Single-Family Rents Flat In 2025 After Years Of Large Gains

The Rentometer Single-Family Report focuses on median advertised rents for three-bedroom single-family homes, the most common single-family rental configuration – a sector that houses approximately 41% of the U.S. renter population.

After years of robust increases, rental growth slowed to a crawl in 2025. After climbing 7.8% in 2022 and nearly 3% in 2023, annual rent growth cooled to 2.4% in 2024 and fell below 0.25% in 2025, reflecting a market grappling with elevated vacancies, slowing demand and affordability pressures.

The median rent for a three-bedroom single-family home in the United States was $2,100 in 2025, remaining largely unchanged from the prior year.

Single-family vacancy rates reached 6.3% in early 2025, the highest level in nearly a decade.

A large wave of new apartment supply delivered over the past two years has provided a viable alternative for renters who might otherwise choose single-family homes, particularly those facing affordability pressures.

According to Zillow survey data, only about half of recent renters who moved out of a single-family detached rental transitioned into another single-family home, with the remainder shifting to apartments or other housing types.

Source: Rentometer