CoStar’s Apartments.com: US apartment rents edge up 0.03% in July, annual growth at 1% - CSGP News | RalliesCoStar’s Apartments.com: US apartment rents edge up 0.03% in July, annual growth at 1%
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CSGP• July multifamily rent report shows modest gains
- CoStar published a July 2026 multifamily rent report showing U.S. apartment rents essentially flat, up 0.03% to USD 1,747.
- Year-over-year rent growth accelerated to 1%, up from a revised 0.9% in June, extending an eight-month run of monthly gains.
- Pricing momentum slowed sharply as elevated supply continued to cap rent increases despite the summer leasing season.
- Regional results diverged: Midwest led annual growth at 2%; South fell 0.4% as Mountain declined 1%.
- San Francisco led major metros with 10.9% annual growth; supply-heavy markets such as San Antonio fell 3%.
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