Apartments.com: US apartment rents slip 0.03% in August, ending eight-month rise

• CoStar’s Apartments.com report showed U.S. apartment rents slipped 0.03% in August to $1,751, ending eight straight monthly gains.
• Annual rent growth accelerated to 1.3% from a revised 1.1% in July, despite elevated new supply limiting pricing power.
• Pacific rents rose 0.1% on the month; South fell 0.2%, reflecting widening regional divergence tied to local construction pipelines.
• Major metros saw broader declines, with only 12 of the top 50 posting increases; Orlando fell 0.7%.
• Year-on-year leaders included San Francisco up 11.9%; supply-heavy markets stayed under pressure, with San Antonio down 2.2%.

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. CoStar Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260902519114) on September 02, 2026, and is solely responsible for the information contained therein.