March 10, 2026

US Rents fall for 32nd month, renting cheaper than mortgages in major areas

US Rents fall for 32nd month, renting cheaper than mortgages in major areas

US rents have decreased by 1.3% over the past year, marking the 32nd consecutive month of year-over-year decline. This trend makes renting a home more affordable than paying a mortgage in all of the 50 largest metropolitan areas in the United States, highlighting a significant shift in housing affordability dynamics across the country.

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