Median rent by year

Median rent, including utilities, is $1,565 a month in the U.S. as of October 2026. In 1950 it was $42.00, or $588 in today’s dollars. Adjusted for inflation, rent is 2.7 times as high as in 1950.

Price at the time In October 2026 dollars

$0$500$1,000$1,500$2,0001960197019801990200020102020$0$500$1,000$1,500$2,0001960198020002020

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Every year since 1950

U.S. median rent including utilities. ≈ marks estimates between data points.

YearPriceIn today’s dollars
1950$42.00$588
1951≈$44.33≈$575
1952≈$46.78≈$593
1953≈$49.38≈$621
1954≈$52.11≈$656
1955$55.00$692
1956≈$57.88≈$718
1957≈$60.91≈$731
1958≈$64.11≈$748
1959≈$67.47≈$779
1960$71.00$809
1961≈$73.60≈$830
1962≈$76.30≈$852
1963≈$79.10≈$872
1964≈$81.99≈$892
1965$85.00$910
1966≈$89.17≈$925
1967≈$93.55≈$945
1968≈$98.13≈$951
1969≈$103≈$946
1970$108$939
1971≈$118≈$979
1972≈$128≈$1,032
1973≈$139≈$1,058
1974≈$152≈$1,037
1975$165$1,034
1976≈$178≈$1,057
1977≈$193≈$1,072
1978≈$208≈$1,077
1979≈$225≈$1,045
1980$243$995
1981≈$261≈$970
1982≈$281≈$983
1983≈$302≈$1,024
1984≈$325≈$1,056
1985$350$1,097
1986≈$368≈$1,131
1987≈$386≈$1,146
1988≈$405≈$1,156
1989≈$426≈$1,158
1990$447$1,153
1991≈$461≈$1,141
1992≈$475≈$1,142
1993≈$489≈$1,142
1994≈$505≈$1,148
1995$520$1,151
1996≈$535≈$1,152
1997≈$551≈$1,159
1998≈$568≈$1,175
1999≈$585≈$1,184
2000$602$1,179
2001≈$625≈$1,191
2002≈$650≈$1,218
2003≈$675≈$1,237
2004≈$701≈$1,251
2005$728$1,257
2006≈$752≈$1,258
2007≈$776≈$1,263
2008≈$802≈$1,256
2009≈$828≈$1,302
2010$855$1,322
2011≈$875≈$1,312
2012≈$895≈$1,315
2013≈$916≈$1,326
2014≈$937≈$1,335
2015$959$1,365
2016≈$985≈$1,384
2017$1,012$1,393
2018≈$1,054≈$1,415
2019$1,097$1,447
2020$1,150$1,500
2021$1,191$1,474
2022$1,300$1,480
2023$1,406$1,552
2024$1,487$1,595
2025$1,530$1,598
Oct 2026 (latest)$1,565$1,565

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Where rent is highest and lowest

Among the 2,314 U.S. places with at least 20,000 people, as of October 2026. The local median rent from the Census American Community Survey (the county’s figure when the place has fewer than 5,000 people). Housing gaps between places were smaller decades ago, and the older estimates narrow them accordingly.

Sources

Census Bureau median gross rent, from the decennial census and the American Community Survey.

For cities: The local median rent from the Census American Community Survey (the county’s figure when the place has fewer than 5,000 people). Housing gaps between places were smaller decades ago, and the older estimates narrow them accordingly.

Each year shows the U.S. figure at midyear. Years marked ≈ fall between this series’ data points and are estimated by smooth interpolation between them. Today’s dollars use the Consumer Price Index for All Urban Consumers (CPI-U). How it works.

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More price histories

What everything cost in 1950, 1960, 1970, 1980, 1990, 2000, 2010, 2020. All prices.