---
title: July 2025 Rent Trends
description: ApartmentAdvisor monthly National Rent Report for July 2025, highlighting national rent trend data as well as rent price data by state and by city.
---

[Owner Resource Center ](https://partners.apartmentadvisor.com/owner-resource-center)

# [July 2025 Rent Trends](https://partners.apartmentadvisor.com/owner-resource-center/july-2025-rent-trends)

 Written by [Lilly Milman](https://partners.apartmentadvisor.com/owner-resource-center/author/lilly-milman) | Aug 5, 2025 2:31:50 PM

On Monday, August 4, we published our monthly [**National Rent Report**](https://www.apartmentadvisor.com/national-rent-report/2025/07), highlighting national rent trend data as well as rent price data by state and by city. To create this report, we analyze rent trends in 100 major U.S. cities.** **

# **Overview**

In this month’s report, we explained a few key market trends:

🔑 Rent has peaked for the year in most of the country.

🔑 Short-term rent increases are predicted to increase in Boston as a result of the broker fee ban.

🔑 Rising rent in Wyoming is shedding light on rural housing crises.

# **National Trends**

While rent trends differ from region to region, here’s what you need to know about rent prices on a national level:

### **The summer rent peak has come and gone.**

🔑 The national median rent price for a one-bedroom apartment (now $1,595) remained stable from June to July.

🔑 Our data indicates that renters can expect lower asking prices in August in most of the country ([with the exception of the Northeast, where prices typically rise through August](https://www.apartmentadvisor.com/national-rent-report/2025/06)).

🔑 The national median rent price for a one-bedroom apartment will most likely continue to drop through the end of the year.

# **Regional Trends**

In this month’s report, we dove deep into the following trend:** **

### **How will the tenant-paid broker fee ban impact Boston rent prices?**

🔑 For years, renters in [Boston](https://www.apartmentadvisor.com/market-reports/boston-ma) and [New York City](https://www.apartmentadvisor.com/market-reports/new-york-city-ny) have complained of the upfront costs of renting an apartment due to tenant-paid broker fees. With the passing of the FARE Act in NYC last year, which banned tenant-paid broker fees for agents hired by the landlord, that started to change. This summer, Boston followed suit with a ban that went into effect on August 1.

🔑 This seismic shift to the market has renters, brokers, and property owners alike wondering: What will happen to rent prices? To begin to answer that question, we looked at NYC rental data before and after the FARE Act.

🔑 In the week immediately following the enactment of the law, [rent prices in NYC jumped as much as 15% in the week following the enactment of FARE](https://nypost.com/2025/06/21/us-news/rents-jump-shocking-15-after-nyc-ditches-broker-fees/) — reflecting the 15% broker fee that got shifted from tenants to landlords. However, when looking at the MoM changes, prices stabilized shortly after — with the median price across the city even lowering in accordance with seasonal shifts in 2024.

🔑 Boston is likely to see a similar trend emerge through the rest of 2025, though prices next summer will likely be higher — mirroring what happened in NYC.

# **Rent at the State Level**

🔑 Wyoming saw the biggest MoM rent increase (+5.5%) for a one-bedroom apartment out of any state in July.

🔑 Home ownership is still out of reach for many in the state, where incomes tend to be lower. Plus, [Wyoming is experiencing a population increase](https://www.wyomingeda.org/about/news/p/item/59642/wyoming-is-experiencing-strong-population-growth-which-puts-pressure-on-the-housing-market), putting pressure on the rental market.

[To learn more about rent trends in your city and to see our methodology, read our full monthly rent report here.](https://www.apartmentadvisor.com/national-rent-report/2025/07)

[View full post](https://partners.apartmentadvisor.com/owner-resource-center/july-2025-rent-trends)

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