According to the latest Cotality (formely CoreLogic) Single-Family Rent Index (SFRI), U.S. single-family home rental prices increased 2.9% year over year in February, 2025. The monthly growth rate for February was 1%, which was above the average of 0.2% for February from 2004-2019, marking the second consecutive month since mid-2024 that monthly growth has been above the seasonal trend. Rent prices for high-end properties increased 3.7% year over year in February, with low-end rent prices increasing 2% year over year in February.
“Single-family rent growth strengthened in February, continuing a trend of higher annual gains. The monthly increases in the single-family rent index were above the seasonal trend as well, which contrasts with those recorded by the home price index. While economic uncertainty may be putting a damper on the home purchase market, it may have the opposite effect on the rental market as renters may choose to stay put.” Said Cotality senior principal economist Molly Boesel.
Click here to read the full report at Cotality (formerly Corelogic)