Fifteen metros in one table: HUD FY2027 2-bedroom rent, vacancy, year-over-year change, and cap rate. The 100 largest metropolitan areas are on Markets.
Metros covered
n/a
15 prebuilt city reports
Median rent (2BR, weighted)
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HUD FMR + CPI
Avg vacancy
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across covered metros
Avg YoY rent growth
n/a
across covered metros
Metro
Tier
Median 2BR
YoY
Vacancy
Cap rate
Rent values are HUD FY2027 FMR aged forward from 2026-10-01 with BLS CPI Shelter (3.2% YoY, July 2026).
Vacancy and YoY are estimated 2024-Q4 blends of public datasets. Cap rate is the metro-tier mid-band.