According to the latest CoreLogic Single-Family Rent Index (SFRI), U.S. single-family home rental prices rose by 3% year over year in April, 2024. They report all four price tiers saw growth in line with the U.S. average, with only the high tier posting an increase from one year earlier.
“Annual single-family rent growth has solidified over the past few months, increasing at roughly the long-term trend…However, monthly single-family rent growth gained momentum and was higher than usual for April. At the current rate, rents are poised to grow by roughly 3% through the end of 2024.” Said Molly Boesel, principal economist for CoreLogic.
Click here to read the full report at CoreLogic.
