{"id":73729,"date":"2022-01-21T05:00:18","date_gmt":"2022-01-21T13:00:18","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=73729"},"modified":"2024-10-03T16:00:52","modified_gmt":"2024-10-03T23:00:52","slug":"redfin-rental-report-december-2021","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/redfin-rental-report-december-2021\/","title":{"rendered":"Rental Market Tracker: Rents Rise 14% in December\u2014Biggest Jump in Over Two Years"},"content":{"rendered":"\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

The biggest increase was in Austin, where rents surged 40% from a year earlier.<\/h2>\n\nAverage monthly listed rents in the U.S. increased 14.1% year over year to $1,877 in December, the largest annual jump since at least February 2019\u2014the earliest month in Redfin\u2019s rental data. Meanwhile, the national monthly mortgage payment for homebuyers climbed 21.6% year over year, also the biggest increase in Redfin\u2019s records.\n\n\u201cThe growth in mortgage payments has been driven by both climbing prices and climbing mortgage rates,\u201d said Redfin Chief Economist Daryl Fairweather<\/a>. \u201cAnd those rising mortgage costs push more potential homebuyers into renting instead, which pushes up demand and prices for rentals. Mortgage rate increases are accelerating, which will cause both mortgage payments and rent to grow throughout 2022.\u201d\n\n\n\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\t
Rental Market Summary<\/th>\n\t\t\tDecember 2021<\/th>\n\t\t\tMonth-Over-Month<\/th>\n\t\t\tYear-Over-Year<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t
Average Monthly Rent<\/td>\n\t\t\t$1,877<\/td>\n\t\t\t0.3%<\/td>\n\t\t\t14.1%<\/td>\n\t\t<\/tr>\n\t\t
Median Monthly Mortgage Payment for Homebuyers w\/ 5% down payment<\/td>\n\t\t\t$1,553<\/td>\n\t\t\t0.3%<\/td>\n\t\t\t21.6%<\/td>\n\t\t<\/tr>\n\t<\/tbody>\n<\/table>\n\n\"\"\n\nYear\u2013over-year rent-price increases outpaced year-over-year mortgage payment increases for new homebuyers in just 16 of the 50 largest U.S. metro areas in December.\n\n\"\"\n\n

Rents are Up Over 30% In Many Major Metro Areas<\/h3>\nThe 10 metro areas with the biggest increases in rent prices\u2014up 29% year over year or more\u2014were almost exclusively on the East Coast. The only exceptions were Austin, TX<\/a> and Portland, OR<\/a>.\n\n

Top 10 Metro Areas With Fastest-Rising Rents Year Over Year<\/h3>\n
    \n\t
  1. Austin, TX<\/a> (40%)<\/li>\n\t
  2. Nassau County, NY<\/a> (35%)<\/li>\n\t
  3. New York, NY<\/a> (35%)<\/li>\n\t
  4. Newark, NJ<\/a> (35%)<\/li>\n\t
  5. New Brunswick, NJ<\/a> (35%)<\/li>\n\t
  6. Miami, FL<\/a> (34%)<\/li>\n\t
  7. West Palm Beach, FL<\/a> (34%)<\/li>\n\t
  8. Fort Lauderdale, FL<\/a> (34%)<\/li>\n\t
  9. Jacksonville, FL<\/a> (31%)<\/li>\n\t
  10. Portland, OR<\/a> (29%)<\/li>\n<\/ol>\n\n

    Only Kansas City saw rent decline year over year<\/h3>\n
      \n\t
    1. Kansas City, MO<\/a> (-0.8%)<\/li>\n<\/ol>\n\nJust one metro area saw rents fall in December from the same month a year earlier. Rents declined 0.8% in Kansas City, MO<\/a>.\n\n

      Year-Over-Year Change in Rents and Median Monthly Mortgage Payments for Homebuyers, December 2021<\/h3>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
      Region<\/th>Average Rent<\/th>Year-Over-Year Change in Average Rent<\/th>Monthly Mortgage (5% down)<\/th>Year-Over-Year Change in Monthly Mortgage (5% down)<\/th>Difference Between Year-Over-Year Change in 5% Down Mortgage Payment & Rent<\/th>\n<\/tr>\n<\/thead>\n
      Anaheim, CA<\/a><\/td>$3,394<\/td>9.6%<\/td>$3,813<\/td>24.0%<\/td>14 pts<\/td>\n<\/tr>\n
      Atlanta, GA<\/a><\/td>$2,016<\/td>12.1%<\/td>$1,420<\/td>29.6%<\/td>18 pts<\/td>\n<\/tr>\n
      Austin, TX<\/a><\/td>$2,290<\/td>39.9%<\/td>$1,956<\/td>37.5%<\/td>-2 pts<\/td>\n<\/tr>\n
      Baltimore, MD<\/a><\/td>$2,018<\/td>10.7%<\/td>$1,318<\/td>11.0%<\/td>0 pts<\/td>\n<\/tr>\n
      Boston, MA<\/a><\/td>$3,637<\/td>22.3%<\/td>$2,511<\/td>18.8%<\/td>-3 pts<\/td>\n<\/tr>\n
      Charlotte, NC<\/a><\/td>$1,730<\/td>11.5%<\/td>$1,448<\/td>27.1%<\/td>16 pts<\/td>\n<\/tr>\n
      Chicago, IL<\/a><\/td>$2,351<\/td>9.0%<\/td>$1,168<\/td>14.3%<\/td>5 pts<\/td>\n<\/tr>\n
      Cincinnati, OH<\/a><\/td>$1,473<\/td>24.2%<\/td>$957<\/td>15.1%<\/td>-9 pts<\/td>\n<\/tr>\n
      Cleveland, OH<\/a><\/td>$1,378<\/td>11.6%<\/td>$730<\/td>9.8%<\/td>-2 pts<\/td>\n<\/tr>\n
      Columbus, OH<\/a><\/td>$1,458<\/td>7.5%<\/td>$1,095<\/td>16.3%<\/td>9 pts<\/td>\n<\/tr>\n
      Dallas, TX<\/a><\/td>$2,081<\/td>28.5%<\/td>$1,562<\/td>27.0%<\/td>-1 pts<\/td>\n<\/tr>\n
      Denver, CO<\/a><\/td>$2,661<\/td>19.0%<\/td>$2,191<\/td>26.1%<\/td>7 pts<\/td>\n<\/tr>\n
      Detroit, MI<\/a><\/td>$1,552<\/td>11.4%<\/td>$710<\/td>19.1%<\/td>8 pts<\/td>\n<\/tr>\n
      Fort Lauderdale, FL<\/a><\/td>$3,020<\/td>34.0%<\/td>$1,481<\/td>23.5%<\/td>-11 pts<\/td>\n<\/tr>\n
      Fort Worth, TX<\/a><\/td>$2,081<\/td>28.5%<\/td>$1,367<\/td>30.8%<\/td>2 pts<\/td>\n<\/tr>\n
      Houston, TX<\/a><\/td>$1,807<\/td>10.4%<\/td>$1,294<\/td>23.8%<\/td>13 pts<\/td>\n<\/tr>\n
      Indianapolis, IN<\/a><\/td>$1,280<\/td>9.1%<\/td>$1,014<\/td>19.9%<\/td>11 pts<\/td>\n<\/tr>\n
      Jacksonville, FL<\/a><\/td>$1,625<\/td>31.5%<\/td>$1,298<\/td>25.3%<\/td>-6 pts<\/td>\n<\/tr>\n
      Kansas City, MO<\/a><\/td>$1,391<\/td>-0.8%<\/td>$1,116<\/td>18.5%<\/td>19 pts<\/td>\n<\/tr>\n
      Las Vegas, NV<\/a><\/td>$1,820<\/td>25.2%<\/td>$1,620<\/td>31.7%<\/td>7 pts<\/td>\n<\/tr>\n
      Los Angeles, CA<\/a><\/td>$3,394<\/td>9.6%<\/td>$3,387<\/td>20.7%<\/td>11 pts<\/td>\n<\/tr>\n
      Miami, FL<\/a><\/td>$3,020<\/td>34.0%<\/td>$1,785<\/td>29.0%<\/td>-5 pts<\/td>\n<\/tr>\n
      Milwaukee, WI<\/a><\/td>$1,731<\/td>9.7%<\/td>$1,005<\/td>14.5%<\/td>5 pts<\/td>\n<\/tr>\n
      Minneapolis, MN<\/a><\/td>$1,860<\/td>9.0%<\/td>$1,359<\/td>14.1%<\/td>5 pts<\/td>\n<\/tr>\n
      Montgomery County, PA<\/a><\/td>$2,233<\/td>13.2%<\/td>$1,562<\/td>16.1%<\/td>3 pts<\/td>\n<\/tr>\n
      Nashville, TN<\/a><\/td>$1,872<\/td>13.9%<\/td>$1,663<\/td>31.1%<\/td>17 pts<\/td>\n<\/tr>\n
      Nassau County, NY<\/a><\/td>$3,718<\/td>34.5%<\/td>$2,333<\/td>13.4%<\/td>-21 pts<\/td>\n<\/tr>\n
      New Brunswick, NJ<\/a><\/td>$3,718<\/td>34.5%<\/td>$1,724<\/td>16.5%<\/td>-18 pts<\/td>\n<\/tr>\n
      New York, NY<\/a><\/td>$3,718<\/td>34.5%<\/td>$2,596<\/td>14.5%<\/td>-20 pts<\/td>\n<\/tr>\n
      Newark, NJ<\/a><\/td>$3,718<\/td>34.5%<\/td>$1,866<\/td>14.2%<\/td>-20 pts<\/td>\n<\/tr>\n
      Oakland, CA<\/a><\/td>$3,520<\/td>15.0%<\/td>$3,554<\/td>14.2%<\/td>-1 pts<\/td>\n<\/tr>\n
      Orlando, FL<\/a><\/td>$2,050<\/td>28.8%<\/td>$1,444<\/td>29.6%<\/td>1 pts<\/td>\n<\/tr>\n
      Philadelphia, PA<\/a><\/td>$2,233<\/td>13.2%<\/td>$1,051<\/td>13.9%<\/td>1 pts<\/td>\n<\/tr>\n
      Phoenix, AZ<\/a><\/td>$2,107<\/td>26.0%<\/td>$1,766<\/td>35.1%<\/td>9 pts<\/td>\n<\/tr>\n
      Pittsburgh, PA<\/a><\/td>$1,707<\/td>8.9%<\/td>$820<\/td>11.0%<\/td>2 pts<\/td>\n<\/tr>\n
      Portland, OR<\/a><\/td>$2,392<\/td>29.4%<\/td>$2,069<\/td>19.6%<\/td>-10 pts<\/td>\n<\/tr>\n
      Providence, RI<\/a><\/td>$2,176<\/td>13.1%<\/td>$1,542<\/td>20.5%<\/td>7 pts<\/td>\n<\/tr>\n
      Riverside, CA<\/a><\/td>$2,666<\/td>18.5%<\/td>$2,150<\/td>24.9%<\/td>6 pts<\/td>\n<\/tr>\n
      Sacramento, CA<\/a><\/td>$2,582<\/td>20.7%<\/td>$2,224<\/td>21.8%<\/td>1 pts<\/td>\n<\/tr>\n
      San Antonio, TX<\/a><\/td>$1,386<\/td>11.5%<\/td>$1,252<\/td>25.3%<\/td>14 pts<\/td>\n<\/tr>\n
      San Diego, CA<\/a><\/td>$3,077<\/td>10.8%<\/td>$3,142<\/td>23.9%<\/td>13 pts<\/td>\n<\/tr>\n
      San Francisco, CA<\/a><\/td>$3,520<\/td>15.0%<\/td>$6,038<\/td>16.4%<\/td>1 pts<\/td>\n<\/tr>\n
      San Jose, CA<\/a><\/td>$3,300<\/td>6.7%<\/td>$5,550<\/td>21.3%<\/td>15 pts<\/td>\n<\/tr>\n
      Seattle, WA<\/a><\/td>$2,724<\/td>20.9%<\/td>$2,949<\/td>23.4%<\/td>3 pts<\/td>\n<\/tr>\n
      St. Louis, MO<\/a><\/td>$1,448<\/td>1.3%<\/td>$901<\/td>13.8%<\/td>13 pts<\/td>\n<\/tr>\n
      Tampa, FL<\/a><\/td>$2,076<\/td>28.1%<\/td>$1,371<\/td>31.2%<\/td>3 pts<\/td>\n<\/tr>\n
      Virginia Beach, VA<\/a><\/td>$1,681<\/td>20.4%<\/td>$1,156<\/td>12.1%<\/td>-8 pts<\/td>\n<\/tr>\n
      Warren, MI<\/a><\/td>$1,552<\/td>11.4%<\/td>$1,043<\/td>13.0%<\/td>2 pts<\/td>\n<\/tr>\n
      Washington, D.C.<\/a><\/td>$2,538<\/td>12.0%<\/td>$1,978<\/td>14.4%<\/td>2 pts<\/td>\n<\/tr>\n
      West Palm Beach, FL<\/a><\/td>$3,020<\/td>34.0%<\/td>$1,582<\/td>20.4%<\/td>-14 pts<\/td>\n<\/tr>\n
      National<\/strong><\/td>$1,877<\/strong><\/td>14.1%<\/strong><\/td>$1,553<\/strong><\/td>21.6%<\/strong><\/td>7 pts<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n
      \n

      Methodology<\/h3>\nRedfin’s rent-versus-own analysis uses data from more than 20,000 apartment buildings across the US. The report combines rental data on all sizes of apartments for rent with home sales data on all residential home sales (single-family, townhouse and condos) from public records and the multiple listing service (MLS). When this report refers to the median mortgage payment for new homebuyers, it is based on a 5% down payment, the median sale price during the month and the average mortgage interest rate for the month. The report uses a 5% down payment in order to be comparable to what an average renter may be able to reasonably achieve in savings.\n\nRedfin analyzed home sales data from the MLS, and public records and rent prices from RentPath, across the 50 largest metro areas in the US. Monthly rental prices in this report are not directly comparable to monthly homebuyer mortgage payments, since the mix of homes available to rent and the mix of homes being purchased differ in location, size and quality of home within each metro area. For example, most of the homes being purchased may be in the less expensive suburbs of the metropolitan area, while the apartments being rented may be closer to the more expensive city core.\n\nIt is also important to note that the prices in this report reflect the current costs of new leases and new mortgages during each time period. In other words, the amount shown as the average rent is not the average of what all renters are paying, but the average cost of apartments that were available for new renters during the report month. Likewise, the median monthly mortgage payment shown is only for homes that sold during the report month, not for all homeowners.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

      The biggest increase was in Austin, where rents surged 40% from a year earlier.<\/p>\n","protected":false},"author":13346,"featured_media":73731,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8,694,563],"tags":[562],"dashboard":[],"coauthors":[125,62],"class_list":["post-73729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-market-news","category-monthly-rental-tracker","category-rental-market","tag-rental-report"],"acf":[],"yoast_head":"\nRental Market Tracker: Rents Rise 14% in December\u2014Biggest Jump in Over Two Years<\/title>\n<meta name=\"description\" content=\"The biggest increase was in Austin, where rents surged 40% from a year earlier.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/redfin-rental-report-december-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rental Market Tracker: Rents Rise 14% in December\u2014Biggest Jump in Over Two Years\" \/>\n<meta property=\"og:description\" content=\"The biggest increase was in Austin, where rents surged 40% from a year earlier.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.redfin.com\/news\/redfin-rental-report-december-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Redfin Real Estate News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/redfin\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-21T13:00:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-03T23:00:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/01\/Redfin_rent-vs-buy-YOY_2021-12.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Lily Katz, Tim Ellis\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@redfin\" \/>\n<meta name=\"twitter:site\" content=\"@redfin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lily Katz, Tim Ellis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-december-2021\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-december-2021\\\/\"},\"author\":{\"name\":\"Lily Katz\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/61b1278179ed9d76570212c0c595396f\"},\"headline\":\"Rental Market Tracker: Rents Rise 14% in December\u2014Biggest Jump in Over Two Years\",\"datePublished\":\"2022-01-21T13:00:18+00:00\",\"dateModified\":\"2024-10-03T23:00:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-december-2021\\\/\"},\"wordCount\":591,\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-december-2021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2022\\\/01\\\/Redfin_rent-vs-buy-YOY_2021-12.png\",\"keywords\":[\"Rental Report\"],\"articleSection\":[\"Housing Market News\",\"Monthly Rental Tracker\",\"Rental Market\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-december-2021\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-december-2021\\\/\",\"name\":\"Rental Market Tracker: Rents Rise 14% in December\u2014Biggest Jump in Over Two Years\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-december-2021\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-december-2021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2022\\\/01\\\/Redfin_rent-vs-buy-YOY_2021-12.png\",\"datePublished\":\"2022-01-21T13:00:18+00:00\",\"dateModified\":\"2024-10-03T23:00:52+00:00\",\"description\":\"The biggest increase was in Austin, where rents surged 40% from a year earlier.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-december-2021\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-december-2021\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-december-2021\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2022\\\/01\\\/Redfin_rent-vs-buy-YOY_2021-12.png\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2022\\\/01\\\/Redfin_rent-vs-buy-YOY_2021-12.png\",\"width\":1200,\"height\":900},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-december-2021\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.redfin.com/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rental Market Tracker: Rents Rise 14% in December\u2014Biggest Jump in Over Two Years\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"name\":\"Redfin Real Estate News\",\"description\":\"The latest real estate news and research from technology-powered residential real estate company, Redfin.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.redfin.com/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\",\"name\":\"Redfin\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"width\":1100,\"height\":235,\"caption\":\"Redfin\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/redfin\",\"https:\\\/\\\/x.com\\\/redfin\",\"https:\\\/\\\/www.instagram.com\\\/redfinrealestate\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/redfin\",\"https:\\\/\\\/www.pinterest.com\\\/redfin\\\/\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Redfin\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/61b1278179ed9d76570212c0c595396f\",\"name\":\"Lily Katz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Lily_Katz-150x150.jpg170bf170d167b138a07120b77fbb41ab\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Lily_Katz-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Lily_Katz-150x150.jpg\",\"caption\":\"Lily Katz\"},\"description\":\"As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/author\\\/lily-katzredfin-com\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Rental Market Tracker: Rents Rise 14% in December\u2014Biggest Jump in Over Two Years","description":"The biggest increase was in Austin, where rents surged 40% from a year earlier.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.redfin.com\/news\/redfin-rental-report-december-2021\/","og_locale":"en_US","og_type":"article","og_title":"Rental Market Tracker: Rents Rise 14% in December\u2014Biggest Jump in Over Two Years","og_description":"The biggest increase was in Austin, where rents surged 40% from a year earlier.","og_url":"https:\/\/www.redfin.com\/news\/redfin-rental-report-december-2021\/","og_site_name":"Redfin Real Estate News","article_publisher":"https:\/\/www.facebook.com\/redfin","article_published_time":"2022-01-21T13:00:18+00:00","article_modified_time":"2024-10-03T23:00:52+00:00","og_image":[{"width":1200,"height":900,"url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/01\/Redfin_rent-vs-buy-YOY_2021-12.png","type":"image\/png"}],"author":"Lily Katz, Tim Ellis","twitter_card":"summary_large_image","twitter_creator":"@redfin","twitter_site":"@redfin","twitter_misc":{"Written by":"Lily Katz, Tim Ellis","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-december-2021\/#article","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-december-2021\/"},"author":{"name":"Lily Katz","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/61b1278179ed9d76570212c0c595396f"},"headline":"Rental Market Tracker: Rents Rise 14% in December\u2014Biggest Jump in Over Two Years","datePublished":"2022-01-21T13:00:18+00:00","dateModified":"2024-10-03T23:00:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-december-2021\/"},"wordCount":591,"publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"image":{"@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-december-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/01\/Redfin_rent-vs-buy-YOY_2021-12.png","keywords":["Rental Report"],"articleSection":["Housing Market News","Monthly Rental Tracker","Rental Market"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/www.redfin.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-december-2021\/","url":"https:\/\/www.redfin.com\/news\/redfin-rental-report-december-2021\/","name":"Rental Market Tracker: Rents Rise 14% in December\u2014Biggest Jump in Over Two Years","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-december-2021\/#primaryimage"},"image":{"@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-december-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/01\/Redfin_rent-vs-buy-YOY_2021-12.png","datePublished":"2022-01-21T13:00:18+00:00","dateModified":"2024-10-03T23:00:52+00:00","description":"The biggest increase was in Austin, where rents surged 40% from a year earlier.","breadcrumb":{"@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-december-2021\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.redfin.com\/news\/redfin-rental-report-december-2021\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-december-2021\/#primaryimage","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/01\/Redfin_rent-vs-buy-YOY_2021-12.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2022\/01\/Redfin_rent-vs-buy-YOY_2021-12.png","width":1200,"height":900},{"@type":"BreadcrumbList","@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-december-2021\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.redfin.com\/news\/"},{"@type":"ListItem","position":2,"name":"Rental Market Tracker: Rents Rise 14% in December\u2014Biggest Jump in Over Two Years"}]},{"@type":"WebSite","@id":"https:\/\/www.redfin.com\/news\/#website","url":"https:\/\/www.redfin.com\/news\/","name":"Redfin Real Estate News","description":"The latest real estate news and research from technology-powered residential real estate company, Redfin.","publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.redfin.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.redfin.com\/news\/#organization","name":"Redfin","url":"https:\/\/www.redfin.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","width":1100,"height":235,"caption":"Redfin"},"image":{"@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/redfin","https:\/\/x.com\/redfin","https:\/\/www.instagram.com\/redfinrealestate\/","https:\/\/www.linkedin.com\/company\/redfin","https:\/\/www.pinterest.com\/redfin\/","https:\/\/en.wikipedia.org\/wiki\/Redfin"]},{"@type":"Person","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/61b1278179ed9d76570212c0c595396f","name":"Lily Katz","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg170bf170d167b138a07120b77fbb41ab","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg","caption":"Lily Katz"},"description":"As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.","url":"https:\/\/www.redfin.com\/news\/author\/lily-katzredfin-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/73729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/users\/13346"}],"replies":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/comments?post=73729"}],"version-history":[{"count":0,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/73729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media\/73731"}],"wp:attachment":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media?parent=73729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/categories?post=73729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/tags?post=73729"},{"taxonomy":"dashboard","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/dashboard?post=73729"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/coauthors?post=73729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}