Austin Asking Rents Drop 16% in January—More Than Any Other Major Metro—And Are Now $400 Below Their Record High
Redfin (NASDAQ: RDFN) reports that the U.S. median asking rent remained relatively stable at $1,599 in January, showing a minimal year-over-year decrease of 0.1% and a month-over-month increase of 0.5%. The median asking rent per square foot decreased 1.5% year-over-year to $1.80.
Austin, TX experienced the largest decline among major metros, with asking rents dropping 16% year-over-year to $1,399, now $400 below its August 2023 peak. Other significant decreases were seen in Tampa (-8.2%) and Salt Lake City (-6.5%). Conversely, Cincinnati led rent increases at 15%, followed by Providence (13.4%).
Across all apartment types, 3+ bedroom units saw the largest decline (-1.7% to $1,966). In Los Angeles, while overall rents remained flat at $2,780, 3+ bedroom apartments saw a 3.9% increase to $3,950, potentially influenced by recent wildfires and displaced families.
Redfin (NASDAQ: RDFN) riporta che l'affitto medio richiesto negli Stati Uniti è rimasto relativamente stabile a $1.599 a gennaio, mostrando una minima diminuzione dello 0,1% rispetto all'anno precedente e un aumento dello 0,5% rispetto al mese precedente. L'affitto medio richiesto per piede quadrato è diminuito dell'1,5% su base annua a $1,80.
Austin, TX ha registrato il calo più significativo tra le principali aree metropolitane, con affitti in calo del 16% su base annua a $1.399, ovvero $400 al di sotto del picco di agosto 2023. Altre diminuzioni significative sono state registrate a Tampa (-8,2%) e Salt Lake City (-6,5%). Al contrario, Cincinnati ha guidato gli aumenti degli affitti con un incremento del 15%, seguita da Providence (13,4%).
Tra tutti i tipi di appartamenti, le unità con 3 o più camere hanno registrato il calo più significativo (-1,7% a $1.966). A Los Angeles, mentre gli affitti complessivi sono rimasti stabili a $2.780, gli appartamenti con 3 o più camere hanno visto un aumento del 3,9% a $3.950, potenzialmente influenzato dagli incendi boschivi recenti e dalle famiglie sfollate.
Redfin (NASDAQ: RDFN) informa que el alquiler medio solicitado en EE. UU. se mantuvo relativamente estable en $1,599 en enero, mostrando una disminución mínima interanual del 0.1% y un aumento intermensual del 0.5%. El alquiler medio solicitado por pie cuadrado disminuyó un 1.5% interanual a $1.80.
Austin, TX experimentó la mayor caída entre las principales áreas metropolitanas, con los alquileres cayendo un 16% interanual a $1,399, ahora $400 por debajo de su pico en agosto de 2023. Otras disminuciones significativas se observaron en Tampa (-8.2%) y Salt Lake City (-6.5%). Por el contrario, Cincinnati lideró los aumentos de alquileres con un 15%, seguida de Providence (13.4%).
Entre todos los tipos de apartamentos, las unidades de 3+ habitaciones fueron las que más cayeron (-1.7% a $1,966). En Los Ángeles, aunque los alquileres generales se mantuvieron estables en $2,780, los apartamentos de 3+ habitaciones vieron un aumento del 3.9% hasta $3,950, posiblemente influenciado por los incendios forestales recientes y las familias desplazadas.
레드핀(Redfin, NASDAQ: RDFN)은 미국의 중앙 요청 임대료가 1월에 $1,599로 비교적 안정적으로 유지되었으며, 전년 대비 0.1%의 미세한 감소와 월간 대비 0.5%의 증가를 보였다고 보고했습니다. 제곱피트당 중앙 요청 임대료는 전년 대비 1.5% 감소하여 $1.80에 이르렀습니다.
오스틴, 텍사스(Austin, TX)는 주요 대도시 중 가장 큰 하락을 경험했으며, 요청 임대료는 전년 대비 16% 감소하여 $1,399에 도달했습니다. 이는 2023년 8월의 정점보다 $400 낮은 수치입니다. 탬파(-8.2%)와 솔트레이크시티(-6.5%)에서도 중요한 감소가 관찰되었습니다. 반면, 신시내티는 15%의 임대료 인상을 선도하며, 그 다음은 프로비던스(13.4%)가 뒤를 이었습니다.
모든 아파트 유형 중에서 3개 이상의 침실을 가진 유닛이 가장 큰 감소를 보였습니다(-1.7%로 $1,966). 로스앤젤레스에서는 전체 임대료가 $2,780로 유지되고 있지만, 3개 이상의 침실을 가진 아파트는 3.9% 증가하여 $3,950에 도달했습니다. 이는 최근의 산불과 이재민 가족들에 의한 영향일 수 있습니다.
Redfin (NASDAQ: RDFN) rapporte que le loyer médian demandé aux États-Unis est resté relativement stable à $1,599 en janvier, montrant une légère diminution annuelle de 0,1% et une augmentation mensuelle de 0,5%. Le loyer médian demandé par pied carré a diminué de 1,5% par rapport à l'année précédente, atteignant $1,80.
Austin, TX a connu la plus forte baisse parmi les grandes métropoles, avec des loyers demandés chutant de 16% par rapport à l'année précédente, atteignant $1,399, maintenant $400 en dessous de son pic d'août 2023. D'autres baisses significatives ont été observées à Tampa (-8,2%) et Salt Lake City (-6,5%). En revanche, Cincinnati a mené les augmentations de loyer avec 15%, suivie par Providence (13,4%).
Pour tous les types d'appartements, les unités de 3 chambres et plus ont connu la plus grande baisse (-1,7% pour atteindre $1,966). À Los Angeles, bien que les loyers globaux soient restés stables à $2,780, les appartements de 3 chambres et plus ont vu une augmentation de 3,9% pour atteindre $3,950, potentiellement influencée par les récents incendies de forêt et les familles déplacées.
Redfin (NASDAQ: RDFN) berichtet, dass die durchschnittliche Mietnachfrage in den USA im Januar bei $1.599 relativ stabil blieb, mit einem minimalen jährlichen Rückgang von 0,1% und einem monatlichen Anstieg von 0,5%. Der durchschnittliche Mietpreis pro Quadratfuß sank im Jahresvergleich um 1,5% auf $1,80.
Austin, TX verzeichnete den größten Rückgang unter den großen Ballungsräumen, wobei die Mietpreise im Jahresvergleich um 16% auf $1.399 fielen, was $400 unter dem Höhepunkt im August 2023 liegt. Auch signifikante Rückgänge wurden in Tampa (-8,2%) und Salt Lake City (-6,5%) festgestellt. Im Gegenzug führte Cincinnati mit einem Anstieg von 15%, gefolgt von Providence (13,4%).
Bei allen Wohnungstypen verzeichneten die Einheiten mit 3 oder mehr Schlafzimmern den größten Rückgang (-1,7% auf $1.966). In Los Angeles blieben die Gesamtmieten mit $2.780 stabil, während die Wohnungen mit 3 oder mehr Schlafzimmern um 3,9% auf $3.950 zunahmen, möglicherweise beeinflusst durch die jüngsten Waldbrände und die vertriebenen Familien.
- Rental market showing signs of stabilization with minimal year-over-year change (-0.1%)
- Month-over-month rent increase of 0.5% indicates steady market conditions
- Median asking rent per square foot declined 1.5% year-over-year
- Significant rent drops in key markets (Austin -16%, Tampa -8.2%)
- Declining rents across all apartment types for seventh consecutive month
Insights
The January rental market data reveals a complex landscape with significant implications for real estate investors and market participants. The headline figure of
The Austin market's dramatic
Conversely, the robust growth in mid-sized markets like Cincinnati (
The uniform decline across all bedroom types, particularly the
Looking ahead, two key factors warrant attention: First, the potential impact of new tariffs on building materials could constrain supply and push rents higher. Second, persistent high mortgage rates continue to force potential buyers into the rental market, maintaining demand pressure. This combination suggests the current rent stability might be temporary, with upward pressure likely to resume in markets where new supply is constrained.
Redfin reports the
The median asking rent per square foot fell
Rents are stabilizing because the number of available apartments is in sync with the number of people who want to rent those apartments. Asking rents skyrocketed during the pandemic moving frenzy because there weren’t enough apartments to go around, then dipped in 2023 and early 2024 because builders ramped up construction to meet newfound demand. Now, the number of new apartments hitting the market is tapering off, and demand, while strong, isn’t going gangbusters like it was during the pandemic.
“Rental supply and demand are in lockstep, which is keeping rent growth at bay, but that may not last long,” said Redfin Senior Economist Sheharyar Bokhari. “Apartment construction could be further hampered by new tariffs on building materials. At the same time, demand for apartments continues to grow as high mortgage rates and housing prices push homeownership out of reach for many Americans. Rents will tick up if demand starts to outpace supply in a meaningful way.”
In
In
Asking rents are falling quickly in parts of
Rents rose most in
Asking rents are down across all apartment types, with 3+ bedrooms seeing the biggest drop
Asking rents fell across all bedroom counts for the seventh consecutive month in January.
The median asking rent for 3+ bedroom apartments dropped
In
There have been news reports of rental price gouging in the wake of the
To view the full report including charts, methodology and metro-level insights, please visit: https://www.redfin.com/news/rental-tracker-january-2025
About Redfin
Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, and title insurance services. We run the country's #1 real estate brokerage site. Our customers can save thousands in fees while working with a top agent. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than
Redfin’s subsidiaries and affiliated brands include: Bay Equity Home Loans®, Rent.™, Apartment Guide®, Title Forward® and WalkScore®.
For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin's press release distribution list, email press@redfin.com. To view Redfin's press center, click here.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250210797676/en/
Contact Redfin
Redfin Journalist Services:
Kenneth Applewhaite
press@redfin.com
Source: Redfin
FAQ
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