Rent Growth Tracker

Year-over-year rent change by metro, plus 12-month forward projections built on BLS CPI Shelter and ApartmentList national index.

This tool is in preview.

Available in the Pro tier launching 2025. Free preview of the methodology and sample data below. The methodology below reflects what will ship — we're publishing the approach openly so users can audit it.

Get notified when it ships →

What it does

Pull a 5-year rent trend chart for any metro, see the current YoY change, and project the next 12 months using BLS Shelter CPI as the macro anchor. Flags markets where growth is decelerating below the national average.

Why it matters

Rent growth is the single biggest variable in a multi-year landlord IRR. A market that grew 10% in 2022 may grow -2% in 2024. Backward-looking averages mislead — the trend trajectory matters more than the snapshot.

Data sources

BLS CPI Shelter (public, monthly), ApartmentList national rent report (public, monthly), Zillow ZORI (estimated). RentalAnalytics blends the three to produce metro-level smoothed series.

In the meantime

The three live calculators cover the most common landlord workflows:

Rent Estimator — market rent by ZIP, bedrooms, property type.
Cap Rate Calculator — NOI, cap rate, metro benchmark, cash-on-cash.
Cash Flow Analyzer — full P&L, break-even occupancy, printable report.

Or grab the data directly from our LandlordIQ MCP API.