SEASONAL RENT

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.

By Henry Jo·October 21, 2026·5 min read·Data: Zillow ZORI, seasonally adjusted and unadjusted, 2015 to September 2026
January is the cheapest month to rent in most big US cities
Image Credit: Mike Goren, Wikimedia Commons

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.

#CityCheapest monthPriciest monthSeasonal swingMonthly gap on typical rentTypical rent, September 2026
1Boise, IDJanuaryJuly3.6%$67$1,900
2Chicago, ILDecemberJuly3.5%$80$2,311
3Seattle, WAJanuaryAugust3.5%$76$2,227
4New York, NYJanuaryAugust3.3%$132$4,089
5Arlington, VAJanuaryAugust2.9%$77$2,680
6Boston, MANovemberJune2.8%$91$3,271
7Denver, CODecemberJuly2.8%$51$1,855
8San Jose, CAJanuaryJuly2.7%$95$3,582
9Spokane, WAJanuaryJuly2.7%$39$1,483
10San Francisco, CAJanuaryAugust2.6%$122$4,784
11Fremont, CADecemberJuly2.6%$86$3,388
12Nashville, TNJanuaryJuly2.4%$42$1,820
13Winston-Salem, NCDecemberJuly2.4%$35$1,478
14Reno, NVJanuaryJuly2.3%$46$1,997
15North Las Vegas, NVJanuaryJuly2.3%$43$1,866
16Durham, NCDecemberJuly2.3%$37$1,626
17Portland, ORFebruaryAugust2.2%$38$1,719
18Austin, TXJanuaryJuly2.2%$34$1,571
19Washington, DCJanuaryAugust2.1%$53$2,484
20Minneapolis, MNDecemberJuly2.1%$36$1,747
21Lubbock, TXNovemberApril2.1%$28$1,315
22Irvine, CAAprilSeptember2.0%$73$3,604
23Jersey City, NJFebruaryAugust2.0%$62$3,101
24Plano, TXJanuaryJuly2.0%$34$1,736
25Corpus Christi, TXJanuaryJuly2.0%$28$1,422
26Lincoln, NEDecemberJune2.0%$26$1,278
27Anchorage, AKJanuaryAugust1.9%$35$1,845
28Aurora, COJanuaryAugust1.9%$33$1,742
29Irving, TXJanuaryJuly1.9%$30$1,595
30Raleigh, NCDecemberJuly1.9%$29$1,572
31Buffalo, NYDecemberJune1.9%$26$1,421
32Atlanta, GAJanuaryJuly1.8%$34$1,942
33Fort Worth, TXJanuaryJuly1.8%$28$1,612
34Columbus, OHJanuaryJuly1.8%$26$1,471
35Albuquerque, NMJanuaryAugust1.8%$26$1,452
36Virginia Beach, VADecemberAugust1.7%$35$2,098
37Gilbert, AZJanuaryJuly1.7%$35$2,079
38Scottsdale, AZJulyDecember1.7%$35$2,114
39Sacramento, CAJanuaryAugust1.7%$34$2,045
40Orlando, FLJanuaryJuly1.7%$31$1,889
41Philadelphia, PADecemberJune1.7%$29$1,757
42Henderson, NVJanuaryJuly1.7%$29$1,783
43Richmond, VADecemberJuly1.7%$28$1,628
44Dallas, TXJanuaryJuly1.7%$27$1,604
45Mesa, AZJanuaryJuly1.7%$26$1,532
46Kansas City, MODecemberJuly1.7%$24$1,446
47San Antonio, TXJanuaryAugust1.7%$23$1,381
48Omaha, NEDecemberJuly1.7%$23$1,389
49Chula Vista, CAMarchAugust1.6%$47$2,935
50Oakland, CAFebruaryAugust1.6%$43$2,758
51Baltimore, MDDecemberJuly1.6%$28$1,762
52Colorado Springs, CODecemberAugust1.6%$28$1,717
53Charlotte, NCJanuaryJuly1.6%$27$1,729
54Las Vegas, NVJanuaryJuly1.6%$27$1,700
55Lexington, KYFebruarySeptember1.6%$26$1,631
56Phoenix, AZJanuaryJuly1.6%$25$1,571
57Pittsburgh, PADecemberJune1.6%$25$1,569
58Indianapolis, INJanuaryJuly1.6%$21$1,375
59Fort Wayne, INFebruaryAugust1.6%$19$1,257
60San Diego, CAJanuaryAugust1.5%$45$3,004
61Santa Clarita, CAJanuaryMay1.5%$43$2,783
62Chandler, AZJanuaryJuly1.5%$27$1,893
63Tacoma, WADecemberAugust1.5%$26$1,773
64Garland, TXFebruaryAugust1.5%$23$1,560
65Greensboro, NCJanuaryJuly1.5%$21$1,395
66Oklahoma City, OKFebruaryAugust1.5%$20$1,285
67Laredo, TXJanuaryAugust1.5%$16$1,129
68Tampa, FLDecemberAugust1.4%$27$1,930
69Milwaukee, WIDecemberJune1.4%$19$1,443
70Louisville, KYJanuaryJune1.4%$18$1,330
71Toledo, OHJanuaryJune1.4%$17$1,151
72Chesapeake, VADecemberJuly1.3%$27$2,063
73Stockton, CAFebruaryAugust1.3%$26$2,032
74Houston, TXJanuaryJuly1.3%$20$1,544
75Arlington, TXFebruaryAugust1.3%$19$1,468
76Glendale, AZDecemberAugust1.3%$19$1,511
77Huntsville, ALJanuaryJuly1.3%$18$1,335
78Tulsa, OKJanuaryJuly1.3%$16$1,273
79Wichita, KSJanuaryAugust1.3%$15$1,159
80Jacksonville, FLJanuaryJuly1.2%$20$1,589
81El Paso, TXJanuaryJuly1.2%$17$1,508
82Hialeah, FLJanuaryJuly1.1%$26$2,343
83Fresno, CAFebruaryJune1.1%$21$1,945
84Cincinnati, OHFebruaryJuly1.1%$16$1,432
85Cleveland, OHDecemberJune1.1%$15$1,359
86Memphis, TNDecemberJuly1.1%$14$1,259
87Los Angeles, CADecemberAugust1.0%$27$2,772
88Long Beach, CAJanuarySeptember1.0%$23$2,412
89Riverside, CAJanuaryOctober1.0%$23$2,427
90New Orleans, LAJanuaryMay1.0%$17$1,633
91Detroit, MIJanuaryJuly1.0%$13$1,328
92Baton Rouge, LADecemberAugust1.0%$13$1,301
93Anaheim, CAJanuaryAugust0.9%$25$2,755
94Santa Ana, CAFebruarySeptember0.9%$25$2,820
95Bakersfield, CAJanuaryJuly0.9%$18$1,901
96Tucson, AZDecemberJune0.9%$12$1,428
97Miami, FLJanuaryJuly0.8%$25$2,965
98Newark, NJJanuaryJuly0.8%$18$2,111
99Madison, WIJanuaryJune0.7%$13$1,837
100Norfolk, VAMarchAugust0.7%$12$1,749
Methodology

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.

Download the data

The full underlying dataset is available as a CSV for verification, republishing, or extending the analysis.

↓ cheapest-month-to-rent-an-apartment.csv
How to cite this report

These 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
Sources
Written by
Henry Jo

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.

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