U.S. Apartment Rents Rise in December, Ending Five-Month Slump

Reuters01-09

U.S. Apartment Rents Rise in December, Ending Five-Month Slump

CoStar Group Inc.'s Apartments.com has released its December 2025 multifamily rent growth report, revealing a modest uptick in national apartment rents after five months of flat or negative changes. The national average rent rose to $1,708, a 0.1% monthly increase, while annual growth eased to 0.66%. The report notes that markets with high levels of new construction experienced weaker rent performance, whereas supply-constrained areas in the Midwest and select coastal regions continued to see stronger growth. The Midwest led regional growth with a 0.12% monthly increase and a 2.2% annual rise, while the West posted a slight decline. San Francisco topped metro-level annual rent growth at 5.9%, while markets like Austin, Denver, and San Antonio saw declines due to oversupply. Despite some improvement, a lingering inventory overhang continues to weigh on rent growth nationwide.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoStar Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260108101018) on January 08, 2026, and is solely responsible for the information contained therein.

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The national average rent rose to $1,708, a 0.1% monthly increase, while annual growth eased to 0.66%. The report notes that markets with high levels of new construction experienced weaker rent performance, whereas supply-constrained areas in the Midwest and select coastal regions continued to see stronger growth. The Midwest led regional growth with a 0.12% monthly increase and a 2.2% annual rise, while the West posted a slight decline. San Francisco topped metro-level annual rent growth at 5.9%, while markets like Austin, Denver, and San Antonio saw declines due to oversupply. Despite some improvement, a lingering inventory overhang continues to weigh on rent growth nationwide.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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