【Zillow】Rent Growth Cools Slightly, Following For-Sale Market’s Lead (May 2025 Rental Market Report)

Rent growth is slightly weaker than normal this spring and is easing, following both an injection of rental inventory and the cooling for-sale housing market. The typical asking rent has climbed to $2,049, rising 0.4% from last month and up 3.2% compared to a year ago. This is a moderation from last month’s 0.6% increase. In April, rents were 3.4% higher than the same time last year.

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