Renting Saves Over $900 a Month, But That Edge is Slipping in Most Major Metros

Buying is gaining ground as the rent advantage shrinks in 37 of the 50 largest U.S. metrosAUSTIN, Texas, July 17, 2025 /PRNewswire/ -- The latest Realtor.com® Rental Report for June 2025 shows that the median asking rent for 0–2 bedrooms is down 2.1% year over year to $1,711. And, even after 23 straight months of annual declines, the U.S. median rent in June was only $48 (-2.7%) below its August 2022 peak. Compared to pre-pandemic levels, rents are still up by $268 (18.6%) over June 2019. In a twist that co ...