Redfin Reports Asking Rents Rose the Most in Over a Year in August, But Remain Below Record Highs Hit Two Years Earlier
Redfin reports that median U.S. asking rent rose 0.9% year over year in August to $1,645, marking the biggest annual increase since April 2023. Despite this rise, rents remain 3.2% below the all-time high set two years ago. The report highlights:
- 0-1 bedroom apartments: up 0.1% to $1,495
- 2 bedroom apartments: unchanged at $1,725
- 3+ bedroom apartments: down 1.7% to $2,008
Rental affordability has improved due to lower rents and wage growth of 3.8% year over year. The construction boom, especially in Sun Belt states, has led to supply outweighing demand in some areas. Austin, TX saw the steepest rent decline at 17.6% year over year, while Virginia Beach, VA experienced the largest increase at 15.2%.
Redfin riporta che l'affitto medio negli Stati Uniti è aumentato dello 0,9% su base annua ad agosto, raggiungendo i $1,645, segnando il più grande incremento annuale da aprile 2023. Nonostante questo aumento, gli affitti rimangono inferiori del 3,2% rispetto al massimo storico raggiunto due anni fa. Il rapporto evidenzia:
- Appartamenti con 0-1 camera: aumentati dello 0,1% a $1,495
- Appartamenti con 2 camere: invariati a $1,725
- Appartamenti con più di 3 camere: diminuiti dell'1,7% a $2,008
La sostenibilità degli affitti è migliorata grazie ai prezzi più bassi e a un aumento salariale del 3,8% su base annua. Il boom edilizio, specialmente negli stati del Sun Belt, ha portato a una sovrabbondanza di offerta rispetto alla domanda in alcune aree. Austin, TX ha registrato la maggiore diminuzione degli affitti, con un calo del 17,6% su base annua, mentre Virginia Beach, VA ha visto il maggiore aumento con un incremento del 15,2%.
Redfin informa que el alquiler medio en EE. UU. aumentó un 0.9% interanual en agosto, alcanzando los $1,645, marcando el mayor incremento anual desde abril de 2023. A pesar de este aumento, los alquileres se mantienen un 3.2% por debajo del máximo histórico establecido hace dos años. El informe destaca:
- Apartamentos de 0-1 dormitorio: aumento del 0.1% a $1,495
- Apartamentos de 2 dormitorios: sin cambios a $1,725
- Apartamentos de 3 o más dormitorios: disminución del 1.7% a $2,008
La asequibilidad de los alquileres ha mejorado debido a los alquileres más bajos y un crecimiento salarial del 3.8% interanual. El boom de la construcción, especialmente en los estados del Sun Belt, ha llevado a que la oferta supere la demanda en algunas áreas. Austin, TX vio la mayor disminución del alquiler con un descenso del 17.6% interanual, mientras que Virginia Beach, VA experimentó el mayor aumento con un incremento del 15.2%.
레드핀은 미국의 평균 임대료가 8월에 전년 대비 0.9% 상승하여 $1,645에 도달했다고 보고하며, 이는 2023년 4월 이후 가장 큰 연간 증가를 의미한다. 이러한 상승에도 불구하고 임대료는 2년 전의 역사적 최고치보다 3.2% 낮은 상태다. 이 보고서는 다음과 같은 내용을 강조한다:
- 0-1베드룸 아파트: 0.1% 증가하여 $1,495
- 2베드룸 아파트: $1,725로 변동 없음
- 3베드룸 이상 아파트: 1.7% 감소하여 $2,008
임대 가능성이 향상된 것은 낮은 임대료와 전년 대비 3.8%의 임금 증가 덕분이다. 건설 붐이 특히 썬벨트 주에서 공급이 수요를 초과하게 만들었다. 오스틴, TX는 전년 대비 17.6%로 가장 큰 임대료 하락을 경험했다, 반면 버지니아 비치, VA는 15.2%로 가장 큰 증가를 보였다.
Redfin rapporte que le loyer médian aux États-Unis a augmenté de 0,9 % d'une année sur l'autre en août, atteignant 1 645 $, marquant la plus grande augmentation annuelle depuis avril 2023. Malgré cette hausse, les loyers restent 3,2 % en dessous du record historique atteint il y a deux ans. Le rapport met en lumière :
- Appartements de 0 à 1 chambre : en hausse de 0,1 % à 1 495 $
- Appartements de 2 chambres : inchangés à 1 725 $
- Appartements de 3 chambres et plus : en baisse de 1,7 % à 2 008 $
L'accessibilité des loyers s'est améliorée grâce à la baisse des loyers et à une augmentation salariale de 3,8 % d'une année sur l'autre. Le boom de la construction, notamment dans les États du Sun Belt, a conduit à une offre dépassant la demande dans certaines régions. Austin, TX a connu la plus forte baisse des loyers avec 17,6 % d'une année sur l'autre, tandis que Virginia Beach, VA a enregistré la plus forte augmentation avec 15,2 %.
Redfin berichtet, dass die durchschnittliche Miete in den USA im August um 0,9% im Vergleich zum Vorjahr auf $1,645 gestiegen ist, was den größten jährlichen Anstieg seit April 2023 darstellt. Trotz dieses Anstiegs liegen die Mieten 3,2% unter dem historischen Höchststand von vor zwei Jahren. Der Bericht hebt hervor:
- 0-1 Schlafzimmer Wohnungen: um 0,1% auf $1,495 gestiegen
- 2 Schlafzimmer Wohnungen: unverändert bei $1,725
- 3+ Schlafzimmer Wohnungen: um 1,7% auf $2,008 gesunken
Die Erschwinglichkeit von Mieten hat sich aufgrund niedrigerer Preise und einem Lohnwachstum von 3,8% im Vergleich zum Vorjahr verbessert. Der Bauaufschwung, insbesondere in den Staaten des Sun Belt, hat dazu geführt, dass in einigen Regionen das Angebot die Nachfrage übersteigt. Austin, TX verzeichnete den größten Rückgang der Mieten mit 17,6% im Vergleich zum Vorjahr, während Virginia Beach, VA die größte Erhöhung mit 15,2% erlebte.
- Median U.S. asking rent rose 0.9% year over year, indicating market recovery
- Rental affordability has improved due to lower rents and 3.8% wage growth
- Multifamily building completions are at historic highs, increasing supply
- Some markets show strong rent growth, with Virginia Beach up 15.2% year over year
- Overall rents remain 3.2% below the all-time high set two years ago
- Rents for 3+ bedroom apartments fell 1.7% year over year
- Some markets experiencing significant rent declines, with Austin down 17.6% year over year
- New construction is starting to slow down, potentially leading to future rent increases
Insights
The 0.9% year-over-year increase in median U.S. asking rent to
The report reveals significant regional variations in the rental market. Austin's 17.6% year-over-year rent decrease is particularly noteworthy, exemplifying the impact of oversupply in rapidly growing markets. This trend extends to other Sun Belt cities like San Diego and Jacksonville, suggesting a potential correction in these previously hot markets. Conversely, the substantial rent increases in Virginia Beach (
The median asking rent climbed for the fifth consecutive month, up
Rents for 0-1 bedroom apartments ticked up
While rents rose the most in nearly 18 months, August marked two years from when they hit an all-time high. Lower rents, paired with wages growing
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Multifamily building completions are at historic highs in 2024 and in some areas supply now outweighs demand. That is driving some building owners to reduce rents and offer concessions to prospective tenants.
“Almost everything in our lives costs more than it did two years ago—but rents have remained largely stable thanks to the construction boom, especially across the Sun Belt states,” said Redfin Senior Economist Sheharyar Bokhari. “We are seeing rents tick up a little now that new construction is starting to slow down, but asking rents are likely to stay relatively flat for some time due to the backlog of new apartments that are still coming onto the market.”
Rents in
The trend of increased construction leading to lower rents is most obvious in
Authorities in the
The median asking rent in
To view the full report, including charts, metro-level data and methodology, please visit:
https://www.redfin.com/news/rental-tracker-august-2024
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, title insurance, and renovations 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. Customers selling a home can have our renovations crew fix it up to sell for top dollar. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than
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View source version on businesswire.com: https://www.businesswire.com/news/home/20240910165342/en/
Contact Redfin
Redfin Journalist Services:
Kenneth Applewhaite
press@redfin.com
Source: Redfin
FAQ
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