May 12, 2026

The Rental Market Is Shifting. Here's What the Numbers Say for Q1 2026
The national rental market continued its gradual correction in Q1 2026, with rents falling across nearly every unit type year-over-year, concessions hitting an all-time high of 41.8% of listings, and days on market improving slightly to 25 days. The monthly cost to own remains $686 higher than renting, keeping demand floors intact despite softening conditions. Property manager sentiment is broadly stable, though markets like Charlotte, Raleigh, and Colorado Springs are showing early signs of demand weakness.