Introduction
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.
| # | State | Median Rent Price | Rental Vacancy Rate | Occupied Housing Units | Median Home Price |
|---|---|---|---|---|---|
| 1 | Hawaii | $1,651 | 8.7% | 467,932 | $715,900 |
| 2 | District of Columbia | $1,607 | 6.7% | 288,307 | |
| 3 | California | $1,586 | 3.7% | 13,103,114 | $843,800 |
| 4 | Maryland | $1,415 | 5.7% | 2,230,527 | $416,800 |
| 5 | New Jersey | $1,368 | 4.4% | 3,272,054 | $454,500 |
| 6 | Washington | $1,337 | 3.7% | 2,905,822 | $668,400 |
| 7 | Massachusetts | $1,336 | 3.3% | 2,646,980 | $604,200 |
| 8 | Colorado | $1,335 | 4.9% | 2,137,402 | $624,000 |
| 9 | New York | $1,315 | 4% | 7,417,224 | $559,900 |
| 10 | Virginia | $1,257 | 5.4% | 3,184,121 | $447,500 |
| 11 | Alaska | $1,240 | 7.6% | 255,173 | $371,500 |
| 12 | Florida | $1,218 | 8.2% | 7,931,313 | $410,400 |
| 13 | Connecticut | $1,201 | 5.6% | 1,385,437 | $368,900 |
| 14 | Oregon | $1,173 | 3.6% | 1,642,579 | $527,600 |
| 15 | Nevada | $1,159 | 7.2% | 1,130,011 | $465,000 |
| 16 | Delaware | $1,150 | 6.2% | 370,953 | $323,100 |
| 17 | New Hampshire | $1,145 | 4% | 539,116 | $434,100 |
| 18 | Arizona | $1,097 | 5.4% | 2,643,430 | $471,300 |
| 19 | Utah | $1,090 | 5.9% | 1,110,369 | $575,100 |
| 20 | Texas | $1,082 | 7.8% | 9,906,070 | $389,100 |
| 21 | Georgia | $1,042 | 6.5% | 3,830,264 | $376,700 |
| 22 | Illinois | $1,038 | 5.9% | 4,884,061 | $286,800 |
| 23 | Rhode Island | $1,031 | 5.1% | 414,730 | $429,200 |
| 24 | Minnesota | $1,010 | 4.2% | 2,207,988 | $349,000 |
| 25 | Vermont | $999 | 4% | 262,852 | $365,100 |
| 26 | Pennsylvania | $958 | 5.1% | 5,106,601 | $290,700 |
| 27 | North Carolina | $932 | 6.8% | 4,031,592 | $360,900 |
| 28 | South Carolina | $918 | 8.8% | 1,961,481 | $370,800 |
| 29 | Tennessee | $897 | 6.8% | 2,639,455 | $402,600 |
| 30 | Michigan | $892 | 5% | 3,980,408 | $249,100 |
| 31 | Idaho | $887 | 4.4% | 649,299 | $521,200 |
| 32 | Louisiana | $876 | 8.6% | 1,751,956 | $266,000 |
| 33 | Maine | $873 | 5.9% | 569,551 | $348,600 |
| 34 | Wisconsin | $872 | 4.9% | 2,377,935 | $278,900 |
| 35 | Kansas | $863 | 7.6% | 1,141,985 | $298,100 |
| 36 | Nebraska | $857 | 5.4% | 766,663 | $279,900 |
| 37 | New Mexico | $857 | 8.3% | 792,755 | $518,300 |
| 38 | Wyoming | $853 | 11.4% | 233,231 | |
| 39 | Indiana | $844 | 6.5% | 2,602,770 | $245,300 |
| 40 | Missouri | $843 | 5.9% | 2,440,212 | $251,900 |
| 41 | Montana | $836 | 6.2% | 436,048 | |
| 42 | North Dakota | $828 | 9.8% | 320,873 | |
| 43 | Ohio | $825 | 5.1% | 4,717,226 | $236,700 |
| 44 | Oklahoma | $818 | 8.1% | 1,493,569 | $242,500 |
| 45 | Alabama | $811 | 9.6% | 1,888,504 | $295,900 |
| 46 | Iowa | $806 | 6.5% | 1,273,941 | $265,700 |
| 47 | Mississippi | $789 | 9.5% | 1,116,649 | $257,300 |
| 48 | Kentucky | $783 | 5.6% | 1,748,053 | $256,700 |
| 49 | South Dakota | $761 | 6.8% | 347,878 | $312,700 |
| 50 | Arkansas | $760 | 7.4% | 1,170,544 | $251,900 |
| 51 | West Virginia | $732 | 7.3% | 734,235 | $291,300 |
Median Rent Price by State
Alabama
Median Rent Price
$811
Ranked in the US
#45
Rental Vacancy Rate
9.6%
Ranked in the US
#3
Occupied Housing Units
1,888,504
Ranked in the US
#24
$295,900
Ranked in the US
#32
Alaska
Median Rent Price
$1,240
Ranked in the US
#11
Rental Vacancy Rate
7.6%
Ranked in the US
#12
Occupied Housing Units
255,173
Ranked in the US
#51
$371,500
Ranked in the US
#22
Arizona
Median Rent Price
$1,097
Ranked in the US
#18
Rental Vacancy Rate
5.4%
Ranked in the US
#34
Occupied Housing Units
2,643,430
Ranked in the US
#15
$471,300
Ranked in the US
#11
Arkansas
Median Rent Price
$760
Ranked in the US
#50
Rental Vacancy Rate
7.4%
Ranked in the US
#14
Occupied Housing Units
1,170,544
Ranked in the US
#32
$251,900
Ranked in the US
#42
California
Median Rent Price
$1,586
Ranked in the US
#3
Rental Vacancy Rate
3.7%
Ranked in the US
#49
Occupied Housing Units
13,103,114
Ranked in the US
#1
$843,800
Ranked in the US
#1
Colorado
Median Rent Price
$1,335
Ranked in the US
#8
Rental Vacancy Rate
4.9%
Ranked in the US
#41
Occupied Housing Units
2,137,402
Ranked in the US
#22
$624,000
Ranked in the US
#4
Connecticut
Median Rent Price
$1,201
Ranked in the US
#13
Rental Vacancy Rate
5.6%
Ranked in the US
#32
Occupied Housing Units
1,385,437
Ranked in the US
#29
$368,900
Ranked in the US
#24
Delaware
Median Rent Price
$1,150
Ranked in the US
#16
Rental Vacancy Rate
6.2%
Ranked in the US
#25
Occupied Housing Units
370,953
Ranked in the US
#46
$323,100
Ranked in the US
#29
District of Columbia
Median Rent Price
$1,607
Ranked in the US
#2
Rental Vacancy Rate
6.7%
Ranked in the US
#21
Occupied Housing Units
288,307
Ranked in the US
#49
Florida
Median Rent Price
$1,218
Ranked in the US
#12
Rental Vacancy Rate
8.2%
Ranked in the US
#9
Occupied Housing Units
7,931,313
Ranked in the US
#3
$410,400
Ranked in the US
#18
Georgia
Median Rent Price
$1,042
Ranked in the US
#21
Rental Vacancy Rate
6.5%
Ranked in the US
#22
Occupied Housing Units
3,830,264
Ranked in the US
#10
$376,700
Ranked in the US
#21
Hawaii
Median Rent Price
$1,651
Ranked in the US
#1
Rental Vacancy Rate
8.7%
Ranked in the US
#6
Occupied Housing Units
467,932
Ranked in the US
#43
$715,900
Ranked in the US
#2
Idaho
Median Rent Price
$887
Ranked in the US
#31
Rental Vacancy Rate
4.4%
Ranked in the US
#43
Occupied Housing Units
649,299
Ranked in the US
#40
$521,200
Ranked in the US
#9
Illinois
Median Rent Price
$1,038
Ranked in the US
#22
Rental Vacancy Rate
5.9%
Ranked in the US
#27
Occupied Housing Units
4,884,061
Ranked in the US
#6
$286,800
Ranked in the US
#35
Indiana
Median Rent Price
$844
Ranked in the US
#39
Rental Vacancy Rate
6.5%
Ranked in the US
#23
Occupied Housing Units
2,602,770
Ranked in the US
#17
$245,300
Ranked in the US
#45
Iowa
Median Rent Price
$806
Ranked in the US
#46
Rental Vacancy Rate
6.5%
Ranked in the US
#24
Occupied Housing Units
1,273,941
Ranked in the US
#30
$265,700
Ranked in the US
#39
Kansas
Median Rent Price
$863
Ranked in the US
#35
Rental Vacancy Rate
7.6%
Ranked in the US
#13
Occupied Housing Units
1,141,985
Ranked in the US
#33
$298,100
Ranked in the US
#31
Kentucky
Median Rent Price
$783
Ranked in the US
#48
Rental Vacancy Rate
5.6%
Ranked in the US
#33
Occupied Housing Units
1,748,053
Ranked in the US
#26
$256,700
Ranked in the US
#41
Louisiana
Median Rent Price
$876
Ranked in the US
#32
Rental Vacancy Rate
8.6%
Ranked in the US
#7
Occupied Housing Units
1,751,956
Ranked in the US
#25
$266,000
Ranked in the US
#38
Maine
Median Rent Price
$873
Ranked in the US
#33
Rental Vacancy Rate
5.9%
Ranked in the US
#28
Occupied Housing Units
569,551
Ranked in the US
#41
$348,600
Ranked in the US
#28
Maryland
Median Rent Price
$1,415
Ranked in the US
#4
Rental Vacancy Rate
5.7%
Ranked in the US
#31
Occupied Housing Units
2,230,527
Ranked in the US
#20
$416,800
Ranked in the US
#17
Massachusetts
Median Rent Price
$1,336
Ranked in the US
#7
Rental Vacancy Rate
3.3%
Ranked in the US
#52
Occupied Housing Units
2,646,980
Ranked in the US
#14
$604,200
Ranked in the US
#5
Michigan
Median Rent Price
$892
Ranked in the US
#30
Rental Vacancy Rate
5%
Ranked in the US
#40
Occupied Housing Units
3,980,408
Ranked in the US
#9
$249,100
Ranked in the US
#44
Minnesota
Median Rent Price
$1,010
Ranked in the US
#24
Rental Vacancy Rate
4.2%
Ranked in the US
#45
Occupied Housing Units
2,207,988
Ranked in the US
#21
$349,000
Ranked in the US
#27
Mississippi
Median Rent Price
$789
Ranked in the US
#47
Rental Vacancy Rate
9.5%
Ranked in the US
#4
Occupied Housing Units
1,116,649
Ranked in the US
#35
$257,300
Ranked in the US
#40
Missouri
Median Rent Price
$843
Ranked in the US
#40
Rental Vacancy Rate
5.9%
Ranked in the US
#29
Occupied Housing Units
2,440,212
Ranked in the US
#18
$251,900
Ranked in the US
#43
Montana
Median Rent Price
$836
Ranked in the US
#41
Rental Vacancy Rate
6.2%
Ranked in the US
#26
Occupied Housing Units
436,048
Ranked in the US
#44
Nebraska
Median Rent Price
$857
Ranked in the US
#36
Rental Vacancy Rate
5.4%
Ranked in the US
#35
Occupied Housing Units
766,663
Ranked in the US
#38
$279,900
Ranked in the US
#36
Nevada
Median Rent Price
$1,159
Ranked in the US
#15
Rental Vacancy Rate
7.2%
Ranked in the US
#16
Occupied Housing Units
1,130,011
Ranked in the US
#34
$465,000
Ranked in the US
#12
New Hampshire
Median Rent Price
$1,145
Ranked in the US
#17
Rental Vacancy Rate
4%
Ranked in the US
#46
Occupied Housing Units
539,116
Ranked in the US
#42
$434,100
Ranked in the US
#15
New Jersey
Median Rent Price
$1,368
Ranked in the US
#5
Rental Vacancy Rate
4.4%
Ranked in the US
#44
Occupied Housing Units
3,272,054
Ranked in the US
#11
$454,500
Ranked in the US
#13
New Mexico
Median Rent Price
$857
Ranked in the US
#37
Rental Vacancy Rate
8.3%
Ranked in the US
#8
Occupied Housing Units
792,755
Ranked in the US
#37
$518,300
Ranked in the US
#10
New York
Median Rent Price
$1,315
Ranked in the US
#9
Rental Vacancy Rate
4%
Ranked in the US
#47
Occupied Housing Units
7,417,224
Ranked in the US
#4
$559,900
Ranked in the US
#7
North Carolina
Median Rent Price
$932
Ranked in the US
#27
Rental Vacancy Rate
6.8%
Ranked in the US
#18
Occupied Housing Units
4,031,592
Ranked in the US
#8
$360,900
Ranked in the US
#26
North Dakota
Median Rent Price
$828
Ranked in the US
#42
Rental Vacancy Rate
9.8%
Ranked in the US
#2
Occupied Housing Units
320,873
Ranked in the US
#48
Ohio
Median Rent Price
$825
Ranked in the US
#43
Rental Vacancy Rate
5.1%
Ranked in the US
#37
Occupied Housing Units
4,717,226
Ranked in the US
#7
$236,700
Ranked in the US
#47
Oklahoma
Median Rent Price
$818
Ranked in the US
#44
Rental Vacancy Rate
8.1%
Ranked in the US
#10
Occupied Housing Units
1,493,569
Ranked in the US
#28
$242,500
Ranked in the US
#46
Oregon
Median Rent Price
$1,173
Ranked in the US
#14
Rental Vacancy Rate
3.6%
Ranked in the US
#51
Occupied Housing Units
1,642,579
Ranked in the US
#27
$527,600
Ranked in the US
#8
Pennsylvania
Median Rent Price
$958
Ranked in the US
#26
Rental Vacancy Rate
5.1%
Ranked in the US
#38
Occupied Housing Units
5,106,601
Ranked in the US
#5
$290,700
Ranked in the US
#34
Rhode Island
Median Rent Price
$1,031
Ranked in the US
#23
Rental Vacancy Rate
5.1%
Ranked in the US
#39
Occupied Housing Units
414,730
Ranked in the US
#45
$429,200
Ranked in the US
#16
South Carolina
Median Rent Price
$918
Ranked in the US
#28
Rental Vacancy Rate
8.8%
Ranked in the US
#5
Occupied Housing Units
1,961,481
Ranked in the US
#23
$370,800
Ranked in the US
#23
South Dakota
Median Rent Price
$761
Ranked in the US
#49
Rental Vacancy Rate
6.8%
Ranked in the US
#19
Occupied Housing Units
347,878
Ranked in the US
#47
$312,700
Ranked in the US
#30
Tennessee
Median Rent Price
$897
Ranked in the US
#29
Rental Vacancy Rate
6.8%
Ranked in the US
#20
Occupied Housing Units
2,639,455
Ranked in the US
#16
$402,600
Ranked in the US
#19
Texas
Median Rent Price
$1,082
Ranked in the US
#20
Rental Vacancy Rate
7.8%
Ranked in the US
#11
Occupied Housing Units
9,906,070
Ranked in the US
#2
$389,100
Ranked in the US
#20
Utah
Median Rent Price
$1,090
Ranked in the US
#19
Rental Vacancy Rate
5.9%
Ranked in the US
#30
Occupied Housing Units
1,110,369
Ranked in the US
#36
$575,100
Ranked in the US
#6
Vermont
Median Rent Price
$999
Ranked in the US
#25
Rental Vacancy Rate
4%
Ranked in the US
#48
Occupied Housing Units
262,852
Ranked in the US
#50
$365,100
Ranked in the US
#25
Virginia
Median Rent Price
$1,257
Ranked in the US
#10
Rental Vacancy Rate
5.4%
Ranked in the US
#36
Occupied Housing Units
3,184,121
Ranked in the US
#12
$447,500
Ranked in the US
#14
Washington
Median Rent Price
$1,337
Ranked in the US
#6
Rental Vacancy Rate
3.7%
Ranked in the US
#50
Occupied Housing Units
2,905,822
Ranked in the US
#13
$668,400
Ranked in the US
#3
West Virginia
Median Rent Price
$732
Ranked in the US
#51
Rental Vacancy Rate
7.3%
Ranked in the US
#15
Occupied Housing Units
734,235
Ranked in the US
#39
$291,300
Ranked in the US
#33
Wisconsin
Median Rent Price
$872
Ranked in the US
#34
Rental Vacancy Rate
4.9%
Ranked in the US
#42
Occupied Housing Units
2,377,935
Ranked in the US
#19
$278,900
Ranked in the US
#37
Wyoming
Median Rent Price
$853
Ranked in the US
#38
Rental Vacancy Rate
11.4%
Ranked in the US
#1
Occupied Housing Units
233,231
Ranked in the US
#52
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