In May 2025, the national median rent fell for the 22nd consecutive month, indicating a softening rental market. Despite decreasing prices for apartments, many young adults remain living at home due to comfort and caution. This trend is significant as it may hinder their financial and personal progress. Living at home could result in missed opportunities in a changing market, as rent decrease creates options for renters willing to adapt. The generation is facing challenges as they await the ideal moment to move out.
For many young adults, waiting for the perfect time to launch could mean missing the best time. The longer they delay, the more they risk falling behind.
Nearly half of parents today have had an adult child move back in, according to a recent survey from Thrivent. Living at home is becoming a defining feature of a generation.
Asking rents have dropped nearly across the board: Studios are down 1.9% year over year, one-bedrooms down 2.3%, and two-bedrooms down 1.7%, according to the Realtor.com May 2025 Rental Report.
Rent growth is now trailing overall inflation in more than half of the nation's largest cities, something that hasn't happened consistently in years.
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