Key Findings from the 2025 Zillow Rentals Consumer Housing Trends Report
The latest Zillow report highlights several critical shifts in the rental landscape:1. Renters Are More Budget-Conscious Than Ever
In 2024, economic pressures—including inflation, high interest rates, and increased cost-of-living expenses—caused many renters to tighten their budgets. The report found that more renters are prioritizing affordability over luxury, looking for properties that offer value rather than high-end amenities. With this in mind, transparent pricing and avoiding hidden fees have become more critical than ever. At Middleton Street Property Management, we make sure all our listings clearly outline costs upfront. There are no hidden fees, and we help our property owners set competitive rental rates based on the latest market conditions.2. Renters Are Delaying Home Purchases
With mortgage rates remaining high, many renters who previously planned to transition into homeownership are continuing to rent. This has led to longer lease terms, increased demand for high-quality rentals, and greater competition for well-maintained properties. To accommodate this, we work closely with property owners to keep rental properties in top condition, ensuring they remain attractive to long-term tenants. We also help investors navigate the shifting market so they can make informed decisions about expanding their rental portfolios.3. Digital Tools Are Essential in the Renting Process
The report highlights how technology has transformed the rental experience. Renters now expect to be able to:- Search for and apply for properties online 24/7.
- Schedule and conduct self-guided tours at their convenience.
- Sign leases digitally without the hassle of paperwork.