Annual retail real estate rental growth in the U.S. 2021-2024

Published by Statista Research Department, Apr 22, 2025

Rental growth in the U.S. retail real estate sector has accelerated since 2021, with effective rents increasing faster than asking rents. In 2024, the average asking rent grew by 0.9 percent, while effective rents grew by 1.1. percent. 

Annual growth of asking and effective rent in the retail real estate market in the United States from 2021 to 2024

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Release date

January 2025

Region

United States

Survey time period

2021 to 2024; as of Q4 of each year

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