According to Apartment List’s National Rent Report for August, 2026, national median rent increased 0.2% in July to $1,388 – marking the 6th consecutive monthly increase. They say while rents are still down 1.1% compared to one year ago, year-over-year rent growth has been inching up and the vacancy rate is inching down, which they say signals a modest tightening of rental market conditions.

Click here to read the full report at Apartment List.

