--- title: "Rental Rates Continue to Rise Nationally and in Southern MD" description: "Rental rates continue to rise sharply Nationally and in Southern MD ,according to third quarter rental statistics released by the Real Property Management." url: https://realpmgold.multisites.ai/rental-rates-southern-md publisher: Real Property Management Gold phone: +1-301-392-2172 assessment: https://realpmgold.multisites.ai/contact-us#assessment --- # Rental Rates Continue to Rise Nationally and in Southern MD LocalPublished October 22, 2015Updated May 25, 20172 min read ## New Housing Statistics Show Rental Rates Continue to Rise Nationwide Rental rates across the country continue to rise sharply year-over-year, with Texas and the Pacific region seeing the highest increases, according to third quarter rental statistics released by the Real Property Management franchise, the nation’s leading property management organization, and RentRange, the nation’s leading provider of Rental Market Intelligence™. The companies found that during the third quarter of 2015, the average rental rates in the United States increased from $1,329 to $1,363, representing a 5.7 percent increase over the 2014 rate of $1,289, and a 2.5 percent increase since the [second quarter](http://www.realpropertymgt.com/2015-rental-market-analysis-for-landlords-second-quarter). The data used rents on three-bedroom single-family homes only to insure comparability across markets. > “Rental increases typically are strongest during the summer months as renters, especially those with children, avoid moving during the school year,” said Wally Charnoff, CEO of RentRange. “This summer was no exception.” Rental rates rose in all 10 regions analyzed. Texas and the Pacific region showed the greatest rises, with 8.9 percent and 8.5 percent year-over-year increases, respectively. The Midwest and mid-Atlantic areas experienced the smallest rises with 4.3 percent and 3.7 percent increases, respectively. **Rental Rates and Year-over-Year Increases of 10 U.S. Regions through the Third Quarter 2015** **REGION** **Y-o-Y Change in 3BR rent** **Median 3 BR rent ($)** Texas 8.9% 1,294 Pacific 8.5% 1,642 Northeast 8.0% 1,840 Southwest 6.3% 1,051 California 5.7% 1,956 Mountain 5.7% 1,288 Southeast 5.2% 1,021 South-Atlantic 5.2% 1,295 Midwest 4.3% 1,057 Mid-Atlantic 3.1% 1,685 > “The results of this quarter’s report provide additional evidence that rental properties are becoming more prevalent and are in strong demand,” said [Don Lawby](http://www.realpropertymgt.com/who-is-real-property-management/leadership), President of Property Management Business Solutions, LLC, the [franchisor](http://propertymanagementfranchise.com/) of Real Property Management. “Based on several economic indicators that contribute to this trend, we expect strong growth in rental prices to continue nationally through the remainder of 2015.” [![rental rates](https://realpmgold.multisites.ai/media/rpm-sm-text-728x90-3-80475f.webp)](http://www.realpropertymgt.com/find-the-nearest-real-property-manager)Steady reductions in vacancy rates, the percentage of homes considered unoccupied across the country, have accompanied rental rate increases. The national rate fell to 5.31 percent through September 30, down .24 percentage points from 2014. The Southwest region had the most stable vacancy rate at 4.18 percent, one of the lowest in the country. The report also analyzed rental saturation rates across the country. The number of single family homes that are now rentals continues to rise and is now at 24.98 percent of all single family homes, compared to 23.6 percent last year. As leaders in the rental housing industry, the [Real Property Management](http://realpropertymgt.com/) franchise and RentRange have an ongoing strategic business relationship. Real Property Management [offices](http://www.realpropertymgt.com/find-the-nearest-real-property-manager) rely on RentRange’s proprietary rental housing data to provide landlord customers with accurate, current information about local rental properties and rental markets. ## Find your local office [here](http://www.realpropertymgt.com/find-the-nearest-real-property-manager)! [![rental rates](https://realpmgold.multisites.ai/media/rpm-ifaimages-220x140-5-197da3.webp)](http://www.realpropertymgt.com/find-the-nearest-real-property-manager) ### Leave a Reply Cancel reply ## Terms on this page - [Vacancy rate](https://realpmgold.multisites.ai/glossary/vacancy-rate) First published by Real Property Management Gold on October 22, 2015. Details may have changed since then; current rules are in the [Landlord Center](https://realpmgold.multisites.ai/landlord-center). ## Keep reading - [Indian Head Rail Trail: What the 13-Mile Trail ConnectsThe Indian Head Rail Trail is a paved trail of about 13 miles that links the Town of Indian Head with the White Plains area of Charles County. It follows a former railroad corridor through the Mattawoman Creek stream valley. Owners can cite it in a listing as a fact, with the official name and a measured distance.](https://realpmgold.multisites.ai/indian-head-rail-trail) - [Calvert Cliffs Fossils: What Maryland DNR Says About the ParkMaryland DNR states that fossils of over 600 species have been found along Calvert Cliffs. Calvert Cliffs State Park sits at 10540 H. G. Trueman Road in Lusby. DNR also warns that climbing on or walking beneath the cliffs is prohibited because of landslides, and that collecting fossils beneath the cliffs is illegal.](https://realpmgold.multisites.ai/calvert-cliffs-fossils-lusby) - [Thomas Stone National Historic Site: A Port Tobacco LandmarkThe National Park Service lists Thomas Stone as a Maryland signer of the Declaration of Independence, born in 1743 and tied to Port Tobacco in Charles County. He is buried at Thomas Stone National Historic Site, which has a mailing address of 6655 Rose Hill Road, Port Tobacco. Check the park's page for hours and tours.](https://realpmgold.multisites.ai/thomas-stone-historic-site-port-tobacco) ## Ask what your home could rent for. Free. A free rental assessment from our offices in Lexington Park and Waldorf. No cost, no contract, no pressure. [Request a free assessment](https://realpmgold.multisites.ai/contact-us#assessment)[(301) 392-2172](tel:+13013922172)