According to the latest Cotality (formerly CoreLogic) Single-Family Rent Index (SFRI), U.S. single-family home rental prices increased 2.9% year over year in February, 2025. The monthly growth rate for February was 1%, which was above the average of 0.2% for February from 2004-2019, marking the second consecutive month since mid-2024 that monthly growth has been above the seasonal trend. Rent prices for high-end properties increased 3.7% year over year in February, with low-end rent prices increasing 2% year over year in February.
“Single-family rent growth strengthened in February, continuing a trend of higher annual gains. The monthly increases in the single-family rent index were above the seasonal trend as well, which contrasts with those recorded by the home price index. While economic uncertainty may be putting a damper on the home purchase market, it may have the opposite effect on the rental market as renters may choose to stay put.” Said Cotality senior principal economist Molly Boesel.
