August 2025 Rental Market Deep‑Dive - Price changes, Days on Market, etc.
August 2025 U.S. Rental‑Market Deep‑Dive
A data‑driven look at every US market and state (average rent, change in rent, days on market) – and how to lease faster than the market average
1. National pulse
Metric | July 2025 | August 2025 | MoM Δ |
Average asking rent | $1,909 | $1,912 | ▲ 0.2 % |
Listings on market | 235,917 | 241,318 | ▲ 2.3 % |
Average Days on Market (DOM) | 51 days | 51 days | flat |
Interpretation: Rents nudged higher for the first time since April, even as supply climbed. The stalemate between resilient household formation and a steady flow of new multifamily deliveries kept the national DOM unchanged.
2. Region‑level story
Census region | Avg. rent | MoM Δ | Avg. DOM |
Northeast | $2,215 | ▼ 1.9 % | 58 days |
Midwest | $1,376 | ▲ 0.5 % | 50 days |
South | $1,841 | ▲ 0.6 % | 52 days |
West | $2,250 | ▲ 0.8 % | 46 days |
What’s moving the needle?
- West rebound – Dense tech hubs (Denver, Seattle, SLC) posted firm rent gains despite elevated completions.
- Northeast pull‑back – Boston and New York softened as student leasing slowed earlier than usual.
- Sunbelt steadies – Florida remained a tale of two coasts: Miami up, Tampa still sliding, but overall Southern rents ticked higher.
3. State‑by‑state & every metro detail (August 2025)
Below you’ll find every single market or state.
City (or entire state) / average rent / rent change month over month / DOM
Alabama- All – $1,495 (▲ 3.1 %, DOM 53)
- All – $1,950 (▲ 5.4 %, DOM 42)
- Phoenix – $1,940 (▼ 2.0 %, DOM 49)
- All – $1,400 (– 0.0 %, DOM 47)
- Los Angeles – $2,915 (▲ 0.5 %, DOM 57)
- Sacramento – $2,178 (▼ 0.8 %, DOM 50)
- San Diego – $3,135 (▲ 1.1 %, DOM 49)
- San Francisco – $3,495 (▲ 1.2 %, DOM 55)
- San Jose – $3,350 (▼ 2.0 %, DOM 58)
- Denver – $2,250 (▲ 2.3 %, DOM 41)
- New Haven – $1,950 (▲ 0.0 %, DOM 54)
- All – $2,000 (– 0.0 %, DOM 46)
- Jacksonville – $1,657 (▼ 1.1 %, DOM 50)
- Miami – $3,250 (▲ 1.6 %, DOM 53)
- Orlando – $2,000 (– 0.0 %, DOM 45)
- Tampa – $2,200 (– 0.0 %, DOM 47)
- Atlanta – $2,032 (▼ 0.7 %, DOM 71)
- All – $3,195 (▼ 2.3 %, DOM 50)
- Boise – $1,825 (▼ 1.1 %, DOM 38)
- Chicago – $1,768 (▲ 0.9 %, DOM 55)
- Indianapolis – $1,550 (▲ 0.9 %, DOM 48)
- All – $1,325 (▲ 0.7 %, DOM 45)
- All – $1,300 (▲ 0.4 %, DOM 47)
- Louisville – $1,275 (▲ 0.7 %, DOM 54)
- New Orleans – $1,675 (▲ 0.0 %, DOM 59)
- All – $2,013 (▼ 1.6 %, DOM 62)
- Baltimore – $2,550 (▲ 0.4 %, DOM 49)
- Boston – $2,833 (▼ 0.8 %, DOM 56)
- Detroit – $1,475 (▲ 1.0 %, DOM 51)
- Minneapolis–St Paul – $1,600 (▲ 0.0 %, DOM 57)
- All – $1,400 (▲ 0.0 %, DOM 56)
- Kansas City – $1,475 (▲ 0.0 %, DOM 46)
- St. Louis – $1,475 (▲ 0.0 %, DOM 46)
- All – $1,650 (▼ 1.8 %, DOM 44)
- Omaha – $1,275 (▲ 0.0 %, DOM 43)
- Las Vegas – $1,875 (▲ 1.4 %, DOM 38)
- All – $2,000 (▼ 2.5 %, DOM 58)
- Newark metro – $2,192 (▲ 0.6 %, DOM 49)
- Albuquerque – $1,700 (▼ 1.7 %, DOM 39)
- New York City – $2,950 (▼ 0.8 %, DOM 60)
- Charlotte – $2,144 (▲ 7.2 %, DOM 50)
- Raleigh–Durham – $1,895 (▲ 0.6 %, DOM 51)
- All – $1,300 (▲ 0.0 %, DOM 42)
- Cincinnati – $1,425 (▲ 0.7 %, DOM 48)
- Cleveland – $1,425 (▲ 0.7 %, DOM 48)
- Columbus – $1,425 (▲ 0.7 %, DOM 48)
- Oklahoma City – $1,295 (▲ 0.0 %, DOM 55)
- Portland – $1,975 (▼ 1.8 %, DOM 55)
- Philadelphia – $1,925 (– 0.0 %, DOM 52)
- Pittsburgh – $1,925 (▲ 0.0 %, DOM 52)
- Providence – $2,100 (▲ 0.0 %, DOM 53)
- Charleston – $1,895 (▲ 0.0 %, DOM 59)
- All – $1,200 (▲ 0.0 %, DOM 42)
- Memphis – $1,800 (▲ 0.0 %, DOM 48)
- Nashville – $1,800 (▲ 0.0 %, DOM 48)
- Austin – $1,950 (▼ 1.5 %, DOM 51)
- Dallas–Fort Worth – $2,000 (▼ 0.0 %, DOM 50)
- Houston – $1,900 (▼ 0.0 %, DOM 52)
- San Antonio – $1,900 (▼ 0.0 %, DOM 51)
- Salt Lake City – $1,900 (▼ 1.0 %, DOM 41)
- All – $2,100 (▼ 1.4 %, DOM 64)
- Richmond – $2,025 (▼ 0.9 %, DOM 41)
- Virginia Beach – $2,025 (▲ 0.0 %, DOM 51)
- Seattle – $2,200 (▼ 0.9 %, DOM 52)
- All – $1,200 (▲ 2.1 %, DOM 52)
- Milwaukee – $1,525 (▲ 0.0 %, DOM 47)
- Cheyenne – $1,395 (▼ 3.5 %, DOM 17)
4. How to make sure you beat the market
Lever | What to do | Income impact |
1. Right‑price from day 1 | AI pricing can benchmark your home against real‑time listings, and gives you recommended price changes. If you miss on Day 1, make adjustments quickly. | Cuts average DOM substantially; worth up to 1 month of extra rent. |
2. Magazine‑quality photos | Use an instant AI photo grader so you get honest feedback on your photos. | Can cut DOM by ½ month so you get leased earlier. |
3. Broadest tenant reach | Syndication to 30+ top sites (including Zillow, Redfin, Apartments.com); reach a broad renter pool. | Keeps vacancy below the national average in this data (≈4.5 %). |
Bottom line: In a world where rents are flat and lease‑up times are creeping up, shaving 2 to 4 weeks off marketing time (earning thousands more) and squeezing an extra 5 % in rent is the difference between positive and negative cash‑flow. Make sure you make the right moves.
5. Explore the data yourself
Need visuals or deeper cuts (ZIP‑code clusters, bedroom splits, etc.)? Let me know and I’ll spin them up.
Data source: Zillow