Rental-hunting season hits fever pitch as June begins, Zillow data shows
Smart search tips to beat the competition and bag the perfect pad without overspending
- Website traffic, messages to landlords and applications on Zillow Rentals typically peak in the first week of June.
- Renter households are at a record high, and renters are far more likely to move than homeowners.
- 2025 is shaping up to be even busier than recent years, with more activity to date on Zillow Rentals.
With rental households at a record high, the 2025 rental season is shaping up to be one of the busiest yet.
"Summer is always a busy time for rentals, but it's also when the most new listings hit the market," said
A record-setting year for renters
Rental activity on Zillow is already outpacing the past two years in terms of apartment views, lease creations and rental applications, a sign that this year's peak could be even higher. A record-high 46 million households rent, and renters are nearly four times more likely to move than homeowners, according to the
Demand is up, but options abound. Zillow has more than 2 million active listings including single-family rentals, apartment units and condos, an all-time high for the platform with more listings than any other rental network.1
A construction boom added more new rental units in 2024 than in any year since the 1970s, but the wave of lease concessions used to attract tenants is starting to ebb. According to Zillow's latest Rental Market Report, the share of listings offering incentives like a free month's rent dropped from nearly 40% in March to under 35% in April.
Tips to outsmart the rush and avoid affordability potholes:
Search smarter. Move-in-date filters, pet-friendly toggles, 3D tours and interactive floor plans on Zillow Rentals streamline the search process.
Know the full cost. Zillow Rentals listings include a Costs & Fees section to break down what renters can expect to pay upfront and on a monthly basis.
Avoid budget creep. Staying within their initial budget was considered highly important by 86% of renters in a recent Zillow survey. Renters can use Zillow's Rent Affordability Calculator to determine their price range by providing factors such as monthly debts, expenses, income and savings.
Build financial momentum. Renting a room is a time-honored method of saving money, and it's easy to do on Zillow. Paying rent through Zillow can also help renters build their credit. On-time payments can be reported to Experian and Equifax at no cost, helping build credit history with every month's payment.
1 Zillow internal data on total rental properties compared to
2 New privately-owned housing units completed: Units in buildings with five or more. https://fred.stlouisfed.org/series/COMPU5MUSA
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SOURCE Zillow