October 2025 Avg. Rents, Days on Market, and Rental Inventory

[Matt Thelen]

October 2025 U.S. Rental Market Update

TL;DR: Leasing cooled across most large metros as DOM ticked up and inventory stayed elevated in TX/FL. A few markets remain fast (Cheyenne, Minneapolis, Kansas City). Strategy this month: price inside the comp band, tighten screening, and use small concessions when availability surges.

1) National Snapshot (from your state & city panels)

• DOM rose MoM in many supply-heavy metros: Boston 140 (+32%), Raleigh 57 (+19%), Seattle 42 (+14%), Sacramento 45 (+13%), Denver 49 (+11%), San Francisco 68 (+11%), Dallas 81 (+5%).
  
  
• Availability is up YoY across several Sun Belt hubs, shifting leverage toward renters: Miami 7,647 vs 5,404 YoY, Houston 10,453 vs 6,822, San Antonio 6,422 vs 4,849.
  
  
• Still-fast: Cheyenne (27 DOM), Minneapolis (32), Kansas City (43), Sacramento (45), Portland (45).
  
  
• Prices mixed: modest MoM softness in several markets; YoY trends vary by city/class.
  
  

2) How to beat the slowdown

• Smart pricing & listing feedback → avoid overpricing stalls. Do you know where to find the best free pricing guidance available powered by AI and unique data? I do…
  
  
• Better photos + distribution → more qualified tours, fewer dead weeks. Do you know how to find AI to score your photos for free? I do…
  
  
• Income verification & fraud checks → fewer resets and re-marketing. Verify means don’t just trust what they self-report. Watch out for fraud, it’s rampant.
  
  
• Guaranteed rent → the point of owning a rental is to get paid rent. Fast leasing only matters if you actually get paid. Look for an option to get your rent guaranteed.

Full State-by-Market Breakdown (Oct 5, 2025)

Rent data is for all property types, Days on Market (DOM) is only for houses

Alabama

• All — Rent $1,452, DOM 56 (MoM +4%, YoY +14%)
  
  

Alaska

• All — Rent $1,900, DOM 45 (MoM –5%, YoY +15%)
  
  

Arizona

• Phoenix — Rent $1,895, DOM 54 (MoM +4%, YoY +8%), Avail 5,411
  
  

Arkansas

• All — Rent $1,400, DOM 52 (MoM +6%, YoY +21%)
  
  

California

• Los Angeles — Rent $2,795, DOM 61 (MoM +2%, YoY +5%), Avail 17,375
  
  
• San Diego — Rent $3,100, DOM 52 (MoM –4%, YoY +16%), Avail 6,207
  
  
• San Francisco — Rent $3,733, DOM 68 (MoM +11%, YoY +33%), Avail 1,853
  
  
• San Jose — Rent $3,098, DOM 51 (MoM +2%, YoY +50%), Avail 1,294
  
  
• Sacramento — Rent $1,999, DOM 45 (MoM +13%, YoY +29%), Avail 1,709
  
  
• Oakland — Rent $2,325, DOM 56 (MoM +6%, YoY +4%), Avail 1,851
  
  

Colorado

• Denver — Rent $2,100, DOM 49 (MoM +11%, YoY +17%), Avail 4,551
  
  

Connecticut

• New Haven — Rent $1,800, DOM 79 (MoM +22%, YoY +88%), Avail 1,378
  
  

DC

• DC — Rent $2,500, DOM 66 (MoM +9%, YoY +12%), Avail 4,500
  
  

Delaware

• All — Rent $1,975, DOM 45 (MoM +4%, YoY +2%)
  
  

Florida

• Jacksonville — Rent $1,625, DOM 53 (MoM +0%, YoY +18%), Avail 4,196
  
  
• Miami — Rent $3,190, DOM 52 (MoM +4%, YoY –7%), Avail 7,647
  
  
• Orlando — Rent $1,990, DOM 52 (MoM +8%, YoY +18%), Avail 3,652
  
  
• Tampa — Rent $2,095, DOM 53 (MoM +2%, YoY +10%), Avail 2,869
  
  

Georgia

• Atlanta — Rent $2,050, DOM 74 (MoM +1%, YoY +19%), Avail 4,015
  
  

Hawaii

• All — Rent $3,100, DOM 114 (MoM +2%, YoY +34%)
  
  

Idaho

• All — Rent $1,870, DOM 41 (MoM +0%, YoY +5%)
  
  

Illinois

• Chicago — Rent $1,995, DOM 50 (MoM +6%, YoY +6%), Avail 8,609
  
  

Indiana

• Indianapolis — Rent $1,500, DOM 52 (MoM +6%, YoY +16%), Avail 2,680
  
  

Iowa

• All — Rent $1,175, DOM 38 (MoM –2%, YoY +6%)
  
  

Kansas

• All — Rent $1,400, DOM 45 (MoM +2%, YoY +7%)
  
  

Kentucky

• Louisville — Rent $1,289, DOM 54 (MoM +4%, YoY +32%), Avail 1,997
  
  

Louisiana

• New Orleans — Rent $1,750, DOM 63 (MoM +11%, YoY –3%), Avail 3,060
  
  

Maine

• All — Rent $2,000, DOM 56 (MoM +6%, YoY +19%)
  
  

Maryland

• Baltimore — Rent $1,650, DOM 79 (MoM +8%, YoY +52%), Avail 3,373
  
  

Massachusetts

• Boston — Rent $3,200, DOM 140 (MoM +32%, YoY +39%), Avail 9,586
  
  

Michigan

• Detroit — Rent $1,200, DOM 70 (MoM +6%, YoY +23%), Avail 2,406
  
  

Minnesota

• Minneapolis — Rent $1,700, DOM 32 (MoM –4%, YoY –9%), Avail 1,715
  
  

Mississippi

• All — Rent $1,500, DOM 53 (MoM +0%, YoY +4%)
  
  

Missouri

• Kansas City — Rent $1,400, DOM 43 (MoM –7%, YoY +8%), Avail 1,716
  
  
• St. Louis — Rent $1,250, DOM 60 (MoM +11%, YoY +28%), Avail 1,705
  
  

Montana

• All — Rent $1,888, DOM 48 (MoM +10%, YoY +20%)
  
  

Nebraska

• All — Rent $1,400, DOM 41 (MoM +15%, YoY –2%)
  
  

Nevada

• Las Vegas — Rent $1,950, DOM 46 (MoM +5%, YoY +7%), Avail 5,627
  
  

New Hampshire

• All — Rent $2,100, DOM 72 (MoM –14%, YoY –8%)
  
  

New Jersey

• Newark — Rent $2,120, DOM 51 (MoM –11%, YoY +42%), Avail 1,664
  
  

New Mexico

• All — Rent $1,725, DOM 45 (MoM +5%, YoY +13%)
  
  

New York

• New York — Rent $3,606, DOM 62 (MoM +13%, YoY +17%), Avail 17,744
  
  

North Carolina

• Charlotte — Rent $1,969, DOM 50 (MoM +4%, YoY –7%), Avail 4,015
  
  
• Raleigh — Rent $1,850, DOM 57 (MoM +19%, YoY –7%), Avail 2,000
  
  

North Dakota

• All — Rent $1,140, DOM 63 (MoM –8%, YoY –13%)
  
  

Ohio

• Cincinnati — Rent $1,495, DOM 47 (MoM –10%, YoY +9%), Avail 2,109
  
  
• Cleveland — Rent $1,225, DOM 66 (MoM +0%, YoY +32%), Avail 2,038
  
  
• Columbus — Rent $1,503, DOM 53 (MoM +4%, YoY +4%), Avail 3,308
  
  

Oklahoma

• Oklahoma City — Rent $1,400, DOM 50 (MoM +5%, YoY +19%), Avail 1,797
  
  

Oregon

• Portland — Rent $1,800, DOM 45 (MoM –2%, YoY +10%), Avail 2,832
  
  

Pennsylvania

• Philadelphia — Rent $1,600, DOM 60 (MoM +0%, YoY +7%), Avail 8,995
  
  
• Pittsburg — Rent $1,530, DOM 66 (MoM +3%, YoY +25%), Avail 2,532
  
  

Rhode Island

• Providence — Rent $2,161, DOM 47 (MoM +8%, YoY +34%), Avail 870
  
  

South Carolina

• All — Rent $1,817, DOM 55 (MoM +13%, YoY +6%)
  
  

South Dakota

• All — Rent $1,233, DOM 50 (MoM –8%, YoY +22%)
  
  

Tennessee

• Nashville — Rent $2,246, DOM 52 (MoM +7%, YoY +4%), Avail 3,192
  
  

Texas

• Austin — Rent $2,000, DOM 57 (MoM +6%, YoY +4%), Avail 6,385
  
  
• Dallas — Rent $1,995, DOM 81 (MoM +5%, YoY +29%), Avail 3,582
  
  
• Houston — Rent $1,899, DOM 55 (MoM +4%, YoY +15%), Avail 10,453
  
  
• San Antonio — Rent $1,670, DOM 62 (MoM +7%, YoY +24%), Avail 6,422
  
  

Utah

• Salt Lake City — Rent $1,599, DOM 47 (MoM –5%, YoY +21%), Avail 977
  
  

Vermont

• All — Rent $2,295, DOM 61 (MoM –9%, YoY +3%)
  
  

Virginia

• Richmond — Rent $1,613, DOM 48 (MoM +5%, YoY +12%), Avail 932
  
  

Washington

• Seattle — Rent $2,228, DOM 42 (MoM +14%, YoY +11%), Avail 4,052
  
  

West Virginia

• All — Rent $1,200, DOM 54 (MoM –4%, YoY +17%)
  
  

Wisconsin

• Milwaukee — Rent $1,250, DOM 46 (MoM +9%, YoY +21%), Avail 1,311
  
  

Wyoming

• Cheyenne — Rent $1,450, DOM 27 (MoM +24%, YoY –4%), Avail 217
  
  

Top MoM DOM Risers (slower)

1. Boston +32% → 140 DOM (don’t
   
   
2. Raleigh +19% → 57 DOM
   
   
3. Seattle +14% → 42 DOM
   
   
4. Sacramento +13% → 45 DOM
   
   
5. Denver +11% / San Francisco +11% → 49 / 68 DOM
   
   

Top MoM DOM Improvers (faster)

1. Kansas City –7% → 43 DOM
   
   
2. New Hampshire –14% → 72 DOM
   
   
3. San Diego –4% → 52 DOM
   
   
4. Minneapolis –4% → 32 DOM
   
   
5. West Virginia –4% → 54 DOM
   
   

Methodology
Snapshot as of Oct 5, 2025. MoM vs Sep 5, 2025; YoY vs Oct 5, 2024. Metrics: Avg/Med Rent, Available Rentals, Market Temp, Average Days on Market (DOM) from the amazing data Zillow publicly shares.