Gitnux/Report 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.

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14 days agoUpdated

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

Last verified Jun 23, 2026

Verified via a 4-step process

01Source

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

02Verify

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03Grade

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Statistics that fail independent corroboration are excluded.

Rent inflation cooled to a 1.77 percent annual increase last month. This marks a significant slowdown from the 4.9 percent rate recorded two years prior. The data tracks a clear monthly deceleration throughout the past year.

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.

01 · Category

Industry Trends30 stats

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Interpretation

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.

Real Estate PropertyTop 10 Best Rental Listing Software of 2026

Reference

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.

Sources & references

1 datasets cited across this report · attribution is report-level

bls.gov