Real Estate

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.
As Rent Declines Nationally, Some Declare 2025 a ‘Renter’s Market’
A sign is posted in front of an apartment building with available rentals in San Francisco on June 9, 2023. Justin Sullivan/Getty Images
Juliette Fairley
Juliette Fairley
Freelance reporter
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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
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]