experienced the highest decline in rents, at 7.42 percent.
Year-on-year growth of multifamily rents in the United States as of April 2024, by metropolitan area
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Apartment List. (April 29, 2024). Year-on-year growth of multifamily rents in the United States as of April 2024, by metropolitan area [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/805666/growth-of-multifamily-rents-in-selected-markets-usa/
Apartment List. "Year-on-year growth of multifamily rents in the United States as of April 2024, by metropolitan area." Chart. April 29, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/805666/growth-of-multifamily-rents-in-selected-markets-usa/
Apartment List. (2024). Year-on-year growth of multifamily rents in the United States as of April 2024, by metropolitan area. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/805666/growth-of-multifamily-rents-in-selected-markets-usa/
Apartment List. "Year-on-year Growth of Multifamily Rents in The United States as of April 2024, by Metropolitan Area." Statista, Statista Inc., 29 Apr 2024, https://www.statista.com/statistics/805666/growth-of-multifamily-rents-in-selected-markets-usa/
Apartment List, Year-on-year growth of multifamily rents in the United States as of April 2024, by metropolitan area Statista, https://www.statista.com/statistics/805666/growth-of-multifamily-rents-in-selected-markets-usa/ (last visited July 22, 2024)
Year-on-year growth of multifamily rents in the United States as of April 2024, by metropolitan area [Graph], Apartment List, April 29, 2024. [Online]. Available: https://www.statista.com/statistics/805666/growth-of-multifamily-rents-in-selected-markets-usa/