Study: Rents up 41% in major U.S. cities
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A new LendingTree analysis of HUD fair-market rents finds average one-bedroom rents in the 50 largest U.S. cities rose $457 (41%) to $1,578 and two-bedroom rents rose $505 (37%) to $1,858 between 2020 and 2025, with New York, San Diego and Miami posting the biggest jumps. The report attributes spikes to demand outpacing supply and population growth, while San Francisco saw minimal increases; a Zillow/StreetEasy report says rents since 2019 have outpaced wages 1.5x and Realtor.com projects only a 1% national rent dip next year.
Housing and Rent
U.S. Economy