According to Zillow’s top 10 Hottest Rental Markets for Summer 2026, Providence ranked as top city, surpassing New York and San Francisco as demand outpaces housing supply. They say limited new construction in the Northeast and coastal California has intensified competition, driving up rents and lowering vacancies. Meanwhile, “Sun Belt” cities like Austin, Tampa, and Phoenix have added enough rental housing to moderate rent growth. In addition they point out that markets that aren’t as competitive still see strong demand, but they’ve been more effective at adding new housing supply.
Zillow’s top 10 hottest rental markets for summer 2026:
- Providence
- New York
- San Francisco
- Hartford
- Los Angeles
- Chicago
- Boston
- Milwaukee
- Virginia Beach
- San Jose
Click here to read the full report at Zillow.
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