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: 445.0 Index ▲ 0.5%Owners' Equivalent Rent CPI: 439.4 Index ▲ 0.5%Housing CPI (All Items): 357.4 Index ▲ 0.7%Shelter CPI: 426.6 Index ▲ 0.6%FMR — Efficiency (Studio): $1,953 ▼ 2.9%FMR — 1 Bedroom: $2,015 ▼ 2.0%FMR — 2 Bedrooms: $2,246 ▼ 2.9%FMR — 3 Bedrooms: $2,835 ▼ 2.0%Rental Vacancy Rate: 1.1 % ▼ 8.3%Renter-Occupied Rate: 7.3 % ▲ 1.4%Median Gross Rent Paid (ACS): $1,406 ▲ 8.2%Months Supply — New Homes: 8.5 Months ▼ 6.6%Median Household Income (ACS): $77,719 ▲ 4.0%Cost-Burdened Renters (ACS): 45,646,491 ▲ 0.9%Housing Affordability Index: 110.6 Index ▼ 2.6%30-Year Fixed Mortgage Rate: 6.36 % ▼ 0.2%Multi-Family Permits: 419.0 K Units ▼ 24.9%Multi-Family Starts (5+ Units): 446.0 K Units ▲ 9.6%Total Completions: 1,366.0 K Units ▲ 0.1%Rent of Primary Residence CPI: 445.0 Index ▲ 0.5%Owners' Equivalent Rent CPI: 439.4 Index ▲ 0.5%Housing CPI (All Items): 357.4 Index ▲ 0.7%Shelter CPI: 426.6 Index ▲ 0.6%FMR — Efficiency (Studio): $1,953 ▼ 2.9%FMR — 1 Bedroom: $2,015 ▼ 2.0%FMR — 2 Bedrooms: $2,246 ▼ 2.9%FMR — 3 Bedrooms: $2,835 ▼ 2.0%Rental Vacancy Rate: 1.1 % ▼ 8.3%Renter-Occupied Rate: 7.3 % ▲ 1.4%Median Gross Rent Paid (ACS): $1,406 ▲ 8.2%Months Supply — New Homes: 8.5 Months ▼ 6.6%Median Household Income (ACS): $77,719 ▲ 4.0%Cost-Burdened Renters (ACS): 45,646,491 ▲ 0.9%Housing Affordability Index: 110.6 Index ▼ 2.6%30-Year Fixed Mortgage Rate: 6.36 % ▼ 0.2%Multi-Family Permits: 419.0 K Units ▼ 24.9%Multi-Family Starts (5+ Units): 446.0 K Units ▲ 9.6%Total Completions: 1,366.0 K Units ▲ 0.1%
Last refreshed: May 17, 2026 at 12:12 AM EDT  •  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
445.0 Index
▲ 0.5% MoMBLS
As of Apr 2026
Owners' Equivalent Rent CPI
439.4 Index
▲ 0.5% MoMBLS
As of Apr 2026
Housing CPI (All Items)
357.4 Index
▲ 0.7% MoMBLS
As of Apr 2026
Shelter CPI
426.6 Index
▲ 0.6% MoMBLS
As of Apr 2026
HUD FAIR MARKET RENTS (NATIONAL BENCHMARK)
FMR — Efficiency (Studio)
$1,953
▼ 2.9% MoMHUD ●
As of Oct 2026
FMR — 1 Bedroom
$2,015
▼ 2.0% MoMHUD ●
As of Oct 2026
FMR — 2 Bedrooms
$2,246
▼ 2.9% MoMHUD ●
As of Oct 2026
FMR — 3 Bedrooms
$2,835
▼ 2.0% MoMHUD ●
As of Oct 2026
VACANCY & SUPPLY
Rental Vacancy Rate
1.1 %
▼ 8.3% MoMCensus
As of Jan 2026
Renter-Occupied Rate
7.3 %
▲ 1.4% MoMCensus
As of Jan 2026
Median Gross Rent Paid (ACS)
$1,406
▲ 8.2% MoMACS ●
As of Jan 2023
Months Supply — New Homes
8.5 Months
▼ 6.6% MoMCensus
As of Mar 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
110.6 Index
▼ 2.6% MoMNAR
As of Apr 2026
30-Year Fixed Mortgage Rate
6.36 %
▼ 0.2% MoMFHLMC
As of May 2026
MULTIFAMILY CONSTRUCTION
Multi-Family Permits
419.0 K Units
▼ 24.9% MoMCensus
As of Mar 2026
Multi-Family Starts (5+ Units)
446.0 K Units
▲ 9.6% MoMCensus
As of Mar 2026
Total Completions
1,366.0 K Units
▲ 0.1% MoMCensus
As of Mar 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.