December 2025 Rent Check

The December 2025 ARMLS Rental Market Report shows the rental market continuing its transition into a slower, more balanced environment. New rental listings declined to 2,244, while active rentals totaled 5,421, reflecting reduced inflow but sustained inventory. Closed rentals increased slightly to 2,116, indicating steady tenant demand despite the typical seasonal slowdown. Average days on market rose to 57 days, confirming that rentals are taking longer to secure tenants and that pricing and condition matter more than urgency. Rental supply remains highest in the upper price ranges, while mid-priced rentals continue to account for the largest share of closed activity. Rent prices per square foot have softened modestly across most categories, reinforcing a market where renters have more choice, and landlords must stay competitive. Overall, December’s data points to a normalized rental market heading into 2026, favoring informed strategy over rapid turnover.