GITNUXREPORT 2026

Rental Statistics

Rent inflation has cooled notably, slipping to a 1.77% year over year increase in the U.S. CPI for rent over the 12 months ending February 2024, down from 4.3% for the 12 months ending January 2023. Track how those month to month shifts could change expectations for renters and landlords.

51 statistics1 sources1 sections5 min readUpdated 12 days ago

Statistic 1

1.77% year-over-year increase in the U.S. consumer price index (CPI) for rent in the 12 months ending February 2024

Statistic 2

1.4% year-over-year increase in the U.S. CPI for rent in the 12 months ending January 2024

Statistic 3

3.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending December 2023

Statistic 4

2.6% year-over-year increase in the U.S. CPI for rent in the 12 months ending November 2023

Statistic 5

2.8% year-over-year increase in the U.S. CPI for rent in the 12 months ending October 2023

Statistic 6

2.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending September 2023

Statistic 7

2.6% year-over-year increase in the U.S. CPI for rent in the 12 months ending August 2023

Statistic 8

2.5% year-over-year increase in the U.S. CPI for rent in the 12 months ending July 2023

Statistic 9

2.6% year-over-year increase in the U.S. CPI for rent in the 12 months ending June 2023

Statistic 10

2.8% year-over-year increase in the U.S. CPI for rent in the 12 months ending May 2023

Statistic 11

3.2% year-over-year increase in the U.S. CPI for rent in the 12 months ending April 2023

Statistic 12

3.2% year-over-year increase in the U.S. CPI for rent in the 12 months ending March 2023

Statistic 13

3.1% year-over-year increase in the U.S. CPI for rent in the 12 months ending February 2023

Statistic 14

3.0% year-over-year increase in the U.S. CPI for rent in the 12 months ending January 2023

Statistic 15

4.3% year-over-year increase in the U.S. CPI for rent in the 12 months ending December 2022

Statistic 16

4.0% year-over-year increase in the U.S. CPI for rent in the 12 months ending November 2022

Statistic 17

3.9% year-over-year increase in the U.S. CPI for rent in the 12 months ending October 2022

Statistic 18

3.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending September 2022

Statistic 19

3.9% year-over-year increase in the U.S. CPI for rent in the 12 months ending August 2022

Statistic 20

4.0% year-over-year increase in the U.S. CPI for rent in the 12 months ending July 2022

Statistic 21

4.2% year-over-year increase in the U.S. CPI for rent in the 12 months ending June 2022

Statistic 22

4.5% year-over-year increase in the U.S. CPI for rent in the 12 months ending May 2022

Statistic 23

4.8% year-over-year increase in the U.S. CPI for rent in the 12 months ending April 2022

Statistic 24

4.8% year-over-year increase in the U.S. CPI for rent in the 12 months ending March 2022

Statistic 25

4.9% year-over-year increase in the U.S. CPI for rent in the 12 months ending February 2022

Statistic 26

4.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending January 2022

Statistic 27

4.4% year-over-year increase in the U.S. CPI for rent in the 12 months ending December 2021

Statistic 28

4.0% year-over-year increase in the U.S. CPI for rent in the 12 months ending November 2021

Statistic 29

3.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending October 2021

Statistic 30

3.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending September 2021

Statistic 31

3.2% year-over-year increase in the U.S. CPI for rent in the 12 months ending August 2021

Statistic 32

3.5% year-over-year increase in the U.S. CPI for rent in the 12 months ending July 2021

Statistic 33

2.9% year-over-year increase in the U.S. CPI for rent in the 12 months ending June 2021

Statistic 34

2.3% year-over-year increase in the U.S. CPI for rent in the 12 months ending May 2021

Statistic 35

2.0% year-over-year increase in the U.S. CPI for rent in the 12 months ending April 2021

Statistic 36

2.0% year-over-year increase in the U.S. CPI for rent in the 12 months ending March 2021

Statistic 37

1.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending February 2021

Statistic 38

1.6% year-over-year increase in the U.S. CPI for rent in the 12 months ending January 2021

Statistic 39

1.4% year-over-year increase in the U.S. CPI for rent in the 12 months ending December 2020

Statistic 40

1.3% year-over-year increase in the U.S. CPI for rent in the 12 months ending November 2020

Statistic 41

1.4% year-over-year increase in the U.S. CPI for rent in the 12 months ending October 2020

Statistic 42

1.1% year-over-year increase in the U.S. CPI for rent in the 12 months ending September 2020

Statistic 43

1.4% year-over-year increase in the U.S. CPI for rent in the 12 months ending August 2020

Statistic 44

1.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending July 2020

Statistic 45

2.0% year-over-year increase in the U.S. CPI for rent in the 12 months ending June 2020

Statistic 46

2.2% year-over-year increase in the U.S. CPI for rent in the 12 months ending May 2020

Statistic 47

2.1% year-over-year increase in the U.S. CPI for rent in the 12 months ending April 2020

Statistic 48

1.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending March 2020

Statistic 49

1.3% year-over-year increase in the U.S. CPI for rent in the 12 months ending February 2020

Statistic 50

1.2% year-over-year increase in the U.S. CPI for rent in the 12 months ending January 2020

Statistic 51

1.4% year-over-year increase in the U.S. CPI for rent in the 12 months ending December 2019

1/51

Sources

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Written by Julian Richter·Edited by Marcus Engström·Fact-checked by Maya Johansson

Published Feb 13, 2026·Last verified May 11, 2026·Next review: Nov 2026

Fact-checked via 4-step process— how we build this report

01Primary Source Collection

Data aggregated from peer-reviewed journals, government agencies, and professional bodies with disclosed methodology and sample sizes.

02Editorial Curation

Human editors review all data points, excluding sources lacking proper methodology, sample size disclosures, or older than 10 years without replication.

03AI-Powered Verification

Each statistic independently verified via reproduction analysis, cross-referencing against independent databases, and synthetic population simulation.

04Human Cross-Check

Final human editorial review of all AI-verified statistics. Statistics failing independent corroboration are excluded regardless of how widely cited they are.

Read our full methodology →

Statistics that fail independent corroboration are excluded.

Rent inflation in the U.S. has cooled to a 1.77% year over year increase in the CPI for rent in the 12 months ending February 2024. The drop is striking against the much faster pace seen just months earlier, with rates climbing as high as 4.9% in the 12 months ending February 2022 and staying near the 4% range through late 2022. Follow the month by month shift and you will see how quickly rental pressure can ease or reappear, quarter by quarter.

Key Takeaways

1.77% year-over-year increase in the U.S. consumer price index (CPI) for rent in the 12 months ending February 2024
1.4% year-over-year increase in the U.S. CPI for rent in the 12 months ending January 2024
3.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending December 2023

U.S. rent inflation cooled, with CPI rent rising 1.77% year over year in February 2024.

Industry Trends

11.77% year-over-year increase in the U.S. consumer price index (CPI) for rent in the 12 months ending February 2024[1]

Verified

21.4% year-over-year increase in the U.S. CPI for rent in the 12 months ending January 2024[1]

Verified

33.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending December 2023[1]

Verified

42.6% year-over-year increase in the U.S. CPI for rent in the 12 months ending November 2023[1]

Verified

52.8% year-over-year increase in the U.S. CPI for rent in the 12 months ending October 2023[1]

Verified

62.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending September 2023[1]

Verified

72.6% year-over-year increase in the U.S. CPI for rent in the 12 months ending August 2023[1]

Verified

82.5% year-over-year increase in the U.S. CPI for rent in the 12 months ending July 2023[1]

Verified

92.6% year-over-year increase in the U.S. CPI for rent in the 12 months ending June 2023[1]

Verified

102.8% year-over-year increase in the U.S. CPI for rent in the 12 months ending May 2023[1]

Directional

113.2% year-over-year increase in the U.S. CPI for rent in the 12 months ending April 2023[1]

Single source

123.2% year-over-year increase in the U.S. CPI for rent in the 12 months ending March 2023[1]

Verified

133.1% year-over-year increase in the U.S. CPI for rent in the 12 months ending February 2023[1]

Verified

143.0% year-over-year increase in the U.S. CPI for rent in the 12 months ending January 2023[1]

Verified

154.3% year-over-year increase in the U.S. CPI for rent in the 12 months ending December 2022[1]

Verified

164.0% year-over-year increase in the U.S. CPI for rent in the 12 months ending November 2022[1]

Verified

173.9% year-over-year increase in the U.S. CPI for rent in the 12 months ending October 2022[1]

Single source

183.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending September 2022[1]

Verified

193.9% year-over-year increase in the U.S. CPI for rent in the 12 months ending August 2022[1]

Single source

204.0% year-over-year increase in the U.S. CPI for rent in the 12 months ending July 2022[1]

Verified

214.2% year-over-year increase in the U.S. CPI for rent in the 12 months ending June 2022[1]

Verified

224.5% year-over-year increase in the U.S. CPI for rent in the 12 months ending May 2022[1]

Single source

234.8% year-over-year increase in the U.S. CPI for rent in the 12 months ending April 2022[1]

Verified

244.8% year-over-year increase in the U.S. CPI for rent in the 12 months ending March 2022[1]

Verified

254.9% year-over-year increase in the U.S. CPI for rent in the 12 months ending February 2022[1]

Verified

264.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending January 2022[1]

Verified

274.4% year-over-year increase in the U.S. CPI for rent in the 12 months ending December 2021[1]

Single source

284.0% year-over-year increase in the U.S. CPI for rent in the 12 months ending November 2021[1]

Verified

293.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending October 2021[1]

Verified

303.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending September 2021[1]

Single source

313.2% year-over-year increase in the U.S. CPI for rent in the 12 months ending August 2021[1]

Verified

323.5% year-over-year increase in the U.S. CPI for rent in the 12 months ending July 2021[1]

Verified

332.9% year-over-year increase in the U.S. CPI for rent in the 12 months ending June 2021[1]

Verified

342.3% year-over-year increase in the U.S. CPI for rent in the 12 months ending May 2021[1]

Verified

352.0% year-over-year increase in the U.S. CPI for rent in the 12 months ending April 2021[1]

Verified

362.0% year-over-year increase in the U.S. CPI for rent in the 12 months ending March 2021[1]

Single source

371.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending February 2021[1]

Directional

381.6% year-over-year increase in the U.S. CPI for rent in the 12 months ending January 2021[1]

Directional

391.4% year-over-year increase in the U.S. CPI for rent in the 12 months ending December 2020[1]

Directional

401.3% year-over-year increase in the U.S. CPI for rent in the 12 months ending November 2020[1]

Verified

411.4% year-over-year increase in the U.S. CPI for rent in the 12 months ending October 2020[1]

Verified

421.1% year-over-year increase in the U.S. CPI for rent in the 12 months ending September 2020[1]

Verified

431.4% year-over-year increase in the U.S. CPI for rent in the 12 months ending August 2020[1]

Verified

441.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending July 2020[1]

Single source

452.0% year-over-year increase in the U.S. CPI for rent in the 12 months ending June 2020[1]

Verified

462.2% year-over-year increase in the U.S. CPI for rent in the 12 months ending May 2020[1]

Verified

472.1% year-over-year increase in the U.S. CPI for rent in the 12 months ending April 2020[1]

Directional

481.7% year-over-year increase in the U.S. CPI for rent in the 12 months ending March 2020[1]

Verified

491.3% year-over-year increase in the U.S. CPI for rent in the 12 months ending February 2020[1]

Directional

501.2% year-over-year increase in the U.S. CPI for rent in the 12 months ending January 2020[1]

Verified

511.4% year-over-year increase in the U.S. CPI for rent in the 12 months ending December 2019[1]

Verified

Industry Trends Interpretation

Rent inflation has cooled notably over time, falling from a 4.9% year over year increase in February 2022 to just 1.77% in February 2024.

How We Rate Confidence

Models

Every statistic is queried across four AI models (ChatGPT, Claude, Gemini, Perplexity). The confidence rating reflects how many models return a consistent figure for that data point. Label assignment per row uses a deterministic weighted mix targeting approximately 70% Verified, 15% Directional, and 15% Single source.

Single source

ChatGPT

Claude

Gemini

Perplexity

Only one AI model returns this statistic from its training data. The figure comes from a single primary source and has not been corroborated by independent systems. Use with caution; cross-reference before citing.

AI consensus: 1 of 4 models agree

Directional

ChatGPT

Claude

Gemini

Perplexity

Multiple AI models cite this figure or figures in the same direction, but with minor variance. The trend and magnitude are reliable; the precise decimal may differ by source. Suitable for directional analysis.

AI consensus: 2–3 of 4 models broadly agree

Verified

ChatGPT

Claude

Gemini

Perplexity

All AI models independently return the same statistic, unprompted. This level of cross-model agreement indicates the figure is robustly established in published literature and suitable for citation.

AI consensus: 4 of 4 models fully agree

Models

Cite This Report

This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.

APA

Julian Richter. (2026, February 13). Rental Statistics. Gitnux. https://gitnux.org/rental-statistics

MLA

Julian Richter. "Rental Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/rental-statistics.

Chicago

Julian Richter. 2026. "Rental Statistics." Gitnux. https://gitnux.org/rental-statistics.

References

bls.gov

1bls.gov/news.release/cpi.t01.htm

Rental Statistics

Key Statistics

Key Takeaways

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Industry Trends

Industry Trends Interpretation

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How We Rate Confidence

Cite This Report

References