Average Rent in the U.S.

Q: What are the most affordable states in the U.S.?

The most affordable states in the U.S. are Oklahoma , where the average rent goes for $989/month, Arkansas , where renters pay $1,036/mo on average, and North Dakota , where the average rent goes for $1,046/mo.

What is the average rent in the U.S.?

The average rent for an apartment in the U.S. is $1,713. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in the U.S.

Last updated March 2024

Average Rent	Average Apartment Size
$1,713	899 sq. ft.

What is the average apartment size in U.S.?

The average apartment size in the U.S. is 899 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

U.S. apartment rent ranges

U.S. Occupied Housing Units

44,238,593 or 35% of the households in U.S. are renter-occupied while 81,497,760 or 65% are owner-occupied.

U.S. rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in the U.S. by state

State	Average Rent	Average Apartment Size
Alabama	$1,251	986 sq. ft.
Alaska	$1,470	705 sq. ft.
Arizona	$1,597	844 sq. ft.
Arkansas	$1,036	890 sq. ft.
California	$2,531	851 sq. ft.
Colorado	$1,887	872 sq. ft.
Connecticut	$1,926	893 sq. ft.
Delaware	$1,602	913 sq. ft.
District of Columbia	$2,401	746 sq. ft.
Florida	$1,934	968 sq. ft.
Georgia	$1,611	1,016 sq. ft.
Hawaii	$2,512	847 sq. ft.
Idaho	$1,557	912 sq. ft.
Illinois	$1,866	836 sq. ft.
Indiana	$1,234	903 sq. ft.
Iowa	$1,166	892 sq. ft.
Kansas	$1,187	902 sq. ft.
Kentucky	$1,218	930 sq. ft.
Louisiana	$1,197	912 sq. ft.
Maine	$1,851	843 sq. ft.
Maryland	$1,810	902 sq. ft.
Massachusetts	$2,714	888 sq. ft.
Michigan	$1,280	915 sq. ft.
Minnesota	$1,504	885 sq. ft.
Mississippi	$1,258	1,020 sq. ft.
Missouri	$1,235	894 sq. ft.
Montana	$1,560	868 sq. ft.
Nebraska	$1,215	934 sq. ft.
Nevada	$1,499	899 sq. ft.
New Hampshire	$1,975	877 sq. ft.
New Jersey	$2,236	858 sq. ft.
New Mexico	$1,342	826 sq. ft.
New York	$2,639	841 sq. ft.
North Carolina	$1,526	959 sq. ft.
North Dakota	$1,046	961 sq. ft.
Ohio	$1,219	895 sq. ft.
Oklahoma	$989	856 sq. ft.
Oregon	$1,711	851 sq. ft.
Pennsylvania	$1,660	886 sq. ft.
Rhode Island	$1,992	921 sq. ft.
South Carolina	$1,555	995 sq. ft.
South Dakota	$1,105	901 sq. ft.
Tennessee	$1,470	947 sq. ft.
Texas	$1,451	880 sq. ft.
Utah	$1,611	915 sq. ft.
Vermont	$1,936	813 sq. ft.
Virginia	$1,875	916 sq. ft.
Washington	$1,983	834 sq. ft.
West Virginia	$1,246	988 sq. ft.
Wisconsin	$1,462	904 sq. ft.
Wyoming	$1,119	877 sq. ft.

What are the most affordable states in the U.S.?

The most affordable states in the U.S. are Oklahoma, where the average rent goes for $989/month, Arkansas, where renters pay $1,036/mo on average, and North Dakota, where the average rent goes for $1,046/mo.

What are the most expensive states in the U.S.?

The most expensive states in the U.S. are Massachusetts ($2,714), New York ($2,639) and California ($2,531).

Average Rent in the U.S. by state

Rent in Alabama is 15% lower than in Alaska

$1,251

Alabama rent is 27% lower than the U.S. average

Average Rent	$1,251

$1,470

Alaska rent is 14% lower than the U.S. average

Average Rent	$1,470

Popular Cities

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.