买不起房的人挤向租房：全美典型租金涨至1,932美元，年涨2.7%为去年4月以来最快
西雅图10月11日——据Zillow 9月市场报告，全美典型租金同比上涨2.7%至每月1,932美元（Zillow观察租金指数ZORI口径），为2025年4月以来最大年涨幅。租金年增速已连续自4月以来逐月加快，且多户公寓与独栋出租房源同步上涨，涨势具有普遍性。
Zillow把租金加速与购房市场退潮直接关联：当30年期房贷利率站上7.28%、典型月供同比贵6.7%时，大量潜在买家推迟购房计划、延长租房周期，租赁需求随之抬升。同期购房端新签约量同比降8.5%、成交量同比降2.5%，一退一进之间，住房成本的总压力并未消失，只是从月供转移到了租金。
对在美华人家庭而言，这组数据的现实落点在续租谈判与租购决策的时间轴：租金年涨近3%意味着「再租一年等等看」的持有成本也在上升。是否提前锁定房贷利率，取决于对利率路径与家庭现金流的判断；Zillow与Redfin的月度报告均提供分都市区的租金与房价分项，可按所在城市逐项核对后再做决定。
租赁供给端的一个变量是新建多户住宅的交付节奏：前两年开工高峰的公寓项目正陆续交付，在部分阳光带都市圈形成了与租金上涨相反的局部宽松。全国均值掩盖了这种分化——查本地数据时，应同时看租金中位数与空置率两个指标，单看其一容易误判所在城市的真实租务市场。
信息来源：Zillow 9月市场报告（10月6日发布）租金部分。
图片来源：Apartment Building — Jason Pratt / CC BY 2.0 (via Openverse)
Priced-Out Buyers Turn to Renting: Typical U.S. Rent Hits $1,932, Up 2.7% in Fastest Rise Since April 2025
SEATTLE, Oct. 11 — The typical U.S. rent rose 2.7% from a year earlier to $1,932 a month on the Zillow Observed Rent Index, the biggest annual gain since April 2025, according to Zillow's September Market Report. Annual rent growth has accelerated every month since April and is widespread, rising for both multifamily and single-family homes.
Zillow ties the acceleration directly to the for-sale market's retreat: with the 30-year mortgage average at 7.28% and the typical payment up 6.7% year over year, would-be buyers are postponing purchases and extending their renting years, lifting rental demand. Over the same period, newly pending sales fell 8.5% and closings 2.5% year over year — the housing cost pressure has not disappeared, it has moved from mortgage payments to rent checks.
For households weighing another year of renting, a near-3% annual rent rise is itself a rising holding cost. Zillow and Redfin both publish metro-level rent and price breakdowns, which families can check for their own city before deciding whether to keep waiting or lock a rate.
One supply-side variable is the delivery pace of multifamily construction: apartment projects started in the peak building years are now completing, creating pockets of softness in some Sun Belt metros that run against the national rent rise. The national average hides this split — when checking a local market, read median rent and vacancy together, since either figure alone can mislead.
Source: Zillow September Market Report, rental section, released Oct. 6.
Photo: Apartment Building — Jason Pratt / CC BY 2.0 (via Openverse)
图片来源：Apartment Building — Jason Pratt / CC BY 2.0 (via Openverse)
