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Apartment List

Apartment List is a smart, simple and seamless renting platform that’s dedicated to making the process fair and transparent for all.

We’re on a mission to build a better world of renting for everyone. To get rid of the pain and complexity. And make it more personal and flexible.

We make finding a home you’ll love easy and enjoyable, with a personally curated search feature that gets to know you as an individual. So you only ever match with properties that meet your needs.

Home. It’s a feeling everyone should own. Our duty is to help you find it.

September 1, 2021 / Real Estate

Apartment List National Rent Report

From Apartment List
Welcome to the September Apartment List National Rent Report. Our national index increased by 2.1 percent from July to August, a slight cool-down from 2.5 percent the month before, but nevertheless a continuation of rent growth that has persisted since the start of the year. Since January 2021, the national median rent has increased by a staggering 13.8 percent. To put that in context, rent growth from January to August averaged just 3.6 percent in the pre-pandemic years from 2017-2019.
August 25, 2021 / Real Estate

What's Driving Up Rent Prices This Year?

From Apartment List
In a year when people have yearned for a return to normal, the rental market has been anything but. Not only are rent prices rising, they are rising tremendously fast and rising virtually everywhere. According to our national rent estimates, prices jumped over 11 percent in the first half of 2021, more than doubling the rate of inflation and more than tripling the typical rent growth we measured in the several years preceding the pandemic. Today, 87 of the nation’s 100 largest cities have fully rebounded to pre-pandemic rent prices
July 28, 2021 / Real Estate

Apartment List National Rent Report

From Apartment List
Welcome to the August Apartment List National Rent Report. Our national index increased by 2.5 percent from June to July, continuing a months-long trend of rapidly accelerating rent growth. So far in 2021, the national median rent has increased by a staggering 11.4 percent. To put that in context, in the pre-pandemic years from 2017-2019, rent growth from January to July averaged just 3.3 percent. This month’s spike continues to push rents well above where they would be if growth had remained on its pre-pandemic trend.
June 30, 2021 / Real Estate

Apartment List National Rent Report

From Apartment List
Welcome to the July Apartment List National Rent Report. Our national index increased by 2.3 percent in June, continuing the trend of rapid price growth since the start of the year. So far in 2021, rental prices have grown a staggering 9.2 percent. To put that in context, in previous years growth from January to June is usually just 2 to 3 percent. After this month’s spike, rents have been pushed well above our expectations of where they would have been had the pandemic not disrupted the market.
June 25, 2021 / Real Estate

In Many Cities, "Pandemic Pricing" Is Over

From Apartment List
To assess how severely the rental market has been disrupted by the COVID-19 pandemic, and how quickly it is returning to pre-pandemic prices, we use historical rent data to estimate “projected” rent prices from April 2020 onward. These projections assume that rent growth in 2020 and 2021 mirrors pre-pandemic growth and follows typical seasonal trends in each city studied. For more details on these projections, see the Methodology section below.
June 9, 2021 / Real Estate

Where Did We Build Housing This Decade?

From Apartment List
The last decade significantly shifted the urban geography of the United States. The longest economic expansion on record brought new opportunities and challenges, then came to a screeching pandemic halt in 2020. The growth was long-lived but uneven. New and existing innovation hubs and oil towns boomed, while some markets struggled to shake off sluggishness after the Great Recession. Throughout the 2010s, America’s housing growth both reflected and reinforced these trends.
May 28, 2021 / Real Estate

Apartment List National Rent Report

From Apartment List
Welcome to the June Apartment List National Rent Report. Our national index increased by 2.3 percent from April to May, representing the third straight month of record-setting rent growth, going back to the start of our rent estimates in 2017. After this recent spike, year-over-year rent growth now stands at 5.4 percent nationally, and prices are now in line with where we expect they would have been if the pandemic-related rent declines of 2020 never occurred.
May 12, 2021 / Real Estate

Remote Work Has Wealthy Americans Moving Again

From Apartment List
According to the Census Bureau, the United States’ annual mover rate (the percentage of people who change residence each year) had been declining since the mid-1980s, and reached its lowest point just before the COVID-19 pandemic. This trend may have continued if not for the sudden and rapid adoption of remote work.
May 5, 2021

How will remote work impact housing location preferences?

From Apartment List
In a survey of 5,000 employed adults across the U.S., we found that four-in-ten workers expect to have some form of continued remote work flexibility post-pandemic. 19 percent expect to have a hybrid arrangement that allows for remote work multiple days per week, while 21 percent expect that they’ll have the ability to work exclusively remotely.
April 29, 2021 / Real Estate

Apartment List National Rent Report

From Apartment List
This month’s data shows rent rebounds accelerating in markets across the country. Our national index increased by 1.9 percent over the past month, the largest monthly increase ever in our estimates, going back to the beginning of 2017. The data continue to exhibit significant regional variation, but the days of plummeting rents in pricey coastal markets are officially behind us. Although rents in San Francisco are still down 19.5 percent year-over-year, the city has seen prices increase by 7 percent over just the past two months. 9 of the 10 cities with the sharpest year-over-year declines have now had three consecutive months of rising rents. At the other end of the spectrum, many of the mid-sized markets that have seen rents grow rapidly through the pandemic are showing that there’s still steam left in the current boom -- Boise rents jumped by another 5.2 percent this month, the biggest increase among the nation’s 100 largest cities.
April 7, 2021 / Real Estate, Economy

Apartment List Renter Migration Report: 2021 Q1

From Apartment List
Despite many accounts of an urban exodus, the COVID-19 pandemic will not leave American cities hollow. Throughout the pandemic search activity has turned towards large, dense cities, not away from them. For every renter who left, there appear to be many ready to take their spot. Compared to this time last year (i.e., pre-pandemic), the data show more search activity directed towards higher-density cities and towards the principal cities that anchor each major metropolitan area. Simultaneously, increased demand for short-term leases indicate that pandemic-era moves are less permanent than those of previous years.
March 31, 2021 / Real Estate

Apartment List National Rent Report

From Apartment List
This month’s data shows rent prices continuing to rebound in markets across the country. Our national index increased by 1.1 percent over the past month, the largest monthly increase ever in our estimates, going back to the beginning of 2017. The data continue to exhibit significant regional variation, but the days of plummeting rents in pricey coastal markets appear to be over. Although rents in San Francisco are still down 23.2 percent year-over-year, the city saw an increase of 3.4 percent this month, the biggest increase among the 100 largest cities in the country. 9 of the 10 cities with the sharpest year-over-year declines have now had two consecutive months of rising rents. At the other end of the spectrum, many of the mid-sized markets that have seen rents grow rapidly through the pandemic are showing that there’s still steam left in the current boom -- Boise rents also jumped by 3.4 percent this month, and are now up by 16.1 percent year-over-year.
February 26, 2021 / Economy, Real Estate

National Rent Report

From Apartment List
This month’s data represents the clearest indication yet that rent prices are rebounding in markets across the country. Our national index increased by 0.7 percent over the past month, the largest monthly increase since the summer of 2019. The data continue to exhibit significant regional variation, but the days of plummeting rents in pricey coastal markets appear to be coming to an end, with cities such as San Francisco and Seattle experiencing positive month-over-month growth for the first time since the start of the pandemic.
February 10, 2021 / Real Estate

2021 Millennial Homeownership Report

From Apartment List
Millennials are officially the nation’s largest generation, and spanning the ages of 24 to 39, they are now in their prime home-buying years. But for as long as they have been old enough to buy homes, millennials have lagged previous generations in fulfilling that goal. In this study, we combine data from the Census Bureau’s Current Population Survey and our annual Apartment List Renter Survey to assess whether millennials are catching up, or if they are truly less likely to attain homeownership than prior generations.
January 15, 2021 / Real Estate, Economy

Rent Debt & Racial Inequality in 2021

From Apartment List
The COVID-19 pandemic made housing affordability a persistent concern throughout 2020. And as we enter the new year, rent payments remain a financial obstacle for many families. According to our latest survey, 30 percent of renters did not make their January payment on-time at the start of the year. This is down just slightly from the mid-summer peak when unemployment was at its worst, but up significantly from historic baseline levels.
December 8, 2020 / Real Estate

Apartment Vacancies Are Peaking In Expensive Markets

From Apartment List
After years of steady price increases, 2020 brought the nation’s rental market to a halt. Typically rents rise during the busy summer season, but this year apartments across the country are on average renting for about two percent less than they were pre-pandemic.
December 2, 2020 / Real Estate

Apartment List National Rent Report

From Apartment List
With the peak summer renting season behind us, we are now entering the time of year when fewer moves normally take place, causing a seasonal dip in rent prices. And although this year’s peak season was significantly disrupted due to the COVID-19 pandemic, our national index has stabilized back to a more typical trend over the past few months. Rents fell by 0.5 percent this month, which is consistent with what we’ve seen in the past.
November 11, 2020 / Economy

The Suburban Rent Rebound

From Apartment List
Following the COVID-19 pandemic and ensuing economic downturn, rental markets across the country experienced an uncharacteristic decline in rent prices this summer. Nationally, rents dropped 1.3 percent from March to June, a time period when rent prices rose roughly 2 percent in each of the three previous years.
November 2, 2020 / Real Estate, Economy

Apartment List National Rent Report

From Apartment List
Welcome to the November 2020 National Apartment List Rent Report. With the peak summer renting season behind us, we are now entering the time of year when fewer moves normally take place, causing a seasonal dip in rent prices. And although this year’s peak season was significantly disrupted due to the COVID-19 pandemic, our national index has stabilized back to a more typical trend over the past few months.
October 9, 2020 / Real Estate

Those Struggling with Housing Costs are Least Likely to Vote

From Apartment List
With less than a month until election day, the COVID-19 pandemic and the resulting economic fallout continue to be defining issues of the campaign. Amid this continued volatility, we find that widespread struggles with housing costs have been troublingly stable since the start of the pandemic. And despite their pressing needs, we find that those who are struggling most are least likely to make their voices heard at the ballot box on November 3rd.