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According to HouseCanary, a predictive real estate analytics and insights platform, the national median rental price for a two-bedroom home was $1,561 per month in June 2018. HouseCanary regularly monitors national home prices, rental returns, and other relevant metrics, which they update in their Canary Rental Index. Here are what they determined to be the top ten most expensive states and least expensive states to rent in as of Q2 2018 (April-June 2018) based on the median rental price for a two-bedroom home.
Top 10 Most Expensive States
Top 10 Least Expensive States
Does any of this surprise you? To see the full report, visit the Q2 2018 Canary Rental Index.