We're in a renter's market (believe it or not)

我们正处于租赁市场(信不信由你)。

The Indicator from Planet Money

2026-07-07

9 分钟
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Depends on where you live, but renters have a lot of power right now in the United States. What’s behind this trend and how might you be able to take advantage of the renters’ market at your next lease renewal. Fact checking by Sierra Juarez. Your Next Listen — Corporate landlords aren't the real villain Connect with The Indicator — Sign up for The Indicator’s brand new newsletter— Buy the Planet Money book— Find our socials, YouTube and more!— For sponsor-free episodes, subscribe to NPR+ See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy
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  • NPR.

  • If you are a longtime renter, you've had a rough go of it for a while.

  • The typical asking rent has gone up about 37 percent since before the pandemic, according to Zillow,

  • which is why it surprised us when we were talking with Zillow senior economist Cara Ng and she said this.

  • Yeah, so it's 2026 and renters, this is your year.

  • It's a renter's market right now.

  • Now, renters, before you grab your sharp knives and your leases and say that that can't possibly be true.

  • Whether or not you live in a renter's market depends on where you live.

  • This is The Indicator from Planet Money.

  • I'm Waylon Wong, and I'm here with MPR's personal finance reporter, Stephen Basaha.

  • Thank you for having me back on the pod, Waylon.

  • It is so fun to have you back, Stephen.

  • We missed you.

  • I missed being here, too.

  • And on today's show, we get to hear two vastly different renters' experiences from Nashville to Chicago

  • and learn what makes a difference between a renter's market and a renter's nightmare.

  • You guessed it.

  • Location, location, location.

  • This message comes from Capella University.

  • You know that feeling when there's a spark building inside you?