What is the average cost of rent in U.S.?
Curious about U.S. rent prices? Explore the latest average rent costs for apartments and homes in 2025, plus city-specific trends and affordability insights.
As of January 2025, the average monthly rent for a two-bedroom apartment in the United States is approximately $1,356.This figure represents a slight decrease from previous years, reflecting a cooling rental market after prior surges.
However, rent prices vary significantly based on factors such as location, apartment size, and local demand. For instance, studio apartments are projected to see the largest increase, with rents rising 5.9% to a median of $1,384 in 2025.
Additionally, the average rent for single-family homes has risen by 41% since the pre-pandemic period, reaching $2,179 in January 2025, while apartment rents have increased by 26% to an average of $1,820.
It's important to note that these figures can fluctuate based on regional trends and economic conditions. For example, certain cities have experienced rent decreases, offering more affordable options for renters.