Alita O'Leary
By Brad Beckett on July 27, 2026
According to the latest Cotality Single-Family Rent Index (SFRI), U.S. single-family home rental prices increased 1.3% year over year in May, 2026. Single-family rent prices increased by 1.3% year over year, a decline year-over-year when rent prices increased by 2.6% in May 2025. Click here to read more.
According to the latest Cotality Single-Family Rent Index (SFRI), U.S. single-family home rental prices increased 1.3% year over year in May, 2026. This represents a decline, as year-over-year rent prices increased by 2.6% in May 2025. In addition, they say Florida and parts of Texas continue to soften, while the Midwest and Northeast markets remain the strongest performers. However, Los Angeles saw the largest slowdown in rent price growth for the 3rd month.
“The May data tells two different stories. While annual single-family rent growth remained subdued at 1.3%, rents increased 2.2% between February and May, a stronger-than-typical spring gain that signals improving momentum…When we look beneath the national average, the market is becoming increasingly fragmented. Florida accounted for more than half of the annual declines among the largest metros, while rent growth in parts of the Midwest and Northeast remained several times the national rate. Though some markets that continue to post annual declines recorded positive spring gains, suggesting local conditions are beginning to shift despite still-soft year-over-year trends.” Said Cotality senior principal economist Molly Boesel.
