Analysis

Where Rents Are Rising Fastest: US Counties Ranked, Updated Monthly

Sep 21, 20263 min read

Rent growth is the number that makes a thin deal look good on paper. The tables below rank the counties where typical rent has climbed the most over the past twelve months. They rebuild themselves each month from Zillow's county rent index, so the ranking is current whenever you read it.

Counties with the fastest rent growth

Counties with at least 100,000 residents, ranked by year-over-year increase.

RankCountyTypical rentChange from a year ago
1San Francisco County, CA$4,784+26.3%
2Calcasieu Parish, LA$1,356+19.2%
3Oswego County, NY$1,384+19.1%
4Walworth County, WI$1,786+16.8%
5Linn County, IA$1,262+14.1%
6Madison County, MS$1,676+11.6%
7San Mateo County, CA$3,993+11.2%
8Hawaii County, HI$2,562+10.2%
9Clark County, OH$1,199+9.6%
10Fond du Lac County, WI$1,128+9.3%
11Santa Clara County, CA$3,817+8.6%
12Washoe County, NV$2,069+8.4%
13Potter County, TX$1,133+8.3%
14La Porte County, IN$1,202+8.2%
15Virginia Beach City, VA$2,098+8.2%
16Ada County, ID$1,984+8.2%
17Saginaw County, MI$1,055+8.1%
18Wichita County, TX$1,325+8.1%
19Marin County, CA$3,865+8.0%
20Jefferson County, NY$1,496+7.8%
21DeKalb County, IL$1,400+7.8%
22Randall County, TX$1,446+7.8%
23Chautauqua County, NY$1,078+7.8%
24Johnson County, IA$1,760+7.7%
25Ouachita Parish, LA$1,202+7.7%

September 2026 compared with the same month a year earlier, counties with at least 100,000 residents. Rent fell in 22 of the 596 counties in this group. Source: Zillow Observed Rent Index, refreshed monthly.

The largest counties with rising rents

The same ranking limited to counties with at least 500,000 residents, where the change reflects thousands of leases and not a handful of listings.

RankCountyTypical rentChange from a year ago
1San Francisco County, CA$4,784+26.3%
2San Mateo County, CA$3,993+11.2%
3Santa Clara County, CA$3,817+8.6%
4Alameda County, CA$2,956+7.5%
5Suffolk County, NY$3,352+6.7%
6Bronx County, NY$2,823+6.2%
7New York County, NY$4,779+5.8%
8Kings County, NY$3,858+5.4%
9Cook County, IL$2,228+5.3%
10Milwaukee County, WI$1,507+5.2%
11Westchester County, NY$3,097+5.2%
12Cuyahoga County, OH$1,413+5.0%
13Kent County, MI$1,602+4.8%
14Wayne County, MI$1,402+4.7%
15Providence County, RI$2,053+4.7%

September 2026 compared with the same month a year earlier, counties with at least 500,000 residents. Rent fell in 6 of the 139 counties in this group. Source: Zillow Observed Rent Index, refreshed monthly.

Why last year's rent growth is a poor forecast

A county at the top of this list is telling you what already happened. Three things tend to follow a big year.

  • Builders respond. Fast rent growth is the signal developers wait for. The new units arrive two to three years later, often all at once.
  • Tenants hit a ceiling. Rent cannot outrun local incomes for long. When rent takes a larger share of pay, renewals slow and tenants double up or leave.
  • Prices already moved. Sellers read the same data. In a county with strong rent growth, that growth is usually priced into what you pay, which leaves you needing even more growth to earn a return.

Counties that appear on this list two years running are rarer and more interesting than any single month's leaders.

How to use this list without overpaying

  1. Underwrite at 2% to 3% rent growth even here. Treat anything above that as upside you did not pay for.
  2. Check what is being built. Look up multifamily permits for the county. A large pipeline relative to the existing stock means the growth has an expiration date.
  3. Compare rent with income. The county market pages show rent alongside median income, which tells you how much room tenants have left.
  4. Buy on today's rent. Run the deal in the single family calculator or the multifamily calculator with current rent and see if it stands on its own.

For a full framework on weighing growth against yield, read cash flow vs appreciation markets and how to choose a rental market.

Rent growth and what you can charge

If you already own in one of these counties, the list is a prompt to check your own rents. A lease signed two years ago may be well under the market. Price the renewal from comparable listings, not from the county average, and weigh the increase against the cost of a vacant month. The method is in how much rent to charge.

How these rankings are built

  • Source: the Zillow Observed Rent Index for counties, covering all home types, smoothed and seasonally adjusted. Zillow publishes it monthly.
  • Comparison: the latest published month against the same month one year earlier. Counties without a reading in both months are left out.
  • Counties whose index moved more than 30% in a year are left out. In a smoothed index, a swing that large is nearly always a data revision or a thin sample and not a real market move.
  • The index tracks asking rents on listed units and is smoothed, so it lags turning points by a few months.
  • Zillow revises recent months, so positions near the bottom of the table can change between updates.

For the opposite list, see where rents are falling.

Share:

Get new articles and market updates

Investing guides and market data, straight to your inbox. Unsubscribe anytime.

Related Articles

Ready to analyze your next deal?

Our calculators help you make data-driven investment decisions in minutes.

Explore Tools