RENT GROWTH

US cities where rent is rising the fastest

Abilene, TX leads US rent growth at +30.8% year-over-year, fueled by tight housing supply and continued in-migration.

By RentDataNow Data Team·May 26, 2026·5 min read·Data: ZORI April 2026 year-over-year

The 25 large US cities where rent rose fastest in the last 12 months, sorted by year-over-year percentage change. Figures use ZORI April 2026 versus the same month a year earlier. Population minimum 100,000; outlier rents above $20,000/mo excluded.

Abilene, TX tops the list at +30.8% YoY, with median rent now $1,751/month.

#CityYoY changeMedian rentPopulation
1Abilene, TX+30.8%$1,751128,053
2San Francisco, CA+20.1%$4,101830,235
3Fresno, CA+14.0%$1,886545,970
4Cedar Rapids, IA+13.4%$1,227137,264
5New York, NY+10.8%$3,9278,483,844
6Richmond, VA+10.4%$1,678229,359
7Rochester, NY+10.3%$1,532208,772
8Cleveland, OH+10.2%$1,425366,097
9New Haven, CT+10.2%$2,240134,349
10Rockford, IL+10.1%$1,199147,521
11Green Bay, WI+10.1%$1,114106,253
12Sterling Heights, MI+10.0%$1,603133,573
13Las Cruces, NM+9.9%$1,389114,197
14Toledo, OH+9.8%$1,122267,463
15Reno, NV+9.2%$1,877273,212
16Daly City, CA+9.2%$2,762101,964
17Fort Wayne, IN+8.9%$1,232268,589
18Sparks, NV+8.9%$1,988110,024
19Topeka, KS+8.8%$1,224125,786
20Sunnyvale, CA+8.7%$3,628154,236
21Yonkers, NY+8.6%$2,772209,978
22Norfolk, VA+8.6%$1,748233,596
23Chesapeake, VA+8.5%$2,036252,583
24Brownsville, TX+8.3%$1,661189,177
25New Bedford, MA+7.9%$1,962100,998

Key findings

  • Abilene, TX saw the steepest year-over-year rent increase at +30.8%.
  • Cities with constrained housing supply and growing employment are overrepresented.
  • The Northeast and Midwest are returning to the leaderboard after years of Sunbelt-led growth.
  • Even at the top, current YoY increases are far below the 15–25% surges of 2021–2022.

Why these cities are rising

Rent acceleration concentrates in metros with three conditions: net in-migration, low multifamily completions per capita, and strong wage growth in industries that anchor the local labor force. When all three line up, rent rises faster than the metro can absorb.

For the opposite trend, see cities where rent is dropping fastest. Click any city for the full 10-year price history and what salary covers the current median rent.

Methodology

Median rent figures use Zillow's Observed Rent Index (ZORI) for the most recent published month. ZORI is a smoothed, repeat-rent index that tracks the typical asking rent for the middle tier of the housing market in each city, designed to be less noisy than raw asking-rent listings.

The universe is US cities with at least 100,000 residents per the latest US Census ACS 5-year estimate. ZORI markets above $20,000/month are excluded as statistical outliers (these are typically luxury submarkets, not citywide medians). Year-over-year change compares the current month to the same calendar month one year earlier.

Rent-burden calculations use median household income from the US Census ACS 5-year estimate (most recent vintage), divided into annualized rent (median rent × 12). The federal "rent-burdened" threshold is 30% of household income.

Download the data

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

cities-where-rent-is-rising-fastest.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.

RentDataNow Data Team (2026). "US cities where rent is rising the fastest." RentDataNow. Retrieved from https://rentdatanow.com/studies/cities-where-rent-is-rising-fastest
Sources
  • ZORI (Zillow Observed Rent Index) — monthly city-level median rent, smoothed repeat-rent methodology. Public download at zillow.com/research/data.
  • US Census ACS 5-year estimates — Table B25064 (median gross rent), B19013 (median household income), B01003 (total population). US Census Bureau, latest published vintage.
  • HUD Fair Market Rents — used as a sanity check on bedroom-level breakdowns. US Department of Housing and Urban Development.
  • RentDataNow city pages — every row in the rankings links to the full underlying time series, bedroom breakdown, and salary-vs-rent analysis for that city.
Written by
RentDataNow Data Team

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.

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