Rents across U.S. metros fell in January from a year ago but remain higher than pre-pandemic levels, according to the real estate listings website Realtor.
“In the first month of 2025, the median asking rent across the 50 largest U.S. metropolitan areas picked up slightly to $1,703, from $1,695 in December 2024, but it remains down 0.2% from one year ago,” the company said in a Feb. 18 report. “This marks the 18th consecutive month in which rents have fallen year over year.”
