Market Insights Archives - RentCafe rental blog

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

Veronica Grecu — Thu, 12 Jun 2025 07:02:10 +0000

As the summer moving season ramps up, apartment hunting is becoming more challenging for renters across the U.S. Bolstered by Florida’s growing appeal, Miami strengthens its status as the hottest renting spot with Chicagoland on its toes as a strong contender, driven by its diverse economy and relatively affordable cost of living compared to major…

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1 in 11 Millionaires Now Rents, Southern Metro Areas Become Hotspots for Luxury Living

Adina Dragos — Wed, 04 Jun 2025 07:01:30 +0000

In a stunning reversal of traditional wealth patterns, millionaire renters have tripled since 2019, outpacing their homeowning counterparts in one of real estate’s most unexpected trends. While New York and San Francisco remain magnets for affluent tenants, emerging hotspots in Texas and Florida reveal a shift in where America’s wealthiest households choose to live —…

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Canada Renter Interest Report: Moncton, NB, Tops Q1 2025 Rankings as Toronto Slides Down the List

Florin Petrut — Fri, 16 May 2025 07:03:33 +0000

Apartment searches across Canada saw their usual seasonal dip in the first quarter of 2025, reflecting the typical slowdown that comes with the winter months. But, even with this typical cool-down, renter interest remains strong nationwide, driven by persistent challenges in the housing market, such as high home prices and limited inventory. With renting still…

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Washington, D.C., Leads Cities That Built Most New Downtown Apartments

Alexandra Both — Thu, 08 May 2025 07:00:59 +0000

New apartment construction continues to break records, but in recent years, developers have gradually shifted focus from bustling downtowns to outlying areas. This shift mirrors how people are rethinking where — and how — they want to live due to flexible work arrangements and lifestyle changes. Still, there’s a lot to love about downtown living.…

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Renter Engagement Tracker: Washington, D.C. Ranks 1st With South Claiming Half of Top 30

Florin Petrut — Tue, 06 May 2025 06:40:58 +0000

Key Takeaways: Washington, D.C., emerges as the top city for rental activity in the first quarter. Las Vegas and Fort Lauderdale, FL, jump 88 and 71 spots, respectively, from last year. The South dominates with 15 cities in the top 30 — yet the top 10 is led by the Midwest with seven entries. With…

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U.S. Average Apartment Size Is Increasing, With San Francisco and New York Leading the Charge

Adina Dragos — Wed, 23 Apr 2025 07:00:07 +0000

As we kick off the rental season, square footage has emerged as the new currency in the apartment market, with larger rentals gaining momentum. Our annual analysis shows a significant shift in the U.S. rental landscape: the average size of new apartments expanded again in 2024, reversing a decade-long trend of shrinking floor plans. The…

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Rental Activity Report: Washington, D.C., Still in the Lead, With Midwest Matching South for Renter Interest

Florin Petrut — Mon, 31 Mar 2025 07:00:18 +0000

With spring approaching fast, many renters are ditching the winter blues and looking for their next happy place. But which cities saw the most interest from apartment hunters this month? Key Takeaways: Washington, D.C., is once again the top choice for renters, holding onto its #1 position for the fifth month running. The Midwest rises…

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New Chapter Unlocked: These Are the Best College Towns for 2025

Mihaela Buzec — Mon, 17 Mar 2025 09:24:24 +0000

Bozeman, MT, takes the crown of the best college town in the U.S. for second year in a row. East Lansing, Provo, Ann Arbor, and Stanford are newcomers in the top 10. Western and Midwestern college towns dominate the top 20, with a total of 15 cities among the best in the nation. Calling all…

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

Veronica Grecu — Wed, 05 Mar 2025 08:05:54 +0000

At the start of 2025, the Midwest emerged as the most competitive region for apartment-hunters with 10 metros in the top 20. In particular, Suburban Chicago (ranked second in the U.S.) has positioned itself as a close rival to the number one, Miami, which — despite Florida’s market cooling throughout the past year — continues…

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Luxury for Less: Best Zip Codes for Upscale Living at Lower Rents

Alexandra Both — Wed, 19 Feb 2025 08:00:38 +0000

An attractive apartment with desirable amenities, in a nice neighborhood, at a reasonable monthly rent. Many renters dream of such a combination, but few know this is possible. So, to help renters find the best deals as we gear up for the peak season for moving, RentCafe.com analyzed zip codes across the nation to pinpoint…

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