Single-family rents rise 1.8% year over year in July

U.S. single-family rent prices increased 1.8% year over year in July, down from annual growth of 2.3% a year earlier, according to Cotality’s Single-Family Rent Index. The company said monthly rent growth has followed a typical seasonal pattern for much of 2026, following a year of below-trend growth. July marked the fifth consecutive month of annual rent price growth, although prices remain below historic levels. Cotality’s release also reported on June 2026 data, when annual single-family rent growth reached 1.5%, the fourth consecutive month of stronger annual gains and the highest rate since late 2025. In June, rents for high-end properties rose 2.4% year over year, while low-end rents increased 0.4% for the second consecutive month. Growth in both tiers was lower than a year earlier. Detached rental prices increased 1.4% in June, while attached rental prices rose 1.6%. “While rents are rising a bit faster than they were earlier this year, the market remains much different from the rapid growth environment seen in recent years,” Molly Boesel, senior principal economist at Cotality, said in a statement. “Pricing performance continues to vary across both regions and price tiers, ...