Zillow: Typical US asking rent rises to $1,965 in June, up 2.2% y/y - ZG News | RalliesZillow: Typical US asking rent rises to $1,965 in June, up 2.2% y/y
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ZG• Zillow rental market analysis shows rents and concessions rising
- Zillow rental market analysis showed typical U.S. asking rent at USD 1,965 in June, up 2.2% year over year.
- Concessions stayed widespread: 39.7% of listings offered incentives, up from 35.2% a year earlier.
- Supply-heavy Sun Belt metros kept pricing pressure muted; Charlotte, Denver, and Dallas posted concession shares near two-thirds.
- High-cost coastal markets tightened; San Francisco rents rose 8.2% to USD 3,301, with 24.9% of listings offering concessions.
- Zillow expects gradual tightening as new apartment completions slow; 2026 forecasts call for single-family rents up 3.1%, multifamily up 2%.
