Preference for Detached Properties Pushes Single-Family Rents Higher

U.S. single-family rent growth increased 7.5% in June 2021, the fastest year-over-year increase since at least January 2005 [1] , according to the CoreLogic Single-Family Rent Index   (SFRI). The index measures rent changes among single-family rental homes, including condominiums, using a repeat-rent analysis to measure the same rental properties over time. The June 2021 increase was more than five times the June 2020 increase, and while the index slowed to a post-pandemic low last June, rent growth is running well above pre-pandemic levels when compared with 2019.

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