rental market

Where tenants compete

The rental market is the collective activity of renting residential or commercial property in a given area—the available units, prevailing prices, and dynamics between landlords and tenants.

A tight rental market has few vacancies and high competition; a soft rental market favors renters.

The rental market in Austin has cooled since the pandemic.

Opposites
housing tenure type

rental marketbuyer's market

Conditions favoring purchasers

resale market

property disposition

rental marketresale market

Commerce in preowned goods

ownership vs. tenancy

rental markethomeownership

Legally possessing residential property

property ownership · private ownership

Family

market, rent, rental

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