New data shows Rent Growth Slows Most for Older, More Affordable Housing Units

A recent study by The Pew Charitable Trusts highlights how new housing developments have significantly impacted rent growth, particularly for older, more affordable units. The report, published on July 31, 2025, reveals that increased housing supply helps to stabilize rent prices, providing relief to renters in older properties who are often more financially vulnerable. As urban areas expand with new construction, these older units benefit from reduced pressure on inflation and rising demand. The findings suggest that strategic development can help alleviate the housing crisis by keeping rents manageable across various types of accommodations. This insight is crucial as policymakers seek to address affordability issues while encouraging sustainable community growth. The report underscores the importance of balanced urban planning to ensure that affordable housing remains accessible and that communities can grow economically without pricing out lower-income residents.

The Pew Charitable Trusts