The median asking rent across the United States closed Q2 2026 at $1,844, with the mean at $2,088. This baseline reading covers 51 states, data as of 2026-07-11.
Monthly readings climbed from March into April, held close to flat through May, then made the quarter’s steepest move into June:
From p10 to p90
The bottom decile of listings asks $1,185 (p10), the 25th percentile is $1,455 (p25), and by the 75th percentile asking rents reach $2,481 (p75). The top decile starts at $3,240 (p90).
Most listings fall below $2,000:
| Band | Share |
|---|---|
| Under $1,000 | 4.4% |
| $1,000 to $1,400 | 17.1% |
| $1,400 to $2,000 | 36.3% |
| $2,000 to $3,000 | 29% |
| $3,000 to $4,000 | 9.1% |
| $4,000 to $5,000 | 2.5% |
| $5,000 and up | 1.6% |
One band, $1,400 to $2,000, covers 36.3% of listings, the single largest slice. It brackets the $1,844 median. Only 1.6% ask $5,000 or more.
Bedroom medians run from $1,685 to $2,288
A studio carries a $1,820 median, a one-bedroom drops to $1,685, and each added bedroom raises the median from there: $1,983 for a two-bedroom, $2,196 for a three-bedroom, and $2,288 for a four-bedroom. The one-bedroom median, $1,685 against the studio’s $1,820, is the one break in an otherwise steady climb.
| Bedrooms | Median | p25 | p75 |
|---|---|---|---|
| Studio | $1,820 | $1,446 | $2,438 |
| 1BR | $1,685 | $1,363 | $2,220 |
| 2BR | $1,983 | $1,560 | $2,691 |
| 3BR | $2,196 | $1,728 | $2,903 |
| 4BR | $2,288 | $1,408 | $3,113 |
Four-bedrooms show the widest internal spread in the table, from a $1,408 p25 to a $3,113 p75.
California holds five of the eight most expensive cities
Redwood City, CA tops the table at a $5,342 average, with San Mateo, CA the only other city above $5,000, at $5,107. Brooklyn, NY ($4,988), Washington, DC ($4,931), and Boston, MA ($4,641) are the non-California entries; Mountain View ($4,699), Morgan Hill ($4,535), and Milpitas ($4,389) round out California’s five.
| City | Avg rent |
|---|---|
| Redwood City, CA | $5,342 |
| San Mateo, CA | $5,107 |
| Brooklyn, NY | $4,988 |
| Washington, DC | $4,931 |
| Mountain View, CA | $4,699 |
| Boston, MA | $4,641 |
| Morgan Hill, CA | $4,535 |
| Milpitas, CA | $4,389 |
The cheapest cities sit under $1,000
Every one of the eight cheapest cities asks under $1,000, five at or below $900. The floor is Amarillo, TX at $826; Cedar Rapids, IA, the group’s dearest at $991, stays under the national p10 of $1,185.
| City | Avg rent |
|---|---|
| Amarillo, TX | $826 |
| Bossier City, LA | $853 |
| Midwest City, OK | $874 |
| Decatur, IL | $898 |
| Wichita Falls, TX | $900 |
| Fort Smith, AR | $981 |
| Porterville, CA | $984 |
| Cedar Rapids, IA | $991 |
Amarillo’s $826 and Redwood City’s $5,342 mark the national extremes. The full picture behind the $1,844 median lives at US rent trends; city and state breakdowns are in the US rent report, current availability is a live search away, and the method is at how the data works.
Based on real asking prices across 1,094 tracked US cities, refreshed every morning.