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Metropolitan Rent Changes from 2018-2021
By: Rob Warnock
January 20, 2022
2021 was a sizzling hot year for rental markets across the country. Nationally, rents soared 17.8 percent, and 149 different metropolitan areas saw prices rise at least 10 percent. To put that in perspective, in 2019 only three metros experienced that level of rent growth. In 2021, the steepest increases were concentrated in Florida, whose temperate climate and relatively low cost-of-living attracted renters from across the country throughout the pandemic. The Sunshine State is home to the seven metros where rents grew the fastest.
For complete metro-level rent data, visit our data download page.
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SENIOR RESEARCH ASSOCIATE
Rob is a senior research associate at Apartment List, where he examines trends in the housing and rental markets. Previously he worked in public health policy, and before that, graduated from UCLA with a degree in Globalization. Read More
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