Rentometer Quarterly Rent Report: Nationwide Rent Price Changes in Q1 2024
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For the past two years, Rentometer has been closely monitoring rent prices for three-bedroom (3-BR) single-family rentals (SFRs), a type of property that appeals to renters and investors alike.
We have completed a rent price analysis of 3-BR SFRs in 755 cities across the U.S. to show how rents have changed in Q1 2024 since this same time last year.
Download the full Q1 2024 dataset here: Rentometer 3BR SFR Q1 2024 YoY Rents
Table of Contents:
2. Methodology
3. Nationwide Rent Price Analysis
4. Midwest Rent Price Analysis
5. Northeast Rent Price Analysis
6. Pacific Rent Price Analysis
7. Rocky Mountains Rent Price Analysis
8. Southeast Rent Price Analysis
9. Southwest Rent Price Analysis
10. Conclusion
Rentometer has compiled a rent price analysis of 3-BR SFRs in 755 cities across the U.S. to see how rents have changed since this time last year.
Some key highlights from the nationwide analysis are as follows:
The remainder of this report contains our nationwide analysis of Q1 2024 average rent prices and how they have changed over the past year.
2: Methodology
What was the methodology we used to complete our nationwide rent price analysis?
3: Nationwide Rent Price Analysis
Nationwide Rent Price Increases
The green bar graph below shows the fifteen markets that had the largest rent increase in Q1 2024. Out of the 755 rental markets analyzed in this report, Iowa City, Iowa tied with La Quinta, California for the largest year-over-year rent increase of 33%, followed by Kokomo, Indiana (29%).
Nationwide Rent Price Decreases
Out of the 755 cities represented in this report, 19% of markets had rent decreases in Q1 2024. The blue bar graph below shows the fifteen markets that had the largest rent decreases. Altamonte Springs, Florida had the largest year-over-year rent decrease of -15%, followed by Santa Barbara, California -13% and Delray Beach, Florida -13%.
4: Midwest Rent Price Analysis
Rent Price Changes in the Midwest
In the Midwest, Iowa City, Iowa had the largest year-over-year rent increase of 33%, while Chicago, Illinois had the largest decrease of -6%.
Rent Prices in Popular Midwest Markets
City/State | Q1 2023 Average Rent |
Q1 2024 Average Rent |
YoY % Change |
Akron, OH | $1,175 | $1,250 | 6% |
Anderson, IN | $1,064 | $1,177 | 11% |
Ann Arbor, MI | $2,868 | $2,870 | 0% |
Aurora, IL | $2,075 | $2,355 | 13% |
Belton, MO | $1,687 | $1,650 | -2% |
Birmingham, MI | $3,114 | $3,520 | 13% |
Bloomington, IN | $1,912 | $2,208 | 15% |
Blue Springs, MO | $1,692 | $1,830 | 8% |
Canal Winchester, OH | $1,865 | $2,006 | 8% |
Canton, OH | $1,078 | $1,204 | 12% |
Carmel, IN | $2,429 | $2,855 | 18% |
Champaign, IL | $1,457 | $1,528 | 5% |
Chicago, IL | $2,556 | $2,392 | -6% |
Cincinnati, OH | $1,766 | $1,833 | 4% |
Cleveland Heights, OH | $1,591 | $1,830 | 15% |
Cleveland, OH | $1,340 | $1,484 | 11% |
Columbia, MO | $1,505 | $1,630 | 8% |
Columbus, OH | $1,699 | $1,860 | 9% |
Davenport, IA | $1,340 | $1,439 | 7% |
Dayton, OH | $1,291 | $1,378 | 7% |
Dearborn Heights, MI | $1,543 | $1,681 | 9% |
Dearborn, MI | $1,713 | $1,924 | 12% |
Des Moines, IA | $1,371 | $1,677 | 22% |
Detroit, MI | $1,251 | $1,261 | 1% |
Duluth, MN | $1,696 | $1,823 | 7% |
Eastpointe, MI | $1,360 | $1,430 | 5% |
Euclid, OH | $1,273 | $1,343 | 6% |
Evansville, IN | $1,348 | $1,482 | 10% |
Ferndale, MI | $1,866 | $1,963 | 5% |
Fishers, IN | $1,964 | $2,074 | 6% |
Flint, MI | $994 | $987 | -1% |
Florissant, MO | $1,465 | $1,524 | 4% |
Fort Wayne, IN | $1,347 | $1,544 | 15% |
Franklin, IN | $1,555 | $1,658 | 7% |
Garfield Heights, OH | $1,262 | $1,359 | 8% |
Gary, IN | $1,214 | $1,362 | 12% |
Grand Rapids, MI | $1,924 | $1,949 | 1% |
Grandview, MO | $1,490 | $1,557 | 5% |
Greenfield, IN | $1,567 | $1,687 | 8% |
Greenwood, IN | $1,670 | $1,750 | 5% |
Hazelwood, MO | $1,361 | $1,512 | 11% |
Independence, MO | $1,444 | $1,494 | 3% |
Indianapolis, IN | $1,524 | $1,649 | 8% |
Inkster, MI | $1,271 | $1,295 | 2% |
Iowa City, IA | $1,607 | $2,145 | 33% |
Joplin, MO | $1,355 | $1,389 | 3% |
Kalamazoo, MI | $1,684 | $1,695 | 1% |
Kansas City, KS | $1,449 | $1,597 | 10% |
Kansas City, MO | $1,495 | $1,573 | 5% |
Kokomo, IN | $996 | $1,288 | 29% |
Lansing, MI | $1,325 | $1,382 | 4% |
Lawrence, KS | $1,591 | $1,720 | 8% |
Lee's Summit, MO | $1,868 | $1,941 | 4% |
Lincoln Park, MI | $1,351 | $1,382 | 2% |
Lincoln, NE | $1,547 | $1,659 | 7% |
Madison Heights, MI | $1,665 | $1,677 | 1% |
Madison, WI | $2,197 | $2,478 | 13% |
Manhattan, KS | $1,337 | $1,437 | 7% |
Maple Heights, OH | $1,208 | $1,298 | 7% |
Milwaukee, WI | $1,489 | $1,673 | 12% |
Minneapolis, MN | $2,165 | $2,305 | 6% |
Muncie, IN | $1,097 | $1,186 | 8% |
Naperville, IL | $2,775 | $3,035 | 9% |
Noblesville, IN | $1,832 | $2,040 | 11% |
O'Fallon, MO | $1,991 | $2,024 | 2% |
Oak Park, MI | $1,788 | $1,810 | 1% |
Olathe, KS | $2,086 | $2,043 | -2% |
Omaha, NE | $1,801 | $1,906 | 6% |
Overland Park, KS | $1,983 | $2,166 | 9% |
Parma, OH | $1,458 | $1,659 | 14% |
Peoria, IL | $1,275 | $1,266 | -1% |
Raytown, MO | $1,441 | $1,502 | 4% |
Republic, MO | $1,535 | $1,579 | 3% |
Reynoldsburg, OH | $1,808 | $1,926 | 7% |
Rockford, IL | $1,331 | $1,358 | 2% |
Roseville, MI | $1,387 | $1,553 | 12% |
Royal Oak, MI | $2,220 | $2,362 | 6% |
Saginaw, MI | $943 | $1,045 | 11% |
Saint Charles, MO | $2,028 | $2,098 | 3% |
Saint Paul, MN | $1,879 | $2,125 | 13% |
Sioux Falls, SD | $1,740 | $1,776 | 2% |
South Bend, IN | $1,467 | $1,394 | -5% |
South Euclid, OH | $1,591 | $1,609 | 1% |
Springfield, IL | $1,381 | $1,314 | -5% |
Springfield, MO | $1,375 | $1,470 | 7% |
St. Louis, MO | $1,526 | $1,630 | 7% |
Sterling Heights, MI | $2,057 | $2,129 | 4% |
Taylor, MI | $1,442 | $1,495 | 4% |
Toledo, OH | $1,081 | $1,188 | 10% |
Topeka, KS | $1,187 | $1,219 | 3% |
Troy, MI | $2,095 | $2,265 | 8% |
Warren, MI | $1,456 | $1,483 | 2% |
Waterloo, IA | $1,015 | $1,165 | 15% |
West Lafayette, IN | $1,742 | $1,891 | 9% |
Westfield, IN | $2,133 | $2,399 | 12% |
Westland, MI | $1,584 | $1,672 | 6% |
Wichita, KS | $1,302 | $1,344 | 3% |
Youngstown, OH | $1,210 | $1,165 | -4% |
5: Northeast Rent Price Analysis
Rent Price Changes in the Northeast
In the Northeast, Lancaster, Pennsylvania had the largest year-over-year rent increase of 18%, while Philadelphia, Pennsylvania had no significant change in rent.
Rent Prices in Popular Northeast Markets
City/State | Q1 2023 Average Rent |
Q1 2024 Average Rent |
YoY % Change |
Boston, MA | $3,632 | $4,046 | 11% |
Buffalo, NY | $1,646 | $1,748 | 6% |
Erie, PA | $1,203 | $1,280 | 6% |
Harrisburg, PA | $1,465 | $1,534 | 5% |
Jersey City, NJ | $2,766 | $2,781 | 1% |
Lancaster, PA | $1,728 | $2,036 | 18% |
Linden, NJ | $3,271 | $3,359 | 3% |
Newport, RI | $4,040 | $4,278 | 6% |
Philadelphia, PA | $1,805 | $1,810 | 0% |
Pittsburgh, PA | $1,662 | $1,799 | 8% |
Queens, NY | $3,238 | $3,705 | 14% |
Rochester, NY | $1,673 | $1,811 | 8% |
Staten Island, NY | $2,884 | $3,266 | 13% |
Syracuse, NY | $1,724 | $1,875 | 9% |
6: Pacific Rent Price Analysis
Rent Price Changes in the Pacific
In the Pacific, La Quinta, California had the largest year-over-year rent increase of 33%, while Santa Barbara, California had the largest decrease of -13%.
Rent Prices in Popular Pacific Markets
City/State | Q1 2023 Average Rent |
Q1 2024 Average Rent |
YoY % Change |
Albany, OR | $2,318 | $2,299 | -1% |
Anaheim, CA | $3,908 | $4,164 | 7% |
Antioch, CA | $2,955 | $3,006 | 2% |
Apple Valley, CA | $2,203 | $2,240 | 2% |
Auburn, WA | $2,639 | $2,860 | 8% |
Bakersfield, CA | $2,066 | $2,186 | 6% |
Beaverton, OR | $2,593 | $2,620 | 1% |
Bellevue, WA | $3,575 | $3,839 | 7% |
Bellingham, WA | $2,978 | $2,925 | -2% |
Bend, OR | $3,090 | $3,151 | 2% |
Bothell, WA | $3,142 | $3,135 | 0% |
Bremerton, WA | $2,404 | $2,479 | 3% |
Burbank, CA | $5,179 | $5,172 | 0% |
Camarillo, CA | $3,645 | $3,707 | 2% |
Carlsbad, CA | $5,134 | $5,295 | 3% |
Cathedral City, CA | $3,596 | $3,606 | 0% |
Chico, CA | $2,144 | $2,051 | -4% |
Chino Hills, CA | $3,262 | $3,580 | 10% |
Chino, CA | $3,258 | $3,293 | 1% |
Chula Vista, CA | $3,675 | $3,822 | 4% |
Citrus Heights, CA | $2,480 | $2,467 | -1% |
Clovis, CA | $2,362 | $2,333 | -1% |
Corona, CA | $3,315 | $3,563 | 7% |
Corvallis, OR | $2,351 | $2,376 | 1% |
Costa Mesa, CA | $5,192 | $5,150 | -1% |
Culver City, CA | $5,260 | $5,884 | 12% |
Dana Point, CA | $5,927 | $6,714 | 13% |
El Cajon, CA | $3,548 | $3,902 | 10% |
Elk Grove, CA | $2,457 | $2,704 | 10% |
Escondido, CA | $3,676 | $3,925 | 7% |
Eugene, OR | $2,171 | $2,267 | 4% |
Everett, WA | $2,755 | $2,940 | 7% |
Fairfield, CA | $2,786 | $2,741 | -2% |
Folsom, CA | $2,775 | $3,000 | 8% |
Fontana, CA | $2,917 | $3,069 | 5% |
Fremont, CA | $3,652 | $3,646 | 0% |
Fresno, CA | $2,229 | $2,318 | 4% |
Glendale, CA | $5,282 | $4,948 | -6% |
Hanford, CA | $1,928 | $2,145 | 11% |
Hayward, CA | $3,515 | $3,638 | 4% |
Hemet, CA | $2,341 | $2,394 | 2% |
Hesperia, CA | $2,187 | $2,371 | 8% |
Hillsboro, OR | $2,544 | $2,550 | 0% |
Huntington Beach, CA | $5,105 | $5,304 | 4% |
Inglewood, CA | $3,998 | $4,324 | 8% |
Irvine, CA | $4,695 | $5,057 | 8% |
Kent, WA | $2,858 | $2,941 | 3% |
Kirkland, WA | $3,572 | $3,936 | 10% |
La Quinta, CA | $4,185 | $5,572 | 33% |
Lacey, WA | $2,395 | $2,434 | 2% |
Laguna Beach, CA | $7,825 | $7,800 | 0% |
Lake Stevens, WA | $2,924 | $2,771 | -5% |
Lancaster, CA | $2,571 | $2,779 | 8% |
Lincoln, CA | $2,572 | $2,824 | 10% |
Livermore, CA | $3,387 | $3,559 | 5% |
Long Beach, CA | $4,089 | $4,274 | 5% |
Los Angeles, CA | $4,899 | $5,067 | 3% |
Lynnwood, WA | $2,949 | $2,960 | 0% |
Manteca, CA | $2,455 | $2,684 | 9% |
Menifee, CA | $2,777 | $3,121 | 12% |
Merced, CA | $2,020 | $2,030 | 1% |
Modesto, CA | $2,225 | $2,445 | 10% |
Moreno Valley, CA | $2,637 | $3,036 | 15% |
Mountain View, CA | $4,875 | $5,167 | 6% |
Murrieta, CA | $2,887 | $3,217 | 11% |
Napa, CA | $4,163 | $4,276 | 3% |
Newport Beach, CA | $7,053 | $7,299 | 3% |
Oakland, CA | $3,915 | $4,023 | 3% |
Oceanside, CA | $3,617 | $4,297 | 19% |
Olympia, WA | $2,368 | $2,563 | 8% |
Ontario, CA | $2,996 | $3,247 | 8% |
Orange, CA | $3,977 | $4,506 | 13% |
Oxnard, CA | $3,923 | $4,765 | 21% |
Palm Desert, CA | $3,888 | $4,561 | 17% |
Palm Springs, CA | $4,566 | $5,668 | 24% |
Palmdale, CA | $2,878 | $2,857 | -1% |
Palo Alto, CA | $6,119 | $6,088 | -1% |
Pasadena, CA | $4,226 | $4,604 | 9% |
Pasco, WA | $2,055 | $2,123 | 3% |
Portland, OR | $2,751 | $2,876 | 5% |
Puyallup, WA | $2,545 | $2,659 | 4% |
Rancho Cordova, CA | $2,408 | $2,610 | 8% |
Redding, CA | $2,121 | $2,081 | -2% |
Redlands, CA | $2,815 | $2,932 | 4% |
Redmond, OR | $2,327 | $2,479 | 7% |
Redondo Beach, CA | $5,335 | $5,492 | 3% |
Renton, WA | $2,925 | $3,181 | 9% |
Ridgecrest, CA | $1,663 | $1,682 | 1% |
Riverside, CA | $2,782 | $3,013 | 8% |
Rocklin, CA | $2,728 | $2,785 | 2% |
Roseville, CA | $2,673 | $2,820 | 6% |
Sacramento, CA | $2,493 | $2,583 | 4% |
Salem, OR | $2,227 | $2,386 | 7% |
San Bernardino, CA | $2,526 | $2,797 | 11% |
San Clemente, CA | $6,165 | $6,423 | 4% |
San Diego, CA | $4,341 | $4,754 | 10% |
San Francisco, CA | $5,436 | $5,088 | -6% |
San Jose, CA | $3,941 | $4,112 | 4% |
San Luis Obispo, CA | $3,782 | $4,156 | 10% |
San Marcos, CA | $3,624 | $3,960 | 9% |
Santa Barbara, CA | $6,879 | $5,984 | -13% |
Santa Clara, CA | $4,280 | $4,539 | 6% |
Santa Clarita, CA | $3,557 | $4,299 | 21% |
Santa Rosa, CA | $3,613 | $3,597 | 0% |
Seattle, WA | $3,643 | $3,630 | 0% |
Simi Valley, CA | $3,766 | $3,712 | -1% |
Sonoma, CA | $4,482 | $4,438 | -1% |
South Lake Tahoe, CA | $3,707 | $3,607 | -3% |
Spokane, WA | $1,923 | $2,051 | 7% |
Stockton, CA | $2,283 | $2,348 | 3% |
Suisun City, CA | $2,630 | $2,842 | 8% |
Sunnyvale, CA | $4,413 | $4,479 | 2% |
Tacoma, WA | $2,483 | $2,602 | 5% |
Temecula, CA | $3,142 | $3,355 | 7% |
Torrance, CA | $4,014 | $4,553 | 13% |
Tracy, CA | $2,726 | $2,879 | 6% |
Turlock, CA | $2,340 | $2,496 | 7% |
Twentynine Palms, CA | $1,799 | $1,971 | 10% |
Vacaville, CA | $2,868 | $3,000 | 5% |
Vallejo, CA | $2,721 | $2,786 | 2% |
Vancouver, WA | $2,475 | $2,459 | -1% |
Victorville, CA | $2,196 | $2,325 | 6% |
Visalia, CA | $2,031 | $2,024 | 0% |
Vista, CA | $3,638 | $4,014 | 10% |
Whittier, CA | $3,494 | $3,900 | 12% |
7: Rocky Mountains Rent Price Analysis
Rent Price Changes in the Rocky Mountains
In the Rocky Mountains, Idaho Falls, ID had the largest year-over-year rent increase of 18%, while Greeley, Colorado had the largest decrease of -6%.
Rent Prices in Popular Rocky Mountains Markets
City/State | Q1 2023 Average Rent |
Q1 2024 Average Rent |
YoY % Change |
Arvada, CO | $2,815 | $3,051 | 8% |
Aurora, CO | $2,611 | $2,766 | 6% |
Boise, ID | $2,334 | $2,336 | 0% |
Boulder, CO | $3,647 | $3,951 | 8% |
Bozeman, MT | $3,248 | $3,338 | 3% |
Brighton, CO | $2,618 | $2,801 | 7% |
Broomfield, CO | $2,823 | $2,886 | 2% |
Castle Rock, CO | $3,048 | $3,057 | 0% |
Centennial, CO | $2,820 | $3,034 | 8% |
Cheyenne, WY | $1,973 | $1,979 | 0% |
Coeur d'Alene, ID | $2,459 | $2,322 | -6% |
Colorado Springs, CO | $2,138 | $2,256 | 6% |
Commerce City, CO | $2,646 | $2,862 | 8% |
Denver, CO | $3,069 | $3,126 | 2% |
Englewood, CO | $2,838 | $2,812 | -1% |
Fernley, NV | $1,892 | $1,915 | 1% |
Fort Collins, CO | $2,376 | $2,468 | 4% |
Fountain, CO | $2,102 | $2,161 | 3% |
Grand Junction, CO | $1,935 | $2,001 | 3% |
Greeley, CO | $2,164 | $2,038 | -6% |
Henderson, NV | $2,293 | $2,378 | 4% |
Idaho Falls, ID | $1,601 | $1,890 | 18% |
Kuna, ID | $2,113 | $2,083 | -1% |
Las Vegas, NV | $2,125 | $2,270 | 7% |
Lehi, UT | $2,231 | $2,238 | 0% |
Littleton, CO | $2,846 | $3,157 | 11% |
Longmont, CO | $2,652 | $2,649 | 0% |
Loveland, CO | $2,346 | $2,404 | 2% |
Meridian, ID | $2,243 | $2,237 | 0% |
Nampa, ID | $1,907 | $2,145 | 12% |
North Las Vegas, NV | $1,979 | $2,024 | 2% |
Parker, CO | $3,046 | $3,024 | -1% |
Post Falls, ID | $2,293 | $2,237 | -2% |
Pueblo, CO | $1,578 | $1,706 | 8% |
Reno, NV | $2,513 | $2,856 | 14% |
Salt Lake City, UT | $2,458 | $2,497 | 2% |
Sparks, NV | $2,338 | $2,491 | 7% |
St. George, UT | $2,083 | $2,197 | 5% |
Star, ID | $2,154 | $2,234 | 4% |
Thornton, CO | $2,633 | $2,733 | 4% |
Washington, UT | $2,100 | $1,994 | -5% |
Westminster, CO | $2,791 | $2,912 | 4% |
8: Southeast Rent Price Analysis
Rent Price Changes in the Southeast
In the Southeast, Anderson, South Carolina had the largest year-over-year rent increase of 28%, while Altamonte Springs, Florida had the largest decrease of -15%.
Rent Prices in Popular Southeast Markets
City/State | Q1 2023 Average Rent |
Q1 2024 Average Rent |
YoY % Change |
Acworth, GA | $2,065 | $2,221 | 8% |
Aiken, SC | $1,574 | $1,559 | -1% |
Albany, GA | $1,152 | $1,158 | 1% |
Alpharetta, GA | $2,645 | $2,893 | 9% |
Altamonte Springs, FL | $2,446 | $2,079 | -15% |
Anderson, SC | $1,430 | $1,825 | 28% |
Apex, NC | $2,130 | $2,166 | 2% |
Apopka, FL | $2,185 | $2,255 | 3% |
Arlington, VA | $3,799 | $3,701 | -3% |
Asheville, NC | $2,469 | $2,628 | 6% |
Athens, AL | $1,611 | $1,890 | 17% |
Athens, GA | $2,002 | $2,040 | 2% |
Atlanta, GA | $2,410 | $2,622 | 9% |
Auburn, AL | $1,547 | $1,773 | 15% |
Auburndale, FL | $1,936 | $1,907 | -2% |
Augusta, GA | $1,341 | $1,423 | 6% |
Austell, GA | $1,934 | $1,878 | -3% |
Baltimore, MD | $1,850 | $1,806 | -2% |
Baton Rouge, LA | $1,642 | $1,726 | 5% |
Beaufort, SC | $2,348 | $2,464 | 5% |
Bella Vista, AR | $1,906 | $1,947 | 2% |
Benton, AR | $1,432 | $1,493 | 4% |
Bentonville, AR | $1,794 | $1,932 | 8% |
Bessemer, AL | $1,266 | $1,337 | 6% |
Birmingham, AL | $1,251 | $1,430 | 14% |
Blacksburg, VA | $1,890 | $1,915 | 1% |
Boca Raton, FL | $4,844 | $4,966 | 3% |
Bonita Springs, FL | $4,840 | $4,347 | -10% |
Bossier City, LA | $1,432 | $1,477 | 3% |
Bowling Green, KY | $1,615 | $1,704 | 6% |
Boynton Beach, FL | $3,879 | $3,939 | 2% |
Bradenton, FL | $3,394 | $3,494 | 3% |
Brandon, FL | $2,198 | $2,259 | 3% |
Brandon, MS | $1,826 | $2,011 | 10% |
Brunswick, GA | $1,832 | $1,972 | 8% |
Buford, GA | $2,203 | $2,288 | 4% |
Burlington, NC | $1,540 | $1,685 | 9% |
Cabot, AR | $1,381 | $1,469 | 6% |
Calera, AL | $1,542 | $1,561 | 1% |
Canton, GA | $2,026 | $2,197 | 8% |
Cape Coral, FL | $2,793 | $2,678 | -4% |
Carrollton, GA | $1,671 | $1,649 | -1% |
Cartersville, GA | $1,820 | $2,002 | 10% |
Cary, NC | $2,131 | $2,337 | 10% |
Center Point, AL | $1,150 | $1,245 | 8% |
Centerton, AR | $1,648 | $1,704 | 3% |
Chapel Hill, NC | $2,440 | $2,531 | 4% |
Charleston, SC | $2,849 | $3,492 | 23% |
Charlotte, NC | $1,978 | $2,104 | 6% |
Charlottesville, VA | $2,388 | $2,705 | 13% |
Chattanooga, TN | $2,051 | $1,983 | -3% |
Chesapeake, VA | $1,913 | $2,006 | 5% |
Clarksville, TN | $1,665 | $1,761 | 6% |
Clayton, NC | $1,872 | $1,902 | 2% |
Clearwater, FL | $2,518 | $2,909 | 16% |
Clermont, FL | $2,339 | $2,397 | 2% |
Cocoa, FL | $2,091 | $2,063 | -1% |
Coconut Creek, FL | $3,684 | $3,432 | -7% |
College Park, GA | $1,932 | $1,973 | 2% |
Collierville, TN | $2,043 | $2,109 | 3% |
Columbia, SC | $1,623 | $1,636 | 1% |
Columbia, TN | $1,913 | $1,909 | 0% |
Columbus, GA | $1,208 | $1,269 | 5% |
Concord, NC | $1,766 | $1,976 | 12% |
Conway, AR | $1,463 | $1,472 | 1% |
Conyers, GA | $1,780 | $1,800 | 1% |
Cookeville, TN | $1,757 | $1,699 | -3% |
Coral Gables, FL | $5,651 | $5,541 | -2% |
Coral Springs, FL | $3,543 | $3,531 | 0% |
Cornelius, NC | $2,235 | $2,380 | 6% |
Covington, GA | $1,831 | $1,761 | -4% |
Covington, LA | $1,942 | $1,961 | 1% |
Crestview, FL | $1,851 | $1,807 | -2% |
Cutler Bay, FL | $3,114 | $3,398 | 9% |
Dallas, GA | $1,853 | $1,900 | 3% |
Daphne, AL | $1,829 | $1,885 | 3% |
Davie, FL | $3,630 | $3,444 | -5% |
Daytona Beach, FL | $2,148 | $2,169 | 1% |
Decatur, GA | $1,907 | $2,003 | 5% |
Deerfield Beach, FL | $4,467 | $4,688 | 5% |
DeLand, FL | $2,006 | $2,145 | 7% |
Delray Beach, FL | $5,327 | $4,640 | -13% |
Deltona, FL | $1,918 | $1,953 | 2% |
Doral, FL | $4,488 | $4,507 | 0% |
Douglasville, GA | $1,768 | $1,824 | 3% |
Duluth, GA | $2,198 | $2,377 | 8% |
Durham, NC | $2,030 | $2,157 | 6% |
East Point, GA | $1,896 | $1,854 | -2% |
Enterprise, AL | $1,522 | $1,552 | 2% |
Eustis, FL | $2,040 | $2,048 | 0% |
Fairburn, GA | $2,174 | $2,112 | -3% |
Fairhope, AL | $2,036 | $2,209 | 9% |
Fayetteville, AR | $1,913 | $1,934 | 1% |
Fayetteville, GA | $2,305 | $2,723 | 18% |
Fayetteville, NC | $1,432 | $1,477 | 3% |
Foley, AL | $2,006 | $2,010 | 0% |
Forest Park, GA | $1,483 | $1,549 | 4% |
Fort Lauderdale, FL | $3,631 | $4,068 | 12% |
Fort Myers, FL | $3,168 | $3,550 | 12% |
Fort Pierce, FL | $2,517 | $2,653 | 5% |
Fort Smith, AR | $1,294 | $1,306 | 1% |
Fort Walton Beach, FL | $2,259 | $2,192 | -3% |
Franklin, TN | $3,104 | $3,457 | 11% |
Fredericksburg, VA | $2,168 | $2,350 | 8% |
Fuquay-Varina, NC | $1,959 | $2,080 | 6% |
Gainesville, FL | $2,074 | $2,059 | -1% |
Gainesville, GA | $2,038 | $2,093 | 3% |
Gallatin, TN | $2,113 | $2,122 | 0% |
Garner, NC | $2,014 | $2,053 | 2% |
Gastonia, NC | $1,694 | $1,716 | 1% |
Goodlettsville, TN | $2,078 | $2,228 | 7% |
Green Cove Springs, FL | $2,000 | $2,006 | 0% |
Greensboro, NC | $1,695 | $1,738 | 3% |
Greenville, NC | $1,649 | $1,873 | 14% |
Greenville, SC | $1,938 | $1,966 | 1% |
Greer, SC | $1,819 | $1,827 | 0% |
Griffin, GA | $1,684 | $1,602 | -5% |
Grovetown, GA | $1,662 | $1,686 | 1% |
Gulfport, MS | $1,420 | $1,571 | 11% |
Haines City, FL | $1,904 | $2,077 | 9% |
Hammond, LA | $1,514 | $1,577 | 4% |
Hampton, GA | $1,846 | $1,821 | -1% |
Hampton, VA | $1,692 | $1,747 | 3% |
Hattiesburg, MS | $1,318 | $1,444 | 10% |
Hendersonville, TN | $2,381 | $2,400 | 1% |
Hialeah, FL | $3,371 | $3,616 | 7% |
High Point, NC | $1,511 | $1,545 | 2% |
Hinesville, GA | $1,560 | $1,646 | 6% |
Holly Springs, NC | $2,078 | $2,101 | 1% |
Hollywood, FL | $4,028 | $4,154 | 3% |
Homestead, FL | $2,789 | $2,985 | 7% |
Horn Lake, MS | $1,485 | $1,448 | -2% |
Hudson, FL | $2,117 | $2,133 | 1% |
Huntersville, NC | $2,072 | $2,143 | 3% |
Huntsville, AL | $1,615 | $1,652 | 2% |
Irmo, SC | $1,865 | $1,735 | -7% |
Jackson, MS | $1,159 | $1,157 | 0% |
Jackson, TN | $1,519 | $1,728 | 14% |
Jacksonville Beach, FL | $3,417 | $3,341 | -2% |
Jacksonville, AR | $1,200 | $1,325 | 10% |
Jacksonville, FL | $1,781 | $1,789 | 0% |
Jacksonville, NC | $1,412 | $1,563 | 11% |
Jonesboro, AR | $1,389 | $1,484 | 7% |
Jupiter, FL | $5,151 | $5,021 | -3% |
Kannapolis, NC | $1,694 | $1,766 | 4% |
Kennesaw, GA | $2,133 | $2,188 | 3% |
Kernersville, NC | $1,888 | $1,929 | 2% |
Kissimmee, FL | $2,066 | $2,246 | 9% |
Knightdale, NC | $1,818 | $1,893 | 4% |
Knoxville, TN | $2,178 | $2,320 | 7% |
La Vergne, TN | $1,896 | $1,988 | 5% |
Lafayette, LA | $1,600 | $1,682 | 5% |
Lake Charles, LA | $1,381 | $1,565 | 13% |
Lake Mary, FL | $2,455 | $2,506 | 2% |
Lakeland, FL | $1,930 | $1,973 | 2% |
Largo, FL | $2,972 | $2,679 | -10% |
Lawrenceville, GA | $2,008 | $2,135 | 6% |
Lebanon, TN | $2,263 | $2,096 | -7% |
Leesburg, FL | $1,892 | $1,921 | 2% |
Lehigh Acres, FL | $2,228 | $2,199 | -1% |
Lexington, KY | $1,678 | $1,788 | 7% |
Lexington, SC | $1,796 | $1,799 | 0% |
Lithia Springs, GA | $1,790 | $1,759 | -2% |
Little Rock, AR | $1,271 | $1,435 | 13% |
Locust Grove, GA | $1,839 | $1,933 | 5% |
Loganville, GA | $2,045 | $2,092 | 2% |
Louisville, KY | $1,550 | $1,667 | 8% |
Lynchburg, VA | $1,623 | $1,649 | 2% |
Macon, GA | $1,237 | $1,354 | 9% |
Madison, AL | $1,787 | $1,879 | 5% |
Madison, MS | $2,293 | $2,009 | -12% |
Mandeville, LA | $1,957 | $2,115 | 8% |
Marietta, GA | $2,120 | $2,334 | 10% |
Maryville, TN | $2,235 | $2,279 | 2% |
Matthews, NC | $2,017 | $2,135 | 6% |
McDonough, GA | $1,882 | $1,915 | 2% |
Melbourne, FL | $2,336 | $2,296 | -2% |
Memphis, TN | $1,415 | $1,513 | 7% |
Metairie, LA | $2,444 | $2,426 | -1% |
Miami, FL | $4,053 | $3,999 | -1% |
Middleburg, FL | $1,829 | $1,885 | 3% |
Millington, TN | $1,559 | $1,587 | 2% |
Milton, FL | $1,785 | $1,800 | 1% |
Minneola, FL | $2,405 | $2,403 | 0% |
Miramar, FL | $3,492 | $3,264 | -7% |
Mobile, AL | $1,311 | $1,452 | 11% |
Moncks Corner, SC | $1,952 | $2,172 | 11% |
Monroe, GA | $1,775 | $1,994 | 12% |
Monroe, NC | $1,816 | $1,899 | 5% |
Montgomery, AL | $1,172 | $1,342 | 15% |
Mooresville, NC | $2,119 | $2,116 | 0% |
Morgantown, WV | $1,753 | $1,683 | -4% |
Morrisville, NC | $2,237 | $2,200 | -2% |
Mount Pleasant, SC | $4,145 | $3,838 | -7% |
Mt. Juliet, TN | $2,298 | $2,523 | 10% |
Murfreesboro, TN | $2,010 | $2,128 | 6% |
Myrtle Beach, SC | $2,174 | $2,203 | 1% |
Naples, FL | $5,230 | $5,377 | 3% |
Nashville, TN | $2,558 | $2,655 | 4% |
New Bern, NC | $1,835 | $1,913 | 4% |
New Orleans, LA | $2,395 | $2,377 | -1% |
New Port Richey, FL | $2,153 | $2,096 | -3% |
Newnan, GA | $1,880 | $1,953 | 4% |
Newport News, VA | $1,723 | $1,890 | 10% |
Niceville, FL | $2,477 | $2,391 | -3% |
Norcross, GA | $2,130 | $2,237 | 5% |
Norfolk, VA | $1,951 | $2,199 | 13% |
North Charleston, SC | $2,045 | $2,135 | 4% |
North Little Rock, AR | $1,124 | $1,247 | 11% |
North Miami Beach, FL | $3,512 | $3,492 | -1% |
North Miami, FL | $3,952 | $4,059 | 3% |
North Port, FL | $2,518 | $2,346 | -7% |
Ocala, FL | $1,837 | $1,949 | 6% |
Ocoee, FL | $2,305 | $2,433 | 6% |
Olive Branch, MS | $1,736 | $1,782 | 3% |
Orange Park, FL | $1,949 | $1,963 | 1% |
Orlando, FL | $2,314 | $2,448 | 6% |
Ormond Beach, FL | $2,637 | $2,708 | 3% |
Oviedo, FL | $2,404 | $2,384 | -1% |
Oxford, MS | $1,810 | $2,052 | 13% |
Palm Bay, FL | $2,066 | $2,020 | -2% |
Palm Beach Gardens, FL | $5,004 | $5,710 | 14% |
Palm Coast, FL | $2,302 | $2,247 | -2% |
Palmetto, FL | $2,668 | $2,832 | 6% |
Panama City Beach, FL | $2,815 | $2,772 | -2% |
Panama City, FL | $2,054 | $2,129 | 4% |
Pearl, MS | $1,536 | $1,611 | 5% |
Pembroke Pines, FL | $3,578 | $3,461 | -3% |
Pensacola, FL | $1,833 | $1,936 | 6% |
Petersburg, VA | $1,429 | $1,513 | 6% |
Plant City, FL | $2,090 | $2,093 | 0% |
Plantation, FL | $3,399 | $3,830 | 13% |
Pompano Beach, FL | $4,160 | $4,539 | 9% |
Port Charlotte, FL | $2,803 | $2,701 | -4% |
Port Orange, FL | $2,464 | $2,358 | -4% |
Port St. Lucie, FL | $2,763 | $2,845 | 3% |
Portsmouth, VA | $1,682 | $1,823 | 8% |
Powder Springs, GA | $1,852 | $1,950 | 5% |
Punta Gorda, FL | $3,150 | $3,274 | 4% |
Raleigh, NC | $2,041 | $2,181 | 7% |
Richmond Hill, GA | $2,029 | $2,171 | 7% |
Richmond, VA | $1,956 | $2,022 | 3% |
Riverdale, GA | $1,748 | $1,797 | 3% |
Roanoke, VA | $1,594 | $1,620 | 2% |
Rock Hill, SC | $1,830 | $1,937 | 6% |
Rockledge, FL | $2,343 | $2,288 | -2% |
Rocky Mount, NC | $1,471 | $1,372 | -7% |
Rogers, AR | $1,779 | $1,923 | 8% |
Royal Palm Beach, FL | $3,476 | $3,535 | 2% |
Sanford, FL | $2,086 | $2,148 | 3% |
Sanford, NC | $1,765 | $1,998 | 13% |
Sarasota, FL | $3,202 | $3,652 | 14% |
Savannah, GA | $2,222 | $2,439 | 10% |
Sebring, FL | $1,720 | $1,849 | 8% |
Shelby County, TN | $1,782 | $1,846 | 4% |
Sherwood, AR | $1,478 | $1,586 | 7% |
Shreveport, LA | $1,152 | $1,286 | 12% |
Simpsonville, SC | $1,921 | $1,874 | -2% |
Slidell, LA | $1,708 | $1,866 | 9% |
Smyrna, GA | $2,266 | $2,566 | 13% |
Smyrna, TN | $2,108 | $2,128 | 1% |
Snellville, GA | $1,952 | $1,975 | 1% |
Southaven, MS | $1,550 | $1,692 | 9% |
Spartanburg, SC | $1,452 | $1,541 | 6% |
Spring Hill, FL | $2,004 | $2,073 | 3% |
Spring Hill, TN | $2,173 | $2,232 | 3% |
Springdale, AR | $1,762 | $1,636 | -7% |
St. Augustine, FL | $2,502 | $2,510 | 0% |
St. Cloud, FL | $2,303 | $2,311 | 0% |
St. Petersburg, FL | $2,837 | $2,877 | 1% |
Statesville, NC | $1,688 | $1,684 | 0% |
Stockbridge, GA | $1,769 | $1,869 | 6% |
Stonecrest, GA | $1,860 | $1,810 | -3% |
Stuart, FL | $3,555 | $3,469 | -2% |
Sugar Hill, GA | $2,190 | $2,176 | -1% |
Summerville, SC | $2,140 | $2,161 | 1% |
Sumter, SC | $1,388 | $1,456 | 5% |
Sunrise, FL | $3,056 | $3,215 | 5% |
Suwanee, GA | $2,410 | $2,655 | 10% |
Tallahassee, FL | $1,754 | $1,881 | 7% |
Tampa, FL | $2,538 | $2,463 | -3% |
Tavares, FL | $2,021 | $2,173 | 8% |
Titusville, FL | $2,017 | $1,942 | -4% |
Tuscaloosa, AL | $1,448 | $1,667 | 15% |
Union City, GA | $1,890 | $1,941 | 3% |
Valdosta, GA | $1,269 | $1,339 | 6% |
Venice, FL | $3,501 | $3,953 | 13% |
Vero Beach, FL | $3,278 | $4,060 | 24% |
Villa Rica, GA | $1,855 | $1,810 | -2% |
Virginia Beach, VA | $2,226 | $2,446 | 10% |
Wake Forest, NC | $2,124 | $2,067 | -3% |
Warner Robins, GA | $1,363 | $1,494 | 10% |
Washington, DC | $3,831 | $3,797 | -1% |
Wellington, FL | $5,163 | $5,031 | -3% |
West Palm Beach, FL | $4,125 | $4,264 | 3% |
Weston, FL | $4,103 | $4,019 | -2% |
Williamsburg, VA | $2,056 | $2,258 | 10% |
Wilmington, DE | $2,088 | $2,019 | -3% |
Wilmington, NC | $2,276 | $2,250 | -1% |
Winder, GA | $1,890 | $1,984 | 5% |
Winston-Salem, NC | $1,653 | $1,691 | 2% |
Winter Garden, FL | $2,729 | $2,777 | 2% |
Winter Haven, FL | $1,906 | $2,019 | 6% |
Winter Park, FL | $2,606 | $2,665 | 2% |
Winter Springs, FL | $2,222 | $2,290 | 3% |
Woodstock, GA | $2,249 | $2,448 | 9% |
Yulee, FL | $2,078 | $2,010 | -3% |
Zephyrhills, FL | $2,161 | $2,202 | 2% |
9: Southwest Rent Price Analysis
Rent Price Changes in the Southwest
In the Southwest, La Marque, Texas had the largest year-over-year rent increase of 18%, while Laredo, Texas had the largest decrease of -8%.
Rent Prices in Popular Southwest Markets
City/State | Q1 2023 Average Rent |
Q1 2024 Average Rent |
YoY % Change |
Abilene, TX | $1,540 | $1,576 | 2% |
Albuquerque, NM | $2,128 | $2,155 | 1% |
Allen, TX | $2,477 | $2,609 | 5% |
Amarillo, TX | $1,627 | $1,723 | 6% |
Anna, TX | $2,099 | $2,101 | 0% |
Apache Junction, AZ | $1,966 | $1,989 | 1% |
Arlington, TX | $2,144 | $2,193 | 2% |
Aubrey, TX | $2,268 | $2,228 | -2% |
Austin, TX | $2,880 | $2,827 | -2% |
Avondale, AZ | $2,068 | $2,082 | 1% |
Bastrop, TX | $2,224 | $2,149 | -3% |
Baytown, TX | $1,719 | $1,828 | 6% |
Beaumont, TX | $1,513 | $1,505 | -1% |
Bedford, TX | $2,417 | $2,380 | -2% |
Belton, TX | $1,809 | $1,883 | 4% |
Bixby, OK | $1,719 | $1,860 | 8% |
Broken Arrow, OK | $1,625 | $1,754 | 8% |
Brownsville, TX | $1,800 | $1,860 | 3% |
Bryan, TX | $1,749 | $1,860 | 6% |
Buckeye, AZ | $1,998 | $2,033 | 2% |
Buda, TX | $2,302 | $2,198 | -5% |
Bullhead City, AZ | $1,751 | $1,757 | 0% |
Burleson, TX | $2,016 | $2,052 | 2% |
Canyon Lake, TX | $2,245 | $2,078 | -7% |
Carrollton, TX | $2,650 | $2,646 | 0% |
Casa Grande, AZ | $1,907 | $1,884 | -1% |
Cedar Hill, TX | $2,031 | $2,199 | 8% |
Cedar Park, TX | $2,314 | $2,312 | 0% |
Celina, TX | $2,516 | $2,664 | 6% |
Chandler, AZ | $2,476 | $2,461 | -1% |
Cibolo, TX | $2,071 | $2,008 | -3% |
Cleveland, TX | $1,590 | $1,577 | -1% |
College Station, TX | $1,842 | $1,918 | 4% |
Conroe, TX | $1,983 | $1,957 | -1% |
Converse, TX | $1,742 | $1,756 | 1% |
Copperas Cove, TX | $1,394 | $1,333 | -4% |
Corpus Christi, TX | $1,897 | $1,914 | 1% |
Crowley, TX | $2,022 | $2,066 | 2% |
Cypress, TX | $2,142 | $2,225 | 4% |
Dallas, TX | $2,692 | $2,751 | 2% |
Del City, OK | $1,162 | $1,174 | 1% |
Denison, TX | $1,526 | $1,589 | 4% |
Denton, TX | $2,152 | $2,157 | 0% |
DeSoto, TX | $2,142 | $2,186 | 2% |
Duncanville, TX | $1,938 | $2,121 | 9% |
Edinburg, TX | $1,817 | $1,840 | 1% |
Edmond, OK | $1,750 | $1,844 | 5% |
El Mirage, AZ | $1,839 | $1,882 | 2% |
El Paso, TX | $1,650 | $1,718 | 4% |
Enid, OK | $1,274 | $1,211 | -5% |
Ennis, TX | $1,979 | $1,900 | -4% |
Euless, TX | $2,326 | $2,678 | 15% |
Flagstaff, AZ | $2,944 | $3,041 | 3% |
Florence, AZ | $1,823 | $1,900 | 4% |
Flower Mound, TX | $2,631 | $2,829 | 8% |
Forney, TX | $2,094 | $2,152 | 3% |
Fort Worth, TX | $2,100 | $2,164 | 3% |
Frisco, TX | $2,653 | $2,807 | 6% |
Galveston, TX | $2,549 | $2,434 | -5% |
Garland, TX | $2,075 | $2,161 | 4% |
Georgetown, TX | $2,237 | $2,343 | 5% |
Gilbert, AZ | $2,410 | $2,446 | 1% |
Glendale, AZ | $2,171 | $2,325 | 7% |
Goodyear, AZ | $2,168 | $2,384 | 10% |
Granbury, TX | $1,896 | $2,189 | 15% |
Grand Prairie, TX | $2,248 | $2,351 | 5% |
Grapevine, TX | $2,875 | $3,014 | 5% |
Greenville, TX | $1,644 | $1,653 | 1% |
Harker Heights, TX | $1,728 | $1,723 | 0% |
Hockley, TX | $1,822 | $1,954 | 7% |
Houston, TX | $2,158 | $2,281 | 6% |
Humble, TX | $1,846 | $1,962 | 6% |
Huntsville, TX | $1,542 | $1,574 | 2% |
Hutto, TX | $2,069 | $2,127 | 3% |
Irving, TX | $2,524 | $2,700 | 7% |
Katy, TX | $1,996 | $2,122 | 6% |
Keller, TX | $2,270 | $2,483 | 9% |
Killeen, TX | $1,527 | $1,493 | -2% |
Kyle, TX | $2,067 | $2,014 | -3% |
La Marque, TX | $1,674 | $1,977 | 18% |
Lake Havasu City, AZ | $2,149 | $2,330 | 8% |
Lancaster, TX | $1,979 | $2,034 | 3% |
Laredo, TX | $2,072 | $1,908 | -8% |
Las Cruces, NM | $1,724 | $1,754 | 2% |
Lawton, OK | $1,119 | $1,228 | 10% |
League City, TX | $2,229 |