January is the cheapest month to rent in most big US cities
Asking rents bottom out between December and February in 94 of the 100 largest US cities and peak in summer. The gap averages 1.7%, but in New York it comes to $1,584 over a year-long lease.
If you get to choose when you move, pick winter. In 94 of the 100 largest US cities, asking rents usually hit their low point in December, January, or February, according to a RentDataNow analysis of Zillow's rent index going back to 2015. January is the cheapest month in 55 of those cities, December in 27, and February in 12.
Summer is when listings cost the most. Asking rents peak in June, July, or August in 91 of the 100 cities, and July alone is the high point in 48 of them. Averaged across all 100 cities, asking rents in July run about 1.5% above January's.
The gap is smaller than a lot of renters expect. A typical big city swings 1.7% between its cheapest and priciest month, which comes to about $34 a month on today's typical rent, or roughly $400 over a 12-month lease. These are seasonal patterns with each city's overall trend stripped out, so a city where rents are climbing fast can still cost more next January than it did this July.
Where waiting for winter saves the most
Boise has the widest seasonal swing of the 100 cities at 3.6%, with asking rents lowest in January and highest in July. Chicago and Seattle come next at 3.5%, followed by New York at 3.3%.
New York has the biggest gap in dollars, since its rents are so high to begin with. Typical asking rent there was $4,089 a month in September 2026, per Zillow, and the seasonal difference between January and August works out to $132 a month. Over a 12-month lease, that's $1,584. San Francisco's gap is $122 a month and Boston's is $91.
Boston also runs early. Its asking rents bottom out in November and top out in June, ahead of most big cities on both ends. Chicago and Denver hit their lows in December and peak in July, and Denver's swing of 2.8% adds up to $51 a month.
In the biggest Sun Belt metros the seasonal savings are modest. The gap is $20 a month in Houston, $25 in Phoenix, and $27 in Dallas. It's $34 in both Atlanta and Austin, while Los Angeles barely moves at 1.0%, or $27 a month.
The calendar matters least in Madison, Norfolk, Miami, and Newark, where the swing is 0.8% or less. Miami's gap is $25 a month on a typical rent of $2,965.
A handful of cities don't follow the winter-low pattern at all. Scottsdale flips it, with asking rents highest in December and lowest in July, which likely ties to its winter-visitor season. Irvine's low comes in April, and Norfolk and Chula Vista bottom out in March.
If your lease ends in summer, the lease length is the easiest thing to change. Asking for a 15-month or 18-month term moves your next renewal into winter, though landlords set those terms and may price them differently than a standard year. Keep in mind these figures track asking rents on new listings, not the offer you get at renewal, so they matter most when you're signing somewhere new.
Each city's page on RentDataNow shows its own month-by-month pattern, and the full list for all 100 cities is below.
The cheapest and priciest month to rent in the 100 largest US cities
Cities are sorted by the size of their seasonal swing. The monthly gap applies that swing to the city's typical asking rent in September 2026.
| # | City | Cheapest month | Priciest month | Seasonal swing | Monthly gap on typical rent | Typical rent, September 2026 |
|---|---|---|---|---|---|---|
| 1 | Boise, ID | January | July | 3.6% | $67 | $1,900 |
| 2 | Chicago, IL | December | July | 3.5% | $80 | $2,311 |
| 3 | Seattle, WA | January | August | 3.5% | $76 | $2,227 |
| 4 | New York, NY | January | August | 3.3% | $132 | $4,089 |
| 5 | Arlington, VA | January | August | 2.9% | $77 | $2,680 |
| 6 | Boston, MA | November | June | 2.8% | $91 | $3,271 |
| 7 | Denver, CO | December | July | 2.8% | $51 | $1,855 |
| 8 | San Jose, CA | January | July | 2.7% | $95 | $3,582 |
| 9 | Spokane, WA | January | July | 2.7% | $39 | $1,483 |
| 10 | San Francisco, CA | January | August | 2.6% | $122 | $4,784 |
| 11 | Fremont, CA | December | July | 2.6% | $86 | $3,388 |
| 12 | Nashville, TN | January | July | 2.4% | $42 | $1,820 |
| 13 | Winston-Salem, NC | December | July | 2.4% | $35 | $1,478 |
| 14 | Reno, NV | January | July | 2.3% | $46 | $1,997 |
| 15 | North Las Vegas, NV | January | July | 2.3% | $43 | $1,866 |
| 16 | Durham, NC | December | July | 2.3% | $37 | $1,626 |
| 17 | Portland, OR | February | August | 2.2% | $38 | $1,719 |
| 18 | Austin, TX | January | July | 2.2% | $34 | $1,571 |
| 19 | Washington, DC | January | August | 2.1% | $53 | $2,484 |
| 20 | Minneapolis, MN | December | July | 2.1% | $36 | $1,747 |
| 21 | Lubbock, TX | November | April | 2.1% | $28 | $1,315 |
| 22 | Irvine, CA | April | September | 2.0% | $73 | $3,604 |
| 23 | Jersey City, NJ | February | August | 2.0% | $62 | $3,101 |
| 24 | Plano, TX | January | July | 2.0% | $34 | $1,736 |
| 25 | Corpus Christi, TX | January | July | 2.0% | $28 | $1,422 |
| 26 | Lincoln, NE | December | June | 2.0% | $26 | $1,278 |
| 27 | Anchorage, AK | January | August | 1.9% | $35 | $1,845 |
| 28 | Aurora, CO | January | August | 1.9% | $33 | $1,742 |
| 29 | Irving, TX | January | July | 1.9% | $30 | $1,595 |
| 30 | Raleigh, NC | December | July | 1.9% | $29 | $1,572 |
| 31 | Buffalo, NY | December | June | 1.9% | $26 | $1,421 |
| 32 | Atlanta, GA | January | July | 1.8% | $34 | $1,942 |
| 33 | Fort Worth, TX | January | July | 1.8% | $28 | $1,612 |
| 34 | Columbus, OH | January | July | 1.8% | $26 | $1,471 |
| 35 | Albuquerque, NM | January | August | 1.8% | $26 | $1,452 |
| 36 | Virginia Beach, VA | December | August | 1.7% | $35 | $2,098 |
| 37 | Gilbert, AZ | January | July | 1.7% | $35 | $2,079 |
| 38 | Scottsdale, AZ | July | December | 1.7% | $35 | $2,114 |
| 39 | Sacramento, CA | January | August | 1.7% | $34 | $2,045 |
| 40 | Orlando, FL | January | July | 1.7% | $31 | $1,889 |
| 41 | Philadelphia, PA | December | June | 1.7% | $29 | $1,757 |
| 42 | Henderson, NV | January | July | 1.7% | $29 | $1,783 |
| 43 | Richmond, VA | December | July | 1.7% | $28 | $1,628 |
| 44 | Dallas, TX | January | July | 1.7% | $27 | $1,604 |
| 45 | Mesa, AZ | January | July | 1.7% | $26 | $1,532 |
| 46 | Kansas City, MO | December | July | 1.7% | $24 | $1,446 |
| 47 | San Antonio, TX | January | August | 1.7% | $23 | $1,381 |
| 48 | Omaha, NE | December | July | 1.7% | $23 | $1,389 |
| 49 | Chula Vista, CA | March | August | 1.6% | $47 | $2,935 |
| 50 | Oakland, CA | February | August | 1.6% | $43 | $2,758 |
| 51 | Baltimore, MD | December | July | 1.6% | $28 | $1,762 |
| 52 | Colorado Springs, CO | December | August | 1.6% | $28 | $1,717 |
| 53 | Charlotte, NC | January | July | 1.6% | $27 | $1,729 |
| 54 | Las Vegas, NV | January | July | 1.6% | $27 | $1,700 |
| 55 | Lexington, KY | February | September | 1.6% | $26 | $1,631 |
| 56 | Phoenix, AZ | January | July | 1.6% | $25 | $1,571 |
| 57 | Pittsburgh, PA | December | June | 1.6% | $25 | $1,569 |
| 58 | Indianapolis, IN | January | July | 1.6% | $21 | $1,375 |
| 59 | Fort Wayne, IN | February | August | 1.6% | $19 | $1,257 |
| 60 | San Diego, CA | January | August | 1.5% | $45 | $3,004 |
| 61 | Santa Clarita, CA | January | May | 1.5% | $43 | $2,783 |
| 62 | Chandler, AZ | January | July | 1.5% | $27 | $1,893 |
| 63 | Tacoma, WA | December | August | 1.5% | $26 | $1,773 |
| 64 | Garland, TX | February | August | 1.5% | $23 | $1,560 |
| 65 | Greensboro, NC | January | July | 1.5% | $21 | $1,395 |
| 66 | Oklahoma City, OK | February | August | 1.5% | $20 | $1,285 |
| 67 | Laredo, TX | January | August | 1.5% | $16 | $1,129 |
| 68 | Tampa, FL | December | August | 1.4% | $27 | $1,930 |
| 69 | Milwaukee, WI | December | June | 1.4% | $19 | $1,443 |
| 70 | Louisville, KY | January | June | 1.4% | $18 | $1,330 |
| 71 | Toledo, OH | January | June | 1.4% | $17 | $1,151 |
| 72 | Chesapeake, VA | December | July | 1.3% | $27 | $2,063 |
| 73 | Stockton, CA | February | August | 1.3% | $26 | $2,032 |
| 74 | Houston, TX | January | July | 1.3% | $20 | $1,544 |
| 75 | Arlington, TX | February | August | 1.3% | $19 | $1,468 |
| 76 | Glendale, AZ | December | August | 1.3% | $19 | $1,511 |
| 77 | Huntsville, AL | January | July | 1.3% | $18 | $1,335 |
| 78 | Tulsa, OK | January | July | 1.3% | $16 | $1,273 |
| 79 | Wichita, KS | January | August | 1.3% | $15 | $1,159 |
| 80 | Jacksonville, FL | January | July | 1.2% | $20 | $1,589 |
| 81 | El Paso, TX | January | July | 1.2% | $17 | $1,508 |
| 82 | Hialeah, FL | January | July | 1.1% | $26 | $2,343 |
| 83 | Fresno, CA | February | June | 1.1% | $21 | $1,945 |
| 84 | Cincinnati, OH | February | July | 1.1% | $16 | $1,432 |
| 85 | Cleveland, OH | December | June | 1.1% | $15 | $1,359 |
| 86 | Memphis, TN | December | July | 1.1% | $14 | $1,259 |
| 87 | Los Angeles, CA | December | August | 1.0% | $27 | $2,772 |
| 88 | Long Beach, CA | January | September | 1.0% | $23 | $2,412 |
| 89 | Riverside, CA | January | October | 1.0% | $23 | $2,427 |
| 90 | New Orleans, LA | January | May | 1.0% | $17 | $1,633 |
| 91 | Detroit, MI | January | July | 1.0% | $13 | $1,328 |
| 92 | Baton Rouge, LA | December | August | 1.0% | $13 | $1,301 |
| 93 | Anaheim, CA | January | August | 0.9% | $25 | $2,755 |
| 94 | Santa Ana, CA | February | September | 0.9% | $25 | $2,820 |
| 95 | Bakersfield, CA | January | July | 0.9% | $18 | $1,901 |
| 96 | Tucson, AZ | December | June | 0.9% | $12 | $1,428 |
| 97 | Miami, FL | January | July | 0.8% | $25 | $2,965 |
| 98 | Newark, NJ | January | July | 0.8% | $18 | $2,111 |
| 99 | Madison, WI | January | June | 0.7% | $13 | $1,837 |
| 100 | Norfolk, VA | March | August | 0.7% | $12 | $1,749 |
Data. Zillow Observed Rent Index (ZORI) for each city, covering houses, condos, and apartments. Zillow publishes it in two smoothed versions, seasonally adjusted and not seasonally adjusted. ZORI is the mean of listed rents between the 35th and 65th percentile, weighted to the local rental stock.
Seasonal pattern. For each month on record, the unadjusted value is divided by the adjusted value, which separates the seasonal effect from the city's overall rent trend. That ratio is averaged for each calendar month across every year available, 9 to 11 years per city from 2015 through September 2026, and the 12 monthly factors are scaled to average 1.0.
Swing and monthly gap. The swing is the priciest month's factor divided by the cheapest month's, minus one. The monthly gap applies the difference between those two factors to the city's typical asking rent in September 2026. The 12-month figures multiply that gap by 12.
Cities. The 100 most populous US cities with a September 2026 ZORI value.
Limits. These are asking rents on listings, not what current tenants pay at renewal. Because Zillow smooths the index, a city's low and high points can land a few weeks later than the actual turn in asking rents.
The full underlying dataset is available as a CSV for verification, republishing, or extending the analysis.
↓ cheapest-month-to-rent-an-apartment.csvThese findings and the accompanying dataset are released under a Creative Commons Attribution 4.0 license. You are free to republish, including commercially, as long as you credit RentDataNow and link back to this page so readers can verify the underlying data.
Henry Jo (2026). "January is the cheapest month to rent in most big US cities." RentDataNow. Retrieved from https://rentdatanow.com/studies/cheapest-month-to-rent-an-apartment
- Zillow Research, Zillow Observed Rent Index (ZORI), city series, seasonally adjusted and not seasonally adjusted, September 2026 release.
- Featured image: Mike Goren, Bed-Stuy in the Snow, CC BY 2.0, via Wikimedia Commons.
RentDataNow publishes original research grounded in ZORI rent data, BLS wage data, HUD Fair Market Rents, and US Census demographics. Every study includes the underlying numbers, methodology, and sources so readers can verify or extend the analysis.
RentDataNow is an independent service and is not affiliated with, sponsored by, or endorsed by Zillow Group, Inc., the U.S. Census Bureau, the U.S. Department of Housing and Urban Development, or any government agency. ZORI (Zillow Observed Rent Index), the American Community Survey, Fair Market Rents, and other product names are trademarks of their respective owners, used here for identification only. Figures are provided "as is" without warranty of accuracy or completeness, and any reuse is at your own risk. See our Terms of Service for full terms.
