Metro Rent & Home Values the 50 largest metros, ranked by rent inflation

Zillow observed rent (ZORI) and home value (ZHVI) for the 50 largest US metros. The connector already downloads every metro row — most trackers, including nowflation, keep only the national line. Ranked by year-over-year rent, so the metros leading shelter inflation sit on top.

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National rent (ZORI)
$1,948
+2.5% YoY · Aug 2026
National home value (ZHVI)
$368,697
+1.2% YoY · Aug 2026
Metros tracked
50
Zillow MSAs by population, from 2018
MetroRent /moRent YoY24-mo trendHome valueHome YoYAs of
San Francisco, CA$3,409+10.8%$1,123,193+2.3%Aug 2026
San Jose, CA$3,815+7.6%$1,527,731+0.2%Aug 2026
Virginia Beach, VA$1,891+6.6%$373,040+2.9%Aug 2026
Milwaukee, WI$1,563+5.0%$388,845+5.4%Aug 2026
Chicago, IL$2,210+4.9%$357,265+4.9%Aug 2026
Cleveland, OH$1,454+4.5%$253,678+3.9%Aug 2026
Providence, RI$2,167+4.3%$525,363+3.6%Aug 2026
New York, NY$3,615+4.2%$735,075+4.7%Aug 2026
St. Louis, MO$1,443+3.9%$275,704+3.4%Aug 2026
Detroit, MI$1,524+3.8%$267,167+2.1%Aug 2026
Kansas City, MO$1,529+3.6%$327,320+3.7%Aug 2026
Philadelphia, PA$1,911+3.5%$389,524+2.5%Aug 2026
Minneapolis, MN$1,719+3.5%$388,865+1.8%Aug 2026
Buffalo, NY$1,449+3.5%$291,683+4.1%Aug 2026
Pittsburgh, PA$1,469+3.4%$232,122+0.2%Aug 2026
Indianapolis, IN$1,552+3.3%$293,506+1.1%Aug 2026
Hartford, CT$2,034+3.2%$402,457+5.3%Aug 2026
Riverside, CA$2,541+2.8%$581,454+0.2%Aug 2026
Cincinnati, OH$1,522+2.6%$308,426+2.4%Aug 2026
Baltimore, MD$1,948+2.6%$400,263+0.6%Aug 2026
Columbus, OH$1,522+2.6%$330,327+1.4%Aug 2026
Richmond, VA$1,729+2.5%$394,521+2.6%Aug 2026
Boston, MA$3,074+2.4%$733,574+2.1%Aug 2026
Oklahoma City, OK$1,388+2.3%$245,317+1.1%Aug 2026
Atlanta, GA$1,853+2.0%$377,428−1.6%Aug 2026
San Diego, CA$2,994+2.0%$930,785+0.5%Aug 2026
Birmingham, AL$1,433+2.0%$262,563+2.4%Aug 2026
Jacksonville, FL$1,696+1.8%$350,783−0.5%Aug 2026
Sacramento, CA$2,282+1.7%$574,820−0.3%Aug 2026
Seattle, WA$2,278+1.7%$727,359−1.5%Aug 2026
Louisville, KY$1,348+1.6%$280,129+1.5%Aug 2026
Miami, FL$2,666+1.6%$475,830−0.5%Aug 2026
Los Angeles, CA$2,941+1.6%$952,601+1.2%Aug 2026
New Orleans, LA$1,598+1.4%$261,002+2.1%Aug 2026
Memphis, TN$1,400+1.0%$244,737+0.1%Aug 2026
Charlotte, NC$1,749+1.0%$384,458−0.5%Aug 2026
Nashville, TN$1,813+0.8%$452,186−0.6%Aug 2026
Raleigh, NC$1,675+0.8%$431,269−1.8%Aug 2026
Washington, DC$2,433+0.8%$573,336+0.2%Aug 2026
Phoenix, AZ$1,722+0.7%$442,078−1.2%Aug 2026
Orlando, FL$1,942+0.7%$383,445−1.8%Aug 2026
Portland, OR$1,818+0.6%$542,843−0.4%Aug 2026
Salt Lake City, UT$1,641+0.5%$560,068+1.3%Aug 2026
Dallas, TX$1,660+0.4%$360,437−2.3%Aug 2026
Las Vegas, NV$1,742+0.1%$423,983−2.7%Aug 2026
Houston, TX$1,6430.0%$305,001−1.9%Aug 2026
Austin, TX$1,6220.0%$417,977−4.7%Aug 2026
Tampa, FL$2,001−0.1%$358,706−1.5%Aug 2026
Denver, CO$1,922−0.6%$559,705−1.9%Aug 2026
San Antonio, TX$1,422−1.3%$276,747−1.9%Aug 2026

Source: Zillow Research (ZORI, ZHVI), smoothed, seasonally adjusted, rebased to first-of-month. Year-over-year is each metro's own latest month against the same month a year earlier; the sparkline traces the last 24 months of that rent-YoY reading. Red = accelerating rent, green = cooling. No live blend — these are the published Zillow series verbatim.