President Donald J. Trump is taking decisive action to alleviate the financial strain on American families grappling with soaring housing expenses, as the national median rent drops to its lowest point since 2022. Recent data reveals that rents have experienced their sixth consecutive monthly decline in January, marking the largest annual decrease in over two years—down 6.2% from the peak levels seen during the Biden administration.
“The year 2026 is shaping up to be one of the most renter-friendly periods we’ve witnessed in a decade,” asserts one real estate expert.
This trend is being felt nationwide:
- CNBC: Apartment rents have reached their lowest level in four years.
- KDVR-TV (Denver, CO): Denver’s rental market is the most affordable it has been in at least nine years, according to Zillow.
- Pittsburgh Post-Gazette (Pittsburgh, PA): Rental prices in Pittsburgh have seen a decline in 2025.
- KNXV-TV (Phoenix, AZ): A new report indicates that rental prices in Phoenix and across most U.S. markets are on the decline.
- KNSD-TV (San Diego, CA): San Diego’s rents have dipped for the first time since 2010, according to new data.
- WBZ-TV (Boston, MA): Some Massachusetts communities are experiencing a decrease in rental costs.
- Las Vegas Review-Journal (Las Vegas, NV): Both rents and gasoline prices are dropping in the Las Vegas area.
- Dayton Business Journal (Dayton, OH): Dayton renters are gaining ground as single-family rents decline.
- Erie Times-News (Erie, PA): Erie apartments for rent have seen price reductions since last December.
- Los Angeles Times (Los Angeles, CA): Los Angeles is finally experiencing a renter’s market, with rent prices dropping to a four-year low.
- Chattanooga Times Free Press (Chattanooga, TN): The median rent in Chattanooga has decreased compared to last year.
- KBOI-TV (Boise, ID): Boise’s rent is 22% below the U.S. average, having fallen 6% from peak prices.
- WSMV-TV (Nashville, TN): Nashville’s rent prices are declining, though they remain the highest in the metro area.
- South Carolina Public Radio: Rents in South Carolina are nearly back to the levels seen in 2024.
- Wichita Times Record News (Wichita Falls, TX): Apartments for rent in Wichita Falls have experienced price reductions since last December.
- ALXnow (Alexandria, VA): Alexandria’s median apartment rents have recorded their first year-over-year drop since 2020.
- The Sheboygan Press (Sheboygan, WI): Rental prices in Sheboygan have decreased since last November.
- KRQE-TV (Santa Fe, NM): The construction of additional apartment units in Santa Fe is contributing to lower rent prices citywide.
- Realtor.com: Rent prices in the Dallas-Fort Worth area are on the decline.
- CNBC: Many major U.S. cities are witnessing falling rents as we head into 2026, marking one of the most renter-friendly periods in a decade, according to experts.
This positive development for renters coincides with President Trump’s broader agenda, which has yielded multi-year-low gas prices, decreasing mortgage rates, record tax refunds, and wage growth—promising further relief to ensure all Americans can enjoy these benefits.
The progress underscores the initial effects of President Trump’s comprehensive housing strategy, which focuses on increasing supply, dismantling bureaucratic obstacles, and empowering builders to meet the growing demand. While renters are currently reaping the benefits of this approach, President Trump remains dedicated to reviving the American Dream of homeownership for all citizens, with a commitment to further reforms that enhance affordability today and pave the way for future generations to attain homeownership.
