Zillow: Typical US asking rent rises to $1,965 in June, up 2.2% y/y

• Zillow rental market analysis showed typical U.S. asking rent at USD 1,965 in June, up 2.2% year over year.
• Concessions stayed widespread: 39.7% of listings offered incentives, up from 35.2% a year earlier.
• Supply-heavy Sun Belt metros kept pricing pressure muted; Charlotte, Denver, Dallas posted concession shares near two-thirds.
• High-cost coastal markets tightened; San Francisco rents rose 8.2% to USD 3,301, with 24.9% of listings offering concessions.
• Zillow expects gradual tightening as new apartment completions slow; 2026 forecasts call for single-family rents up 3.1%, multifamily up 2%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zillow Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607230800PR_NEWS_USPR_____SF10629) on July 23, 2026, and is solely responsible for the information contained therein.