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US apartment rents drop in steepest November decline in more than 15 years

'Seasonal trends have been more severe this year,’ Apartments.com report finds
Las Vegas led the nation with the steepest monthly decline in November. (Claudiu Varzaru/CoStar)
Las Vegas led the nation with the steepest monthly decline in November. (Claudiu Varzaru/CoStar)
CoStar News
December 8, 2025 | 4:09 P.M.

Monthly apartment rent growth in the United States declined last month in its largest November drop in more than 15 years as an oversupply of units affects all parts of the country.

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