A monthly look at average rent price trends across the United States.

Summer is heating up, and so are rent prices across the nation. The month-over-month change for national average rent prices rose over three percent for one-bedrooms and 0.7 percent for two-bedrooms in April. Year-over-year increases also continue to show steep growth nationally, and more than 90 percent of state-level markets saw price increases for both unit types.

There has been some relief in Midwestern pockets. Several cities in Ohio, Indiana and Missouri registered year-over-year price decreases in both one-bedroom and two-bedroom apartments. Meanwhile, cities in the West, Northeast and Texas contributed most to overall growth. Let's look at where rent prices stand today.

National average rent price trends

Nationwide rent prices have continued their precipitous year-over-year climb. Both bedroom types are still up by double digits year-over-year with one-bedrooms up 26.5 percent and two-bedrooms up 25.7 percent.

Month-over-month, prices for one-bedrooms are outpacing two-bedrooms, with increases of 3.2 percent and 0.7 percent, respectively.

Unit TypeAverage RentMoM % ChangeYoY % Change
1 Bedroom$1,7513.2%26.5%
2 Bedroom$2,0650.7%25.7%

State average rent price trends

State to state, rent prices are up nearly across the board compared to this time last year. More than 93 percent of state-level markets have seen significant increases in rent prices for both apartment types. Only Idaho and Nebraska registered decreases in one-bedroom rents, while Arkansas, Idaho and New Mexico saw rents drop for two-bedrooms.

Unit TypeMarkets UpMarkets Down
1 Bedroom95.5%4.6%
2 Bedroom93.5%6.5%

City average rent price trends

At the city level, rising prices are still the norm. Among the nation's 100 largest cities, Oklahoma City, OK and Austin, TX are experiencing incredible growth at 133 percent and 112 percent year-over-year in one-bedrooms. Outside the Northeast, West and Texas, Little Rock, AR, is among the biggest price movers with a 36.8 percent increase in one-bedrooms and a 45.2 percent increase in two-bedroom rents.

One-bedroom city average rent price trends

The following cities have experienced the biggest increases in one-bedroom rent prices year-over-year. Five of these cities — Jersey City, NJ; Huntington Beach, CA; Garland, TX; Tacoma, WA and Little Rock, AR — have populations of 300,000 or less.

The following cities have experienced the biggest decreases in one-bedroom rent prices year-over-year. Three of these cities — Norfolk, VA; Toledo, OH and Lubbock, TX — have populations of 300,000 or less.

Two-bedroom city average rent price trends

The following cities have experienced the biggest increases in two-bedroom rent prices year-over-year. Five of these cities — Chandler, AZ; Tacoma, WA; Salt Lake City, UT; Little Rock, AR and Jersey City, NJ— have populations of 300,000 or less.

The following cities have experienced the biggest decreases in two-bedroom rent prices year-over-year. Three of these cities — Shreveport, LA; Toledo, OH and Scottsdale, AZ — have populations of 300,000 or less.

Overlap cities by average rent prices

Some cities reflect increases or decreases in rent prices across all bedroom types. We call these "overlap cities."

Five cities in the top 10 have experienced year-over-year price increases in both one-bedroom and two-bedroom apartments:

Four cities in the top 10 have experienced year-over-year price decreases in both one-bedroom and two-bedroom apartments:

Rental industry trends

In addition to our pricing trends, here are a few key industry developments.

1. The Sun Belt is home to the U.S.'s highest inflation rates

Across the country, prices are up 8.3 percent year-over-year in April, but some spots have higher than average inflation, according to a recent Redfin analysis.

Contributing to the outsized increase is migration. “Not everyone in the country is experiencing inflation the same way," said Redfin Deputy Chief Economist Taylor Marr. “It's having an especially big impact in places like Tampa and Phoenix, which are attracting the newest residents and seeing double-digit increases in prices overall."

In 2021, half of the variation in inflation rates between metro areas could be explained by domestic migration, compared to just a quarter between 2010 and 2020. But Marr says the trend may slow as the financial incentives in these areas quickly disappear. “A homebuyer would still save a lot of money by moving from San Francisco to Phoenix if they kept the same job and the same salary. But, the discount is less than it was two years ago," he said.

2. Evictions rise sharply after emergency aid runs out

As pandemic-related federal rent relief funds run out and programs start winding down, evictions are increasing across the country. In some cities, eviction filing rates are reaching 150-200 percent of pre-pandemic averages.

"There's no limit on landlords' ability to use the courts to evict people," Peter Hepburn from Princeton's Eviction Lab told NPR. "And there's less incentive for them to try an alternative because the money that was there — that could make them whole again, that could pay back rent — is no longer there in a lot of cases."

According to NPR, about half of the $46 million allocated by Congress for emergency rental aid has been disbursed with some program funds already depleted. All this at a time when occupancy rates are hitting 97 percent nationwide and inflation is far outpacing wage growth.

"Our tenants are having to decide between buying food or paying rent. And that's a real tight squeeze," Dana Karn, from Lone Star Legal Aid in Houston, said.

About this report

Our May 2022 Rent Report highlights year-over-year rent trends and price fluctuations that renters may experience in various parts of the United States. We compare rent prices for one-bedroom and two-bedroom apartments to determine which unit types and which of the country's most populated cities are becoming more affordable or more expensive for renters. States and cities with insufficient inventory are excluded from this report.

1BR2BR
Rank by PopulationCity, StatePopulation1-BR Avg Rent, April 20221-BR YoY Change
1New York, NY8,336,817$5,11938.96%
68Jersey City, NJ262,075$3,94349.64%
21Boston, MA692,600$3,8858.69%
16San Francisco, CA881,549$3,52012.19%
44Oakland, CA433,031$3,40017.78%
93Glendale, CA199,303$3,26419.97%
41Miami, FL467,963$3,25036.10%
2Los Angeles, CA3,979,576$3,21020.26%
63Irvine, CA287,401$3,10231.78%
8San Diego, CA1,423,851$3,05523.02%
78Fremont, CA241,110$2,93532.67%
11Austin, TX978,908$2,918112.52%
94Huntington Beach, CA199,223$2,88246.38%
42Long Beach, CA462,628$2,87149.99%
10San Jose, CA1,021,795$2,85015.68%
52Santa Ana, CA332,318$2,73710.63%
92Yonkers, NY200,370$2,65715.99%
65Chula Vista, CA274,492$2,62516.52%
84Tacoma, WA217,827$2,52839.73%
35Sacramento, CA513,624$2,48520.99%
6Philadelphia, PA1,584,064$2,44826.14%
23Nashville, TN670,820$2,38848.94%
3Chicago, IL2,693,976$2,36410.90%
18Seattle, WA753,675$2,3488.44%
20Washington, DC705,749$2,3055.70%
19Denver, CO727,211$2,2508.63%
26Portland, OR654,741$2,23036.19%
72Scottsdale, AZ258,069$2,1804.89%
67Saint Petersburg, FL265,351$2,05824.10%
62Orlando, FL287,442$2,02623.07%
75Gilbert, AZ254,114$1,97326.52%
57Saint Louis, MO300,576$1,9075.59%
74Buffalo, NY255,284$1,88732.22%
73Reno, NV255,601$1,82923.44%
49New Orleans, LA390,144$1,8232.01%
61Plano, TX287,677$1,8058.34%
55Henderson, NV320,189$1,79312.43%
51Aurora, CO379,289$1,7914.50%
91Frisco, TX200,490$1,7622.17%
47Tampa, FL399,700$1,75230.48%
82Boise, ID228,959$1,70926.37%
9Dallas, TX1,343,573$1,68013.58%
25Oklahoma City, OK655,057$1,651133.28%
90Salt Lake City, UT200,567$1,65025.22%
80Irving, TX239,798$1,64222.10%
64Durham, NC278,993$1,63636.50%
58Pittsburgh, PA300,286$1,6336.61%
30Baltimore, MD593,490$1,629-11.84%
36Atlanta, GA506,811$1,6180.36%
40Raleigh, NC474,069$1,58724.47%
24Detroit, MI670,031$1,5814.24%
43Virginia Beach, VA449,974$1,513-5.57%
15Charlotte, NC885,708$1,51311.12%
27Las Vegas, NV651,319$1,512-8.57%
69Chandler, AZ261,165$1,5014.68%
95McKinney, TX199,177$1,49921.77%
45Minneapolis, MN429,606$1,4801.33%
98Aurora, IL197,757$1,47217.66%
56Saint Paul, MN308,096$1,4634.17%
81Richmond, VA230,436$1,45914.29%
79Garland, TX239,928$1,44146.12%
12Jacksonville, FL911,507$1,43812.15%
5Phoenix, AZ1,680,992$1,4341.58%
87Rochester, NY205,695$1,404-0.70%
86Birmingham, AL209,403$1,39614.93%
34Mesa, AZ518,012$1,3778.60%
4Houston, TX2,320,268$1,35815.10%
14Columbus, OH898,553$1,3526.44%
38Colorado Springs, CO478,221$1,3458.27%
13Fort Worth, TX909,585$1,29313.22%
37Kansas City, MO495,327$1,270-9.88%
77Norfolk, VA242,742$1,270-4.13%
29Louisville, KY617,638$1,2608.64%
88Grand Rapids, MI201,013$1,2457.56%
50Cleveland, OH381,009$1,232-11.77%
32Albuquerque, NM560,513$1,20130.12%
54Lexington, KY323,152$1,20134.92%
76Winston-Salem, NC247,945$1,18519.38%
70Madison, WI259,680$1,164-2.15%
31Milwaukee, WI590,157$1,158-9.51%
97Augusta, GA197,888$1,1346.05%
85Des Moines, IA214,237$1,13412.69%
48Arlington, TX398,854$1,1289.39%
83Baton Rouge, LA220,236$1,11013.24%
33Tucson, AZ548,073$1,10918.91%
17Indianapolis, IN876,384$1,081-9.11%
7San Antonio, TX1,547,253$1,07613.56%
53Corpus Christi, TX326,586$1,04717.63%
60Lincoln, NE289,102$1,0230.69%
100Little Rock, AR197,312$99636.82%
28Memphis, TN651,073$987-2.28%
39Omaha, NE478,192$975-0.35%
22El Paso, TX681,728$9503.82%
59Greensboro, NC296,710$9039.17%
99Akron, OH197,597$8519.05%
89Huntsville, AL200,574$8033.41%
46Tulsa, OK401,190$77716.38%
66Toledo, OH272,779$679-10.91%
71Lubbock, TX258,862$670-2.70%
96Montgomery, AL198,525$6112.27%
Rank by PopulationCity, StatePopulation2-BR Avg Rent, April 20222-BR YoY Change
1New York, NY8,336,817$7,98022.34%
67Jersey City, NJ262,075$5,37141.23%
21Boston, MA692,600$5,0564.98%
43Oakland, CA433,031$4,92326.65%
92Glendale, CA199,303$4,67425.24%
2Los Angeles, CA3,979,576$4,6629.58%
16San Francisco, CA881,549$4,6142.27%
8San Diego, CA1,423,851$4,12018.81%
41Miami, FL467,963$3,79958.96%
78Fremont, CA241,110$3,65933.52%
91Yonkers, NY200,370$3,64415.41%
64Irvine, CA287,401$3,58826.25%
6Philadelphia, PA1,584,064$3,58247.84%
18Seattle, WA753,675$3,50921.66%
53Santa Ana, CA332,318$3,46519.16%
85Tacoma, WA217,827$3,45446.56%
10San Jose, CA1,021,795$3,40811.60%
3Chicago, IL2,693,976$3,32310.13%
25Portland, OR654,741$3,27451.77%
20Washington, DC705,749$3,1965.93%
19Denver, CO727,211$3,1696.39%
23Nashville, TN670,820$3,12645.42%
68Chandler, AZ261,165$2,90068.57%
81Hialeah, FL233,339$2,87126.97%
71Scottsdale, AZ258,069$2,767-11.46%
35Sacramento, CA513,624$2,7499.04%
90Frisco, TX200,490$2,71216.91%
9Dallas, TX1,343,573$2,58520.25%
44Minneapolis, MN429,606$2,54330.42%
62Plano, TX287,677$2,51621.63%
63Orlando, FL287,442$2,46410.57%
74Gilbert, AZ254,114$2,38717.52%
24Detroit, MI670,031$2,304-0.68%
11Austin, TX978,908$2,30249.97%
89Salt Lake City, UT200,567$2,26346.49%
48New Orleans, LA390,144$2,243-8.34%
52Anaheim, CA350,365$2,233-10.72%
58Saint Louis, MO300,576$2,2318.27%
72Reno, NV255,601$2,21215.69%
51Aurora, CO379,289$2,17612.08%
46Tampa, FL399,700$2,15038.29%
36Atlanta, GA506,811$2,0931.89%
93McKinney, TX199,177$2,06821.62%
4Houston, TX2,320,268$2,03032.05%
73Buffalo, NY255,284$2,0088.33%
56Henderson, NV320,189$2,0055.71%
29Baltimore, MD593,490$1,934-1.16%
80Irving, TX239,798$1,93211.04%
82Richmond, VA230,436$1,91932.64%
59Pittsburgh, PA300,286$1,8868.88%
57Saint Paul, MN308,096$1,878-1.74%
26Las Vegas, NV651,319$1,873-6.18%
83Boise, ID228,959$1,86415.39%
88Rochester, NY205,695$1,84223.24%
34Mesa, AZ518,012$1,77814.67%
40Raleigh, NC474,069$1,76632.41%
97Tempe, AZ195,805$1,7656.00%
5Phoenix, AZ1,680,992$1,75410.30%
15Charlotte, NC885,708$1,730-0.50%
42Virginia Beach, VA449,974$1,7042.01%
12Jacksonville, FL911,507$1,70320.92%
69Madison, WI259,680$1,6973.00%
14Columbus, OH898,553$1,69610.18%
65Durham, NC278,993$1,69516.09%
38Colorado Springs, CO478,221$1,678-2.09%
13Fort Worth, TX909,585$1,67725.64%
50Cleveland, OH381,009$1,654-10.45%
30Milwaukee, WI590,157$1,640-4.18%
32Tucson, AZ548,073$1,62318.84%
79Garland, TX239,928$1,60512.75%
75North Las Vegas, NV251,974$1,60217.90%
37Kansas City, MO495,327$1,595-9.12%
77Norfolk, VA242,742$1,587-1.08%
47Arlington, TX398,854$1,492-10.50%
76Winston-Salem, NC247,945$1,40920.57%
33Fresno, CA531,576$1,39736.47%
28Louisville, KY617,638$1,3398.18%
54Corpus Christi, TX326,586$1,31511.95%
61Lincoln, NE289,102$1,309-5.04%
39Omaha, NE478,192$1,2772.84%
7San Antonio, TX1,547,253$1,2754.85%
31Albuquerque, NM560,513$1,26214.57%
95Augusta, GA197,888$1,25124.06%
99Knoxville, TN187,603$1,2499.82%
22El Paso, TX681,728$1,2418.75%
96Little Rock, AR197,312$1,24045.23%
87Birmingham, AL209,403$1,234-0.83%
55Lexington, KY323,152$1,22525.47%
17Indianapolis, IN876,384$1,212-12.07%
84Baton Rouge, LA220,236$1,1654.98%
98Mobile, AL188,720$1,1364.91%
86Des Moines, IA214,237$1,13210.71%
94Montgomery, AL198,525$1,09722.54%
27Memphis, TN651,073$1,09412.75%
60Greensboro, NC296,710$1,0142.15%
45Tulsa, OK401,190$1,01020.68%
66Toledo, OH272,779$932-16.37%
100Shreveport, LA187,112$919-18.71%
70Lubbock, TX258,862$831-7.63%
49Wichita, KS389,938$615-18.01%

Methodology

To determine average rent prices, we started with April 2022 data from Rent.com's multifamily rental property inventory and evaluated changes seen since April 2021. Monthly prices are based on the average price for that respective month as a whole.

We used a weighted average formula that more accurately represents price availability for each individual unit type and reduces the influence of seasonality on rent prices in specific markets. From there, we looked at historical standard deviations of our weighted rent prices to remove outlier markets and minimize potential volatility caused by lower inventory. Rent price increases and decreases per time period are based on the percentage change of apartment rental prices from April 2021.

The U.S. Census divides the country into four geographic regions: Northeast (Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont); Midwest (Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin); South (Alabama, Arkansas, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, District of Columbia and West Virginia) and West (Alaska, Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Hawaii, Utah, Washington and Wyoming). The top 100 cities in our analysis were determined by 2019 U.S. Census Bureau population estimates.

The rent information included in this article is used for illustrative purposes only. The data contained herein do not constitute financial advice or a pricing guarantee for any apartment.