April 2025 Rent Check

The Rental Market Statistics Summary – April 2025 offers a snapshot of housing activity. Active listings reached 4,915, up 8.43% from the previous month and 20.55% year-over-year, indicating stronger availability. Under contract rentals rose to 940, reflecting a 14.49% monthly gain and a 23.36% increase from six months ago. Closed rentals totaled 2,046, down 9.47% from March but relatively steady compared to April 2024. New listings added 3,114 properties, while the average days on market dropped to 45, indicating faster leasing. Charts in the report further highlight rental trends by price range, price per square foot, and months of supply across different tiers, offering insight into affordability and shifting demand.