Why Apartment Rents Are the Lowest in 4 Years
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 2 February 2026
⏱️ 4 minutes
🧾️ Download transcript
Summary
Discover why and where apartment rents are the lowest in 4 years.
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Transcript
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| 0:00.0 | The Wealthy and Smart episode 1619. |
| 0:03.4 | I'm going to live the rich life, |
| 0:07.0 | full than best life, yes life. |
| 0:10.8 | See if y'all know what I mean, put your hands up and declare with me, yeah, I'm full of bread, |
| 0:17.4 | I'm going to live a good life. |
| 0:21.6 | Beautiful and glorious life. |
| 0:24.6 | Step into a world of wealth and financial freedom without budgets, boredom, or bosses on Be Wealthy and Smart. |
| 0:33.6 | And now, here's your host, Linda P. Jones. |
| 0:45.0 | Welcome to Be Wealthy and Smart. I'm Linda P. Jones, America's wealth mentor, empowering women and men worldwide to financial freedom. |
| 0:50.9 | On today's show, we're going to talk about apartment rents at the lowest level in four years. |
| 1:00.0 | According to CNBC, the national median rent in January was $153, a drop of 1.4% compared with a year ago, according to data from apartment list. This is now the fourth consecutive winter with a |
| 1:06.3 | pronounced off-season dip and is the largest annual drop since September, 2023, and the lowest January |
| 1:13.3 | rent since 2022. Rents are now 6.2% lower than their last peak in the summer of 2022. The national |
| 1:22.1 | vacancy rate was 7.3% in January, a record high on apartment lists index, which dates to 2017. |
| 1:29.9 | Units are also taking an average of 41 days to get leased, four days more than in January |
| 1:35.4 | 2025, and another high for the index. Chris Salviotti, chief economist at apartment list, |
| 1:42.0 | said early last year it appeared that annual rent growth was on |
| 1:46.1 | track to flip positive for the first time since mid-2023. However, that rebound stalled out and reversed |
| 1:53.2 | course during a slow summer moving season that is now dragged into the winter. The record |
| 1:58.3 | supply of new apartment units has peaked, but there is still a good |
| 2:02.0 | amount coming through the pipeline. That is coming up against weaker demand because of a tighter |
| 2:07.0 | job market and slower household formation. Looking locally, most of the annual declines are in the |
... |
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