US Median Rent Ticks Up in February, First Monthly Increase in 6 Months

Year over year, the median rent was still down by 1.5 percent.
US Median Rent Ticks Up in February, First Monthly Increase in 6 Months
A rental sign in front of a building in Miami Beach, Fla., on Dec. 6, 2022. Joe Raedle/Getty Images
Mary Prenon
Mary Prenon
Freelance Reporter
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For the first time since July 2025, the national median rent inched up by 0.2 percent in February, to $1,357, following six months of declines.

A Feb. 25 report from Apartment List noted that the uptick is in line with typical season patterns, as costs often soften during the fall and winter when people are less likely to relocate.

Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.