The May 2025 edition of Zumper’s National Rent Report shows the latest trends in rental prices across the country. The report indicates a slight increase in rental prices compared to the previous month, with the national median rent for a one-bedroom apartment now standing at $1,500 and the median rent for a two-bedroom apartment at $1,800.
Several cities experienced significant changes in rental prices, with some seeing an upward trend while others saw a slight decrease. Cities like New York, San Francisco, and Los Angeles continue to have some of the highest rental prices in the country, while cities in the Midwest and South tend to have more affordable rental options.
Overall, the rental market remains competitive, with demand for rental properties continuing to outpace supply in many areas. As we head into the summer months, it will be interesting to see how rental prices continue to evolve in the coming months.
Rental information site Zumper recently released their latest monthly National Rent Report for May, 2025. According to their data, median rent for 1-bedroom apartments was $1520 (up 0.2%) and $1,907 (up 0.3%) for two-bedrooms. Be sure to check out their list of the top 100 metro areas.
“As May marks the start of peak moving season, the uptick in our national rent prices aligns with typical seasonal trends…With the surge in rental supply beginning to taper off and demand expected to remain strong, we anticipate continued upward pressure on prices in the coming months.” Said Zumper CEO Anthemos Georgiades