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For Agents
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U.S. Rental Market Levels Off in Q3 2025

By
Rental Beast

After several years of sharp rent swings and unpredictable demand, the Q3 2025 rental market marks a turning point toward stability. According to the latest data from Rental Beast, rent growth has flattened across most regions, leasing activity has normalized, and days on market have increased slightly, all signs of a more balanced and predictable environment.

Download the full Q3 2025 Rental Market Report to access national and metro-level data, rent vs. buy comparisons, and property manager sentiment analysis.

Key Takeaways from the Q3 2025 Report

Rents Hold Steady

84% of property managers expect rents to remain stable through early 2026. After years of volatility, median rents for most property types have plateaued, with only single-family homes continuing to post modest gains.

Application Activity Normalizes

The share of managers seeing more rental applicants dropped from 32% in Q2 to 16% in Q3, showing that demand has leveled off after a busy start to the year.

Days on Market Tick Up

Median listing times rose to 25–26 days, a modest increase that points to a healthier balance between supply and demand.

Concessions on the Rise

32% of listings now feature incentives, such as free rent or move-in bonuses, as landlords compete to maintain occupancy in a cooler but stable market.

Renting Still Beats Buying

Renting remains far more affordable than purchasing a home. The median monthly savings for renters versus buyers is $756, underscoring persistent affordability barriers in the for-sale market.

A Market in Balance

This quarter’s data suggests the U.S. rental market has entered a new era of equilibrium. Renters benefit from predictable pricing and increased concessions, while property managers enjoy steady demand and stable occupancy.

“After years of turbulence, what we’re seeing now is a more balanced, sustainable rental environment,” notes the report. “This stability benefits both renters and housing professionals alike.”

Download the Full Report

The Q3 2025 Rental Market Report includes detailed insights for 14 metro areas, plus exclusive data on:

  • Rent vs. buy cost comparisons
  • Regional rent trends by property type
  • Concession rates and leasing activity
  • Property manager sentiment and referral trends

Download the Q3 2025 Rental Market Report now to stay ahead of evolving rental trends and make informed real estate decisions for the year ahead.

Interested in a specific market? Check out our 14 market reports: