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CoStar’s Apartments.com: US apartment rents edge up 0.03% in July, annual growth at 1%

PUBT
Jul 29, 2026 at 08:00 PM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

CoStar's July 2026 report indicates U.S. apartment rents rose 0.03% to $1,747, with annual growth accelerating to 1%. Despite an eight-month gain streak, pricing momentum slowed due to elevated supply. Regional trends diverged: the Midwest led with 2% annual growth, while the South and Mountain regions declined. San Francisco saw significant 10.9% annual growth, contrasting with declines in supply-heavy markets like San Antonio.

  • CoStar published a July 2026 multifamily rent report showing U.S. apartment rents essentially flat, up 0.03% to USD 1,747. * Year-over-year rent growth accelerated to 1%, up from a revised 0.9% in June, extending an eight-month run of monthly gains. * Pricing momentum slowed sharply as elevated supply continued to cap rent increases despite the summer leasing season. * Regional results diverged: Midwest led annual growth at 2%; South fell 0.4% as Mountain declined 1%. * San Francisco led major metros with 10.9% annual growth; supply-heavy markets such as San Antonio fell 3%. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoStar Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260729322440) on July 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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