In December, U.S. median rents dropped (-0.4%) for the eighth month in a row and across all-sized homes SANTA CLARA, Calif., Jan. 25, 2024 /PRNewswire/ -- The U.S. rental market experienced a noticeable shift in momentum in 2023 and closed out the year with eight straight months of year-over-year price declines, according to the Realtor.com® December Rental Report released today. While rents are overall up from pre-pandemic levels, an uptick in supply from a building boom in recent years means 2023 didn't s ...