US Rental Demand Rises 19.2% as High Borrowing Costs Push Buyers to Rent, Zillow Says
Bitget2026/10/15 12:11- Zillow's Oct. 15, 2026, report showed U.S. rental demand rose 19.2% year over year as elevated borrowing costs deterred homebuyers.
- Typical U.S. rent reached $1,932 a month in September, up 2.7% from a year earlier.
- New homebuyers' typical monthly payment climbed 5% to $3,037, nearly twice the pace of rent growth.
- Single-family rental demand increased 21.6%, versus 10.1% for multifamily rentals, highlighting stronger demand for houses.
- San Jose led rental demand growth at 82.5%; San Francisco recorded the fastest rent growth at 11.8%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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