Rents Rebound in AI Hubs and Affordable Alternatives: Realtor.com® September Rent Report
Realtor.com's September 2026 Rent Report shows the national median asking rent fell 0.4% year over year to $1,694, the 38th consecutive monthly decline but the slowest pace in three years. Bay Area rents are rebounding on AI-driven job growth, with San Jose up 6.0% to a record $3,565 and San Francisco up 4.8% to $3,057, while concessions there have halved.
Key figures
- Rent yoy
- -0.4%
- San jose rent
- $3,565 (+6.0% YoY)
- Concession share
- 43.9%
- Decline from peak
- -4.5%
- San francisco rent
- $3,057 (+4.8% YoY)
- Rent vs prepandemic
- +14.5%
- National median asking rent
- $1,694
- Consecutive months of decline
- 38
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.