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Asking rents dip 0.4% to $1,694, while 43.9% of listings offer concessions

Realtor.com Economic Research, September 2026 Rental Report · Oct 15, 2026 · 0 views · Rental

In the 50 largest metros, the median asking rent for studio to two-bedroom units was $1,694 in September, down 0.4% from a year earlier and the slowest annual decline in three years. 43.9% of listings offered a concession. Why it matters for operators: With nearly half of listings offering concessions, asking rent can overstate what a unit collects. Compare your rent assumption against concession-adjusted listings.

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