National Median Rent Price Records Two-Dollar Increase – NMP Skip to main content

National Median Rent Price Records Two-Dollar Increase

Apr 03, 2017
Rent prices nationwide saw the slightest of upticks, rising by about $2, or 0.2 percent, according to new data from ABODO

Rent prices nationwide saw the slightest of upticks, rising by about $2, or 0.2 percent, according to new data from ABODO. The median price for a one-bedroom apartment is now $1,005; as of this month, national rents dropped by 1.08 percent since January.
 
For the second consecutive month, the New Orleans market recorded the greatest increase—this time, with a 12 percent increase in the median one-bedroom rent up to $1,180. San Francisco recorded the most expensive rent—$3,415 on a one-bedroom unit—but that price was actually down 1.45 percent from March.
 
Fort Wayne, Ind., saw the greatest rental price decrease: a drop from $595 for a one-bedroom unit in March to $537 in April, a 9.8 percent dip. Philadelphia experienced an eight percent decline in one-bedroom unit rents, from $1,102 last month to $1,023 today.
About the author
Published
Apr 03, 2017
President Trump Cancels 21st Century ROAD To Housing Act

Trump cancels signing the bipartisan housing bill, leaving affordability package in limbo

Jun 24, 2026
Commercial, Multifamily Mortgage Debt Tops $5 Trillion In Q1

MBA says outstanding debt grew by $26.3 billion in the first quarter, led by multifamily lending and increased holdings from banks, agencies, and life insurers

Jun 18, 2026
Fed Holds Rates Steady, But Outlook Dims For Mortgage Rate Relief

The Federal Reserve left rates unchanged but updated projections show more policymakers expecting additional hikes

Jun 18, 2026
Congress Nears Final Vote On 21st Century ROAD to Housing Act

Senate voted 87-8 to advance House-amended package, with final votes expected in coming days

Jun 17, 2026
Florida Pending Sales Signal Strong Summer Housing Market

Closed sales rise for a ninth straight month as inventory gives buyers more negotiating power

Jun 16, 2026
Trump Taps Former CFPB Deputy Brian Johnson To Lead Bureau

MBA backs the nomination as lenders await clarity on the future direction of consumer finance regulation under the Trump administration

Jun 12, 2026