Average Rent by State

Renting a property from a landlord is an alternative way to procure modern living accommodations without bearing the cost and liability of purchasing and owning a house. Rental agreements are made between a tenant and landlord, generally in a ceremonious signing of legal documents that state the terms of the lease agreement. Usually this agreement makes explicit minor rules and prohibitions related to the property, as well as the length of the lease and the rental cost. 

The duration of lease agreements vary widely, though leasing a rental unit for the duration of one year from the date of occupancy is probably the most frequent lease duration. The length of a lease is completely dependent on the landlord’s discretion prior to signing. The duration of a lease could be up for renewal from month to month, every six months, every year, or more than one year. 

Renting is not always less expensive than paying a mortgage on a house that a person owns, but it is a good option for individuals who are living in an area for a short amount of time. Just as the duration of a lease agreement varies widely, so does the cost of renting. The two factors that increase the cost of rent more than others are the availability and demand for rental units, and the cost of energy. For example, if the cost of energy increases, landlords have to adjust their rates to accommodate for the additional expense if tenants’ utilities are included in the monthly cost of renting. 

To learn more about the average rent by state, scroll the charts.

Median Rent Value by State

Alabama - Median Rent Value

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MEDIAN RENT VALUEhelp

$811

#45 in the US

RENTAL VACANCY RATEhelp

9.6%

#2 in the US

OCCUPIED HOUSING UNITShelp

1,888,504

#24 in the US

MEDIAN HOME SALE PRICEhelp

$295,900

#32 in the US

Alaska - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,240

#11 in the US

RENTAL VACANCY RATEhelp

7.6%

#11 in the US

OCCUPIED HOUSING UNITShelp

255,173

#51 in the US

MEDIAN HOME SALE PRICEhelp

$371,500

#22 in the US

Arizona - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,097

#18 in the US

RENTAL VACANCY RATEhelp

5.4%

#27 in the US

OCCUPIED HOUSING UNITShelp

2,643,430

#15 in the US

MEDIAN HOME SALE PRICEhelp

$471,300

#11 in the US

Arkansas - Median Rent Value

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MEDIAN RENT VALUEhelp

$760

#50 in the US

RENTAL VACANCY RATEhelp

7.4%

#12 in the US

OCCUPIED HOUSING UNITShelp

1,170,544

#32 in the US

MEDIAN HOME SALE PRICEhelp

$251,900

#42 in the US

California - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,586

#3 in the US

RENTAL VACANCY RATEhelp

3.7%

#49 in the US

OCCUPIED HOUSING UNITShelp

13,103,114

#1 in the US

MEDIAN HOME SALE PRICEhelp

$843,800

#1 in the US

Colorado - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,335

#8 in the US

RENTAL VACANCY RATEhelp

4.9%

#41 in the US

OCCUPIED HOUSING UNITShelp

2,137,402

#22 in the US

MEDIAN HOME SALE PRICEhelp

$624,000

#4 in the US

Connecticut - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,201

#13 in the US

RENTAL VACANCY RATEhelp

5.6%

#28 in the US

OCCUPIED HOUSING UNITShelp

1,385,437

#29 in the US

MEDIAN HOME SALE PRICEhelp

$368,900

#24 in the US

Delaware - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,150

#16 in the US

RENTAL VACANCY RATEhelp

6.2%

#17 in the US

OCCUPIED HOUSING UNITShelp

370,953

#46 in the US

MEDIAN HOME SALE PRICEhelp

$323,100

#29 in the US

District of Columbia - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,607

#2 in the US

RENTAL VACANCY RATEhelp

6.7%

#18 in the US

OCCUPIED HOUSING UNITShelp

288,307

#49 in the US

Florida - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,218

#12 in the US

RENTAL VACANCY RATEhelp

8.2%

#5 in the US

OCCUPIED HOUSING UNITShelp

7,931,313

#3 in the US

MEDIAN HOME SALE PRICEhelp

$410,400

#18 in the US

Georgia - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,042

#21 in the US

RENTAL VACANCY RATEhelp

6.5%

#19 in the US

OCCUPIED HOUSING UNITShelp

3,830,264

#10 in the US

MEDIAN HOME SALE PRICEhelp

$376,700

#21 in the US

Hawaii - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,651

#1 in the US

RENTAL VACANCY RATEhelp

8.7%

#6 in the US

OCCUPIED HOUSING UNITShelp

467,932

#43 in the US

MEDIAN HOME SALE PRICEhelp

$715,900

#2 in the US

Idaho - Median Rent Value

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MEDIAN RENT VALUEhelp

$887

#31 in the US

RENTAL VACANCY RATEhelp

4.4%

#42 in the US

OCCUPIED HOUSING UNITShelp

649,299

#40 in the US

MEDIAN HOME SALE PRICEhelp

$521,200

#9 in the US

Illinois - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,038

#22 in the US

RENTAL VACANCY RATEhelp

5.9%

#29 in the US

OCCUPIED HOUSING UNITShelp

4,884,061

#6 in the US

MEDIAN HOME SALE PRICEhelp

$286,800

#35 in the US

Indiana - Median Rent Value

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MEDIAN RENT VALUEhelp

$844

#39 in the US

RENTAL VACANCY RATEhelp

6.5%

#20 in the US

OCCUPIED HOUSING UNITShelp

2,602,770

#17 in the US

MEDIAN HOME SALE PRICEhelp

$245,300

#45 in the US

Iowa - Median Rent Value

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MEDIAN RENT VALUEhelp

$806

#46 in the US

RENTAL VACANCY RATEhelp

6.5%

#21 in the US

OCCUPIED HOUSING UNITShelp

1,273,941

#30 in the US

MEDIAN HOME SALE PRICEhelp

$265,700

#39 in the US

Kansas - Median Rent Value

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MEDIAN RENT VALUEhelp

$863

#35 in the US

RENTAL VACANCY RATEhelp

7.6%

#13 in the US

OCCUPIED HOUSING UNITShelp

1,141,985

#33 in the US

MEDIAN HOME SALE PRICEhelp

$298,100

#31 in the US

Kentucky - Median Rent Value

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MEDIAN RENT VALUEhelp

$783

#48 in the US

RENTAL VACANCY RATEhelp

5.6%

#30 in the US

OCCUPIED HOUSING UNITShelp

1,748,053

#26 in the US

MEDIAN HOME SALE PRICEhelp

$256,700

#41 in the US

Louisiana - Median Rent Value

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MEDIAN RENT VALUEhelp

$876

#32 in the US

RENTAL VACANCY RATEhelp

8.6%

#7 in the US

OCCUPIED HOUSING UNITShelp

1,751,956

#25 in the US

MEDIAN HOME SALE PRICEhelp

$266,000

#38 in the US

Maine - Median Rent Value

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MEDIAN RENT VALUEhelp

$873

#33 in the US

RENTAL VACANCY RATEhelp

5.9%

#31 in the US

OCCUPIED HOUSING UNITShelp

569,551

#41 in the US

MEDIAN HOME SALE PRICEhelp

$348,600

#28 in the US

Maryland - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,415

#4 in the US

RENTAL VACANCY RATEhelp

5.7%

#32 in the US

OCCUPIED HOUSING UNITShelp

2,230,527

#20 in the US

MEDIAN HOME SALE PRICEhelp

$416,800

#17 in the US

Massachusetts - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,336

#7 in the US

RENTAL VACANCY RATEhelp

3.3%

#50 in the US

OCCUPIED HOUSING UNITShelp

2,646,980

#14 in the US

MEDIAN HOME SALE PRICEhelp

$604,200

#5 in the US

Michigan - Median Rent Value

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MEDIAN RENT VALUEhelp

$892

#30 in the US

RENTAL VACANCY RATEhelp

5%

#33 in the US

OCCUPIED HOUSING UNITShelp

3,980,408

#9 in the US

MEDIAN HOME SALE PRICEhelp

$249,100

#44 in the US

Minnesota - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,010

#24 in the US

RENTAL VACANCY RATEhelp

4.2%

#43 in the US

OCCUPIED HOUSING UNITShelp

2,207,988

#21 in the US

MEDIAN HOME SALE PRICEhelp

$349,000

#27 in the US

Mississippi - Median Rent Value

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MEDIAN RENT VALUEhelp

$789

#47 in the US

RENTAL VACANCY RATEhelp

9.5%

#3 in the US

OCCUPIED HOUSING UNITShelp

1,116,649

#35 in the US

MEDIAN HOME SALE PRICEhelp

$257,300

#40 in the US

Missouri - Median Rent Value

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MEDIAN RENT VALUEhelp

$843

#40 in the US

RENTAL VACANCY RATEhelp

5.9%

#34 in the US

OCCUPIED HOUSING UNITShelp

2,440,212

#18 in the US

MEDIAN HOME SALE PRICEhelp

$251,900

#43 in the US

Montana - Median Rent Value

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MEDIAN RENT VALUEhelp

$836

#41 in the US

RENTAL VACANCY RATEhelp

6.2%

#22 in the US

OCCUPIED HOUSING UNITShelp

436,048

#44 in the US

Nebraska - Median Rent Value

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MEDIAN RENT VALUEhelp

$857

#36 in the US

RENTAL VACANCY RATEhelp

5.4%

#35 in the US

OCCUPIED HOUSING UNITShelp

766,663

#38 in the US

MEDIAN HOME SALE PRICEhelp

$279,900

#36 in the US

Nevada - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,159

#15 in the US

RENTAL VACANCY RATEhelp

7.2%

#14 in the US

OCCUPIED HOUSING UNITShelp

1,130,011

#34 in the US

MEDIAN HOME SALE PRICEhelp

$465,000

#12 in the US

New Hampshire - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,145

#17 in the US

RENTAL VACANCY RATEhelp

4%

#44 in the US

OCCUPIED HOUSING UNITShelp

539,116

#42 in the US

MEDIAN HOME SALE PRICEhelp

$434,100

#15 in the US

New Jersey - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,368

#5 in the US

RENTAL VACANCY RATEhelp

4.4%

#45 in the US

OCCUPIED HOUSING UNITShelp

3,272,054

#11 in the US

MEDIAN HOME SALE PRICEhelp

$454,500

#13 in the US

New Mexico - Median Rent Value

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MEDIAN RENT VALUEhelp

$857

#37 in the US

RENTAL VACANCY RATEhelp

8.3%

#8 in the US

OCCUPIED HOUSING UNITShelp

792,755

#37 in the US

MEDIAN HOME SALE PRICEhelp

$518,300

#10 in the US

New York - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,315

#9 in the US

RENTAL VACANCY RATEhelp

4%

#46 in the US

OCCUPIED HOUSING UNITShelp

7,417,224

#4 in the US

MEDIAN HOME SALE PRICEhelp

$559,900

#7 in the US

North Carolina - Median Rent Value

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MEDIAN RENT VALUEhelp

$932

#27 in the US

RENTAL VACANCY RATEhelp

6.8%

#23 in the US

OCCUPIED HOUSING UNITShelp

4,031,592

#8 in the US

MEDIAN HOME SALE PRICEhelp

$360,900

#26 in the US

North Dakota - Median Rent Value

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MEDIAN RENT VALUEhelp

$828

#42 in the US

RENTAL VACANCY RATEhelp

9.8%

#4 in the US

OCCUPIED HOUSING UNITShelp

320,873

#48 in the US

Ohio - Median Rent Value

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MEDIAN RENT VALUEhelp

$825

#43 in the US

RENTAL VACANCY RATEhelp

5.1%

#36 in the US

OCCUPIED HOUSING UNITShelp

4,717,226

#7 in the US

MEDIAN HOME SALE PRICEhelp

$236,700

#47 in the US

Oklahoma - Median Rent Value

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MEDIAN RENT VALUEhelp

$818

#44 in the US

RENTAL VACANCY RATEhelp

8.1%

#9 in the US

OCCUPIED HOUSING UNITShelp

1,493,569

#28 in the US

MEDIAN HOME SALE PRICEhelp

$242,500

#46 in the US

Oregon - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,173

#14 in the US

RENTAL VACANCY RATEhelp

3.6%

#51 in the US

OCCUPIED HOUSING UNITShelp

1,642,579

#27 in the US

MEDIAN HOME SALE PRICEhelp

$527,600

#8 in the US

Pennsylvania - Median Rent Value

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MEDIAN RENT VALUEhelp

$958

#26 in the US

RENTAL VACANCY RATEhelp

5.1%

#37 in the US

OCCUPIED HOUSING UNITShelp

5,106,601

#5 in the US

MEDIAN HOME SALE PRICEhelp

$290,700

#34 in the US

Rhode Island - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,031

#23 in the US

RENTAL VACANCY RATEhelp

5.1%

#38 in the US

OCCUPIED HOUSING UNITShelp

414,730

#45 in the US

MEDIAN HOME SALE PRICEhelp

$429,200

#16 in the US

South Carolina - Median Rent Value

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MEDIAN RENT VALUEhelp

$918

#28 in the US

RENTAL VACANCY RATEhelp

8.8%

#10 in the US

OCCUPIED HOUSING UNITShelp

1,961,481

#23 in the US

MEDIAN HOME SALE PRICEhelp

$370,800

#23 in the US

South Dakota - Median Rent Value

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MEDIAN RENT VALUEhelp

$761

#49 in the US

RENTAL VACANCY RATEhelp

6.8%

#25 in the US

OCCUPIED HOUSING UNITShelp

347,878

#47 in the US

MEDIAN HOME SALE PRICEhelp

$312,700

#30 in the US

Tennessee - Median Rent Value

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MEDIAN RENT VALUEhelp

$897

#29 in the US

RENTAL VACANCY RATEhelp

6.8%

#26 in the US

OCCUPIED HOUSING UNITShelp

2,639,455

#16 in the US

MEDIAN HOME SALE PRICEhelp

$402,600

#19 in the US

Texas - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,082

#20 in the US

RENTAL VACANCY RATEhelp

7.8%

#15 in the US

OCCUPIED HOUSING UNITShelp

9,906,070

#2 in the US

MEDIAN HOME SALE PRICEhelp

$389,100

#20 in the US

Utah - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,090

#19 in the US

RENTAL VACANCY RATEhelp

5.9%

#39 in the US

OCCUPIED HOUSING UNITShelp

1,110,369

#36 in the US

MEDIAN HOME SALE PRICEhelp

$575,100

#6 in the US

Vermont - Median Rent Value

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MEDIAN RENT VALUEhelp

$999

#25 in the US

RENTAL VACANCY RATEhelp

4%

#47 in the US

OCCUPIED HOUSING UNITShelp

262,852

#50 in the US

MEDIAN HOME SALE PRICEhelp

$365,100

#25 in the US

Virginia - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,257

#10 in the US

RENTAL VACANCY RATEhelp

5.4%

#40 in the US

OCCUPIED HOUSING UNITShelp

3,184,121

#12 in the US

MEDIAN HOME SALE PRICEhelp

$447,500

#14 in the US

Washington - Median Rent Value

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MEDIAN RENT VALUEhelp

$1,337

#6 in the US

RENTAL VACANCY RATEhelp

3.7%

#52 in the US

OCCUPIED HOUSING UNITShelp

2,905,822

#13 in the US

MEDIAN HOME SALE PRICEhelp

$668,400

#3 in the US

West Virginia - Median Rent Value

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MEDIAN RENT VALUEhelp

$732

#51 in the US

RENTAL VACANCY RATEhelp

7.3%

#16 in the US

OCCUPIED HOUSING UNITShelp

734,235

#39 in the US

MEDIAN HOME SALE PRICEhelp

$291,300

#33 in the US

Wisconsin - Median Rent Value

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MEDIAN RENT VALUEhelp

$872

#34 in the US

RENTAL VACANCY RATEhelp

4.9%

#48 in the US

OCCUPIED HOUSING UNITShelp

2,377,935

#19 in the US

MEDIAN HOME SALE PRICEhelp

$278,900

#37 in the US

Wyoming - Median Rent Value

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MEDIAN RENT VALUEhelp

$853

#38 in the US

RENTAL VACANCY RATEhelp

11.4%

#1 in the US

OCCUPIED HOUSING UNITShelp

233,231

#52 in the US

-

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help

$0

#52 in the US