Zumper Rent Data 2026 | National Rent Trends, City Rankings & Market Insights

πŸ“Š Zumper Rent Data 2026: National Trends & City Rankings

Real rent data from Zumper’s National Rent Report. Updated monthly β€” see where rents are rising, falling, and what it means for you.

πŸ‡ΊπŸ‡Έ National Trends πŸ™οΈ City Rankings πŸ“ˆ Market Insights
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$1,508
National Median 1BR Rent
↑ 0.4% from last month
$1,895
National Median 2BR Rent
↑ 0.8% from last month
-0.6%
1BR YoY Change
Declines nearly disappeared
$5,340
SF 2BR Rent (Highest in US)
↑ 22.8% YoY

πŸ‡ΊπŸ‡Έ National Rent Trends 2026: Market Stabilizing

According to Zumper’s latest National Rent Report (April 2026), the rental market is showing clear signs of stabilization after the unusual cuts of 2025 [citation:2][citation:5].

πŸ“ˆ Rents Turning Around

After 10 straight months of annual declines, the median one-bedroom rent ticked up 0.4% to $1,508 in April 2026. Two-bedroom rents grew 0.8% to $1,895 [citation:5].

πŸ“Š Still Below Peaks

One-bedroom rents are just 2% below December 2024’s peak of $1,538. Two-bedroom rents are nearing their August 2024 high of $1,915 [citation:5].

πŸ—οΈ Supply Normalizing

After 10 consecutive quarters of elevated apartment deliveries, new supply has begun to normalize β€” slowly drawing down excess inventory [citation:5].

πŸ’‘ What Zumper’s CEO Says: “Our latest national rent data shows early signs that the declines of the last few quarters are moderating as the market begins to rebalance. While it’s still early, the consistency in recent data suggests fall 2025 may have marked a cyclical low for many rental markets.” β€” Anthemos Georgiades, CEO of Zumper [citation:2][citation:4]
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πŸ™οΈ Most Expensive Rental Markets (April 2026)

Here are the top 15 most expensive cities for renters according to Zumper’s latest data [citation:5]:

RankCity1BR Rent2BR RentYoY Change (1BR)
1New York, NY$4,540$5,500-2.2%
2San Francisco, CA$3,850$5,340+19.9% πŸ”₯
3Boston, MA$3,000$3,600+4.9%
3Jersey City, NJ$3,000$3,200-3.5%
5Miami, FL$2,580$3,230-4.4%
6San Jose, CA$2,550$3,380-5.2%
7Arlington, VA$2,440$3,400-3.9%
8Washington, DC$2,320$3,000+1.3%
9Urban Honolulu, HI$2,300$3,000+7.0%
10Chicago, IL$2,220$2,500+8.3% πŸ”₯
11Los Angeles, CA$2,210$3,030-3.9%
12San Diego, CA$2,200$2,990-2.2%
13Santa Ana, CA$2,110$2,800-4.1%
14Anaheim, CA$2,100$2,670+0.5%
15Oakland, CA$2,000$2,610+1.5%

πŸ” Note: Los Angeles fell out of the top 10 for the first time ever due to record new apartment supply and softening demand [citation:5].

πŸ“ˆ Fastest Growing Rental Markets

Not all markets are cooling. Some cities are seeing dramatic rent increases [citation:2][citation:5]:

πŸ”₯ San Francisco, CA

1BR up 19.9% YoY to $3,850
2BR up 22.8% YoY to $5,340
Highest rents ever recorded in Zumper data

πŸ† Chicago, IL

1BR up 8.3% YoY to $2,220
Re-entered top 10 for first time in 2 years

🌺 Honolulu, HI

1BR up 7.0% YoY to $2,300
Entered top 10 as 9th priciest market

πŸ›οΈ Providence, RI

1BR up 5.1% YoY to $1,850
Boston spillover market gaining traction

πŸ’‘ Why is SF surging? “Renewed job growth tied to AI and a gradual return to in-office work are pushing demand back into the market, particularly for larger units, at a time when new supply remains limited.” β€” Zumper CEO [citation:2][citation:4]
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πŸ“‰ Markets Where Rents Are Falling

Supply-heavy Sun Belt and Mountain West markets are still absorbing excess inventory [citation:2][citation:4]:

City1BR RentYoY ChangeWhy?
Knoxville, TN$1,420 (est)-13.2%Excess supply from building boom
Memphis, TN$1,100 (est)-9.5%Concessions include 3 months free rent
Chattanooga, TN$1,450 (est)-8.7%Supply outpacing demand
Nashville, TN$1,500-5.7%8,200+ new units delivered, vacancy at 20-year high
Denver, CO$1,580-7.1%Mountain West supply overhang
Austin, TX$1,480-1.3%Sun Belt normalization
πŸ’° Renter’s Market Alert: In Memphis and Nashville, property owners are offering concessions that include up to 3 months of free rent, waived fees, and move-in credits [citation:2][citation:4].

🏘️ Zumper Neighborhood-Level Data: Charlotte, NC

Zumper also provides granular neighborhood data. Here’s how rents vary across Charlotte neighborhoods [citation:1][citation:6][citation:9]:

NeighborhoodMedian Rent1BR Rent2BR RentYoY Change
Dilworth$2,191$2,025$2,895+5%
Belmont$1,975$1,595$1,975+1%
University City North$1,737$1,503$1,675+20%

πŸ’‘ Pro tip: You can find similar detailed rent data for any US city using Zumper’s rent research tool. The platform shows price distributions, per-square-foot costs, and historical trends [citation:1].

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πŸ“Š Key Takeaways from Zumper’s 2026 Data

1️⃣ Coastal Markets Are Rebounding

San Francisco, New York, Boston, and Chicago are seeing rent growth. Limited new supply in these markets is driving competition [citation:5].

2️⃣ Sun Belt Still Cooling

Phoenix, Austin, Nashville, and other high-supply Sun Belt markets are still working through excess inventory. Great time to rent in these cities [citation:2].

3️⃣ Fee Transparency Is Growing

Zumper now displays “Total Monthly Leasing Price” including mandatory fees, helping renters compare true costs [citation:3][citation:7].

4️⃣ National Rents May Hit All-Time Highs

With one-bedroom rents just 2% below peak, 2026 could see record national rents before summer ends [citation:5].

πŸ” New: Fee Transparency on Zumper

Zumper now requires property listings to display the “Total Monthly Leasing Price” β€” including all mandatory fees [citation:3][citation:7].

  • βœ… No more hidden “application fees” or “amenity fees”
  • βœ… Compare true costs across apartments
  • βœ… Already required in Colorado, Connecticut, Massachusetts β€” expanding nationwide
  • βœ… Zumper also offers a cost calculator on listings to estimate total monthly expenses