Markets

Here Are the Most Popular US Rental Markets

These metro areas are relatively inexpensive and have robust economies, making them the top choices among renters today
April 27, 2023

Among the 150 largest U.S. housing markets, affordable locations with abundant jobs were the most popular among renters, according to a recent study by RentCafe. Listings in Atlanta saw the most user engagement from March 2022 to March 2023, followed by Kansas City, Mo., and Albuquerque, N.M.

Despite a 17% drop in available listings, Manhattan, N.Y., saw a 31% jump in saved personalized searches since last March, and Florida also saw a large increase in renter traffic, The New York Times reports.

Though scattered around the country, these markets share important traits — they’re relatively inexpensive and have healthy economies, according to the report.

Florida deserves a mention. The Sunshine State has been drawing buyers and renters eager for warm weather and low taxes. Orlando cracked the top 10, while Fort Lauderdale, a budget-friendly option to adjacent Miami, placed a respectable 25th.

For the full list of the nation’s top rental markets …

Read more

Sign-up for Pro Builder Newsletters
Get all of the latest news and updates.