Rental Market Analysis

Adkins Capital Management LLC  •  Data Series
Rental Market Analysis Dashboard
Rent Inflation  ·  HUD Fair Market Rents  ·  Vacancy Rates  ·  Affordability  ·  Multifamily Construction
● LIVE DATA
Sources
BLS & HUD & Census
FRED • HUD USER API • Census ACS
Rent of Primary Residence CPI: 442.9 Index ▲ 0.2%Owners' Equivalent Rent CPI: 437.1 Index ▲ 0.3%Housing CPI (All Items): 354.9 Index ▲ 0.3%Shelter CPI: 424.1 Index ▲ 0.3%Rental Vacancy Rate: 1.2 % ▲ 0.0%Renter-Occupied Rate: 7.2 % ▲ 1.4%Median Gross Rent Paid (ACS): $1,406 ▲ 8.2%Months Supply — New Homes: 9.7 Months ▲ 21.3%Median Household Income (ACS): $77,719 ▲ 4.0%Cost-Burdened Renters (ACS): 45,646,491 ▲ 0.9%Housing Affordability Index: 113.7 Index ▼ 3.2%30-Year Fixed Mortgage Rate: 6.23 % ▼ 1.1%Multi-Family Starts (5+ Units): 524.0 K Units ▲ 29.1%Total Completions: 1,527.0 K Units ▲ 4.8%Rent of Primary Residence CPI: 442.9 Index ▲ 0.2%Owners' Equivalent Rent CPI: 437.1 Index ▲ 0.3%Housing CPI (All Items): 354.9 Index ▲ 0.3%Shelter CPI: 424.1 Index ▲ 0.3%Rental Vacancy Rate: 1.2 % ▲ 0.0%Renter-Occupied Rate: 7.2 % ▲ 1.4%Median Gross Rent Paid (ACS): $1,406 ▲ 8.2%Months Supply — New Homes: 9.7 Months ▲ 21.3%Median Household Income (ACS): $77,719 ▲ 4.0%Cost-Burdened Renters (ACS): 45,646,491 ▲ 0.9%Housing Affordability Index: 113.7 Index ▼ 3.2%30-Year Fixed Mortgage Rate: 6.23 % ▼ 1.1%Multi-Family Starts (5+ Units): 524.0 K Units ▲ 29.1%Total Completions: 1,527.0 K Units ▲ 4.8%
Last refreshed: April 26, 2026 at 9:57 AM UTC  •  FRED cached 12hrs • HUD FMR & ACS cached 24hrs (annual)Sources: HUD USER API • Census ACS API • FRED (BLS, Census, FHLMC, NAR)
● Denotes series fetched directly from HUD USER API or Census ACS API — not via FRED
RENT INFLATION (CPI)
Rent of Primary Residence CPI
442.9 Index
▲ 0.2% MoMBLS
As of Mar 2026
Owners' Equivalent Rent CPI
437.1 Index
▲ 0.3% MoMBLS
As of Mar 2026
Housing CPI (All Items)
354.9 Index
▲ 0.3% MoMBLS
As of Mar 2026
Shelter CPI
424.1 Index
▲ 0.3% MoMBLS
As of Mar 2026
HUD FAIR MARKET RENTS (NATIONAL)
FMR — Efficiency (Studio)
Unavailable
— N/AHUD ●
As of Oct 2026
FMR — 1 Bedroom
Unavailable
— N/AHUD ●
As of Oct 2026
FMR — 2 Bedrooms
Unavailable
— N/AHUD ●
As of Oct 2026
FMR — 3 Bedrooms
Unavailable
— N/AHUD ●
As of Oct 2026
VACANCY & SUPPLY
Rental Vacancy Rate
1.2 %
▲ 0.0% MoMCensus
As of Oct 2025
Renter-Occupied Rate
7.2 %
▲ 1.4% MoMCensus
As of Oct 2025
Median Gross Rent Paid (ACS)
$1,406
▲ 8.2% MoMACS ●
As of Jan 2023
Months Supply — New Homes
9.7 Months
▲ 21.3% MoMCensus
As of Jan 2026
AFFORDABILITY & INCOME
Median Household Income (ACS)
$77,719
▲ 4.0% MoMACS ●
As of Jan 2023
Cost-Burdened Renters (ACS)
45,646,491
▲ 0.9% MoMACS ●
As of Jan 2023
Housing Affordability Index
113.7 Index
▼ 3.2% MoMNAR
As of Mar 2026
30-Year Fixed Mortgage Rate
6.23 %
▼ 1.1% MoMFHLMC
As of Apr 2026
MULTIFAMILY CONSTRUCTION
Multi-Family Permits
Unavailable
— N/ACensus
Multi-Family Starts (5+ Units)
524.0 K Units
▲ 29.1% MoMCensus
As of Jan 2026
Total Completions
1,527.0 K Units
▲ 4.8% MoMCensus
As of Jan 2026
● = Direct API feed (HUD USER Fair Market Rents API or U.S. Census Bureau ACS 1-Year API). FMR = HUD Fair Market Rent at 40th percentile of gross rents for recent movers. MoM = Month-over-Month • CPI = Consumer Price Index • SAAR = Seasonally Adjusted Annual Rate. Sources: HUD Office of Policy Development & Research (PD&R), U.S. Census Bureau ACS, Bureau of Labor Statistics (BLS), Freddie Mac (FHLMC), National Association of Realtors (NAR) via FRED. All data is public domain.