United States Rent Inflation
Jul 2026 · Monthly
US rent inflation fell to 2.75% in August 2026, from 2.86% in July, according to the Federal Reserve Bank of St. Louis. The rate has declined from 3.49% a year earlier, though it remains well above the series low of -0.06% recorded in May 2010. The all-time high was 8.81% in March 2023. The latest reading marks the second consecutive monthly decrease after a slight uptick in July, with the index having trended lower since peaking in early 2026. The data, sourced from the Federal Reserve Bank of St. Louis, shows the measure has stayed within a narrow range over the past several months, fluctuating between 2.56% and 2.92% since March 2026.
source: Federal Reserve Bank of St. Louis
Rent inflation in the United States rose to 2.86% in July 2026 from 2.84% in the previous month. The rate remains well below the all-time high of 8.81% recorded in March 2023. The series dates back to January 1982.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 2.9% | 2.8% | 8.8%Mar 2023 | -0.1%May 2010 | 1982 – 2026 | Monthly |
News
About this series
Rent Inflation in United States averaged 3.4% from 1990 until 2026, reaching an all-time high of 8.8% in Mar 2023 and a record low of -0.1% in May 2010. The series is reported monthly with history from 1982.
Rent inflation measures the annual change in the cost of renting residential properties in the United States. The data are reported monthly as a percentage change from the same month one year earlier. The series spans from January 1982 to the present.
Source & methodology
Federal Reserve Bank of St. Louis · Federal Reserve Bank of St. Louis (FRED)
FAQ