Pacific Region Posts Steepest Single-Family Rent Decline in Nation at 3.2% as Seasonal Leasing Lift Vanishes

The Pacific region recorded the sharpest single-family rent correction of any U.S. region during the first half of 2026, with median asking rents falling 3.2 percent year-over-year to $3,195, as a wave of new rental supply and aggressive leasing concessions stripped landlords of pricing power across the West Coast. The regional decline outpaced a national […]