NEWS
Rent for single-family homes surged 10% in September, boosted by pricey for-sale market and job growth
  • Rents for single-family homes rose 10.2% nationally in September year over year, up from a 2.6% increase in September of last year.
  • Miami saw the highest rent increase in the nation.
  • The priciest rental homes are seeing the strongest rent increases.

Rents for single-family homes increased 10.2% nationally in September year over year, up from a 2.6% rise in September of last year, according to a new report from CoreLogic.

Improved job growth and sky-high prices in the for-sale housing market added to already strong demand for single-family rentals fueled by the coronavirus pandemic.

Other News