As Rent Declines Nationally, Some Declare 2025 a ‘Renter’s Market’
Others say that 2025 won’t favor renters, as growing demand for housing is driving up rental costs in cities such as San Francisco, Seattle, and Portland.
A sign is posted in front of an apartment building with available rentals in San Francisco on June 9, 2023. Justin Sullivan/Getty Images
The national median rent, at $1,695, is on the decline nationwide, according to a Realtor.com report, leading some experts to characterize 2025 as a “renter’s market.”
In December 2024, the latest rent price was $18 lower than a year ago and down $8 from November 2024.
Juliette Fairley
Freelance reporter
Juliette Fairley is a freelance reporter for The Epoch Times and NTD and a graduate of Columbia University’s Graduate School of Journalism. Born in Chateauroux, France, and raised outside of Lackland Air Force Base in Texas, Juliette is a well-adjusted military brat. She has written for many publications across the country. Send Juliette story ideas at [email protected]