Rental Competitiveness Index

Views of foxtail palm trees at the front of apartment buildings at Miami, FL, the most competitive rental markets in the U.S. at the start of the 2025 moving season.

Miami’s Rental Market Is Red Hot, Fueled by Florida’s Renewed Momentum

As the summer moving season ramps up, apartment hunting is becoming more challenging for renters across the U.S. Bolstered by…

An aerial panorama captures the sprawling urban and suburban landscape of Chicago one of the hottest rental markets in the U.S. at the start of 2025 - showcasing its dense cluster of skyscrapers, including the iconic Willis Tower, transitioning into less concentrated development before meeting the vast expanse of Lake Michigan under a partially clouded sky.

Hottest Rental Markets in Early 2025: Chicagoland’s Rise Challenges Miami

At the start of 2025, the Midwest emerged as the most competitive region for apartment-hunters with 10 metros in the…

A modern apartment building with balconies and large windows.

2024 Year-End Report: Miami’s Competitiveness Wanes With Suburban Chicago and Milwaukee Closing In

The Midwest stands out as a red-hot region for renters in 2024, with five markets in the nation’s top 10…

The U.S. hottest rental markets in peak season 2024 feature Suburban Chicago at a tie with Miami for first place. Aerial view of downtown Joliet, IL (in suburban Chicago) showcasing its riverfront, historic architecture, and urban landscape.

Chicagoland Matches Miami for Hottest Rental Market, Fueled by Rise of the Midwest

Key Takeaways: The national RCI score stands at 75.8 during the busiest time for moving, with significantly more renters choosing…

Modern suburban apartment complex with varied brick and siding façades, featuring balconies and large windows under a clear blue sky.

Chicago, Silicon Valley Challenge Miami as Hottest Rental Markets

Key takeaways: The national competitivity score stands at 73.4 out of 100 at the start of the moving season, with…

Downtown Milwaukee WI skyline with apartment buildings

America’s Hottest Rental Markets at the Start of 2024: Miami Holds Leading Spot Amid Rising Competition in the Midwest

Key takeaways: The national competitivity score stands at 73.4 out of 100 in early 2024, with vacant apartments finding occupants…

Hottest rental markets in the U.S. in 2023.

2023 Year-End Report: Miami Tops U.S. Hottest Rental Markets, but the Midwest Heats Up the Competition

The Midwest was the most competitive region for renting in 2023 with three of its markets making the top five…

Downtown Milwaukee, WI, skyline featuring a mix of historic and modern buildings under a partly cloudy sky.

Best Rental Markets in the U.S.: Competition for Apartments Intensifies in Midwest This Rental Season, but Miami Holds Onto 1st Place

Miami was the most competitive rental market during this summer’s peak moving season, but the Midwest was America’s hottest apartment…

Miami Is Nation’s Hottest Renting Spot as Florida Shines Again This Rental Season

Although the very start of the year saw a pivot in the Northeast, Florida’s apartment market is once again the…

America’s Hottest Rental Markets at the Start of 2023: North Jersey Overtakes Miami as Competition Builds Up in the Northeast

The national competitivity score is 60 out of 126 at the start of the year, with vacant apartments occupied within…

hottest rental markets in the u.s. 2022

2022 Year-End Report: Miami Was America’s Most Competitive Rental Market This Year, Two-Thirds of Renters Renewed Leases

In 2022, an average of 14 renters competed for each vacant apartment and the overall national competitivity score was 59.9…

Most Competitive Rental Markets

The Most Competitive Rental Markets in the First Half of 2022: Miami Is Red Hot, While Competition in the Northeast Intensifies

As the nation is buzzing with renting activity, we’re ranking the most competitive rental markets in the first half of…

rental markets 2021 report

2021 Year-End Report: Outdoor-Friendly Small Metros Were the Most Desirable for Rent, Led by Eugene, OR

In 2021, the most competitive rental markets were small metros, within close proximity of nature that allow for an affordable…