Annual U.S. rent growth increased at the lowest rate in about four years in December 2024, climbing just 1.8% year over year. Rent growth slowed throughout 2024 after being frontloaded at the beginning of the year.
Washington, DC, saw the highest increase year-over-year in December, while Detroit fell into the number two slot.
Click here to read CoreLogic’s full SFRI report with December 2024 data, featuring commentary from Principal Economist Molly Boesel.
All archived SFRI reports are available at this home page, while regular housing market reports and blog posts from CoreLogic’s Office of the Chief Economist can be found here.
