{"id":953671,"date":"2026-04-22T09:03:04","date_gmt":"2026-04-22T13:03:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026\/"},"modified":"2026-04-22T09:03:04","modified_gmt":"2026-04-22T13:03:04","slug":"u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026\/","title":{"rendered":"U.S. Retail Asking Rent Growth Moderates in the First Quarter of 2026"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>U.S. Retail Asking Rent Growth Moderates in the First Quarter of 2026<\/b><\/p>\n<p>ARLINGTON, Va.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nU.S. retail asking rent growth moderated in the first quarter of 2026, according to data from <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.costargroup.com%2F&amp;esheet=54519711&amp;newsitemid=20260422634773&amp;lan=en-US&amp;anchor=CoStar&amp;index=1&amp;md5=2c363d9571dbe4dcd546c6cf81f7dcdb\">CoStar<\/a>, the leading global provider of online real estate marketplaces, information and analytics in the property markets.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260422634773\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260422634773\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260422634773\/en\/2780674\/4\/Rent_Growth_Q1_PR_image_1.jpg\" alt=\"Rent growth has slowed to lowest level in over a decade\" \/><\/p>\n<p style=\"font-size:85%\">Rent growth has slowed to lowest level in over a decade<\/p>\n<\/div>\n<p>\nIn Q1 2026, U.S. retail asking rent growth slowed to +1.9% year over year, extending a downward trend that began in 2024.<\/p>\n<p>\n\u201cWhile U.S. retail fundamentals remain healthy, a slight loosening in vacancy alongside moderating tenant sales growth has reduced landlords\u2019 ability to push rents at the pace seen immediately after the pandemic,\u201d said Brandon Svec, national director of retail analytics at CoStar Group. \u201cThis slowdown is less of a sign of weakening demand than a function of normalization. As sales growth has leveled out across most retail segments, occupancy costs have risen back to pre-pandemic norms. With rent-to-sales ratios now more closely aligned with historical averages, and operating costs and interest rates remaining elevated, tenants have become more resistant to additional rent pressure, particularly in discretionary categories. As a result, asking rent growth has moderated even as leasing activity and occupancy remain relatively strong.\u201d<\/p>\n<p>\nThe asking rent growth deceleration is evident across most major markets, though performance continues to vary by region. Several Sun Belt markets that led rent growth earlier in the cycle, including Phoenix, Orlando, Atlanta, and Charlotte, still posted solid year-over-year gains at the end of the first quarter, but growth rates have clearly slowed as asking rents reset to higher plateaus.<\/p>\n<p>\nIn contrast, Midwestern markets are showing renewed momentum. Minneapolis posted the strongest year-over-year rent gains nationally, at 6.9%, with Columbus, Milwaukee, Cincinnati, Kansas City, and St. Louis also ranking among the better\u2011performing markets.<\/p>\n<p>\nRead the full analysis <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.costar.com%2Farticle%2F1191120441%2Fretail-rent-growth-slows-to-lowest-pace-since-2014&amp;esheet=54519711&amp;newsitemid=20260422634773&amp;lan=en-US&amp;anchor=here&amp;index=2&amp;md5=8ad455306406e2371c06bb66ce4dcbf3\">here<\/a>.<\/p>\n<p>\nFor more information about the company and its products and services, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.costargroup.com&amp;esheet=54519711&amp;newsitemid=20260422634773&amp;lan=en-US&amp;anchor=costargroup.com&amp;index=3&amp;md5=b79f8725d07828746645a2a044c0a1b3\">costargroup.com<\/a>.<\/p>\n<p><b><span class=\"bwuline\">About CoStar Group<br \/>\n<br \/><\/span><\/b>CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world\u2019s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.<\/p>\n<p>\nCoStar Group\u2019s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia\u2019s leading property marketplaces. CoStar Group\u2019s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.<\/p>\n<p>\nCoStar Group\u2019s websites attracted over 139 million average monthly unique visitors in the fourth quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fnam04.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.costargroup.com%252F%26data%3D05%257C02%257Ckcapova%2540str.com%257C5c7d5fa16d1f492b629108dd711cdcdd%257C9a64e7ca363f441c9aa74f85977c09f1%257C0%257C0%257C638791090977538834%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DzTGAkD6jkqwLHG5sxi4cxjyWf4Kr6%252Fa1GJmsgxQJhCo%253D%26reserved%3D0&amp;esheet=54519711&amp;newsitemid=20260422634773&amp;lan=en-US&amp;anchor=CoStarGroup.com&amp;index=4&amp;md5=8984e5d9ab115c3226c03ec08373c7dd\">CoStarGroup.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260422634773r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260422634773\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260422634773\/en\/<\/a><\/span><\/p>\n<p><b>News Media Contacts<br \/>\n<\/b><br \/>Haley Luther<br \/>\n<br \/>Senior Communications Manager<br \/>\n<br \/>(216) 278-0627<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:hluther@costar.com\">hluther@costar.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Virginia United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Commercial Building &amp; Real Estate Technology Construction &amp; Property Other Retail Communications Professional Services Software Digital Marketing Data Analytics Retail<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260422634773\/en\/2780674\/3\/Rent_Growth_Q1_PR_image_1.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Rent growth has slowed to lowest level in over a decade<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260422634773\/en\/2780675\/3\/Rent_Growth_Q1_PR_image_2.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Midwestern markets seeing stronger rent growth<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260422634773\/en\/2780671\/3\/costar-brand-thumbnail-V1.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>U.S. Retail Asking Rent Growth Moderates in the First Quarter of 2026 ARLINGTON, Va.&#8211;(BUSINESS WIRE)&#8211; U.S. retail asking rent growth moderated in the first quarter of 2026, according to data from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260422634773\/en\/ Rent growth has slowed to lowest level in over a decade In Q1 2026, U.S. retail asking rent growth slowed to +1.9% year over year, extending a downward trend that began in 2024. \u201cWhile U.S. retail fundamentals remain healthy, a slight loosening in vacancy alongside moderating tenant sales growth has reduced landlords\u2019 ability to push rents at the pace seen immediately &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;U.S. Retail Asking Rent Growth Moderates in the First Quarter of 2026&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-953671","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>U.S. Retail Asking Rent Growth Moderates in the First Quarter of 2026 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. Retail Asking Rent Growth Moderates in the First Quarter of 2026 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"U.S. Retail Asking Rent Growth Moderates in the First Quarter of 2026 ARLINGTON, Va.&#8211;(BUSINESS WIRE)&#8211; U.S. retail asking rent growth moderated in the first quarter of 2026, according to data from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260422634773\/en\/ Rent growth has slowed to lowest level in over a decade In Q1 2026, U.S. retail asking rent growth slowed to +1.9% year over year, extending a downward trend that began in 2024. \u201cWhile U.S. retail fundamentals remain healthy, a slight loosening in vacancy alongside moderating tenant sales growth has reduced landlords\u2019 ability to push rents at the pace seen immediately &hellip; Continue reading &quot;U.S. Retail Asking Rent Growth Moderates in the First Quarter of 2026&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-22T13:03:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20260422634773\/en\/2780674\/4\/Rent_Growth_Q1_PR_image_1.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"U.S. Retail Asking Rent Growth Moderates in the First Quarter of 2026\",\"datePublished\":\"2026-04-22T13:03:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026\\\/\"},\"wordCount\":654,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20260422634773\\\/en\\\/2780674\\\/4\\\/Rent_Growth_Q1_PR_image_1.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026\\\/\",\"name\":\"U.S. Retail Asking Rent Growth Moderates in the First Quarter of 2026 - 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This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260422634773\/en\/ Rent growth has slowed to lowest level in over a decade In Q1 2026, U.S. retail asking rent growth slowed to +1.9% year over year, extending a downward trend that began in 2024. \u201cWhile U.S. retail fundamentals remain healthy, a slight loosening in vacancy alongside moderating tenant sales growth has reduced landlords\u2019 ability to push rents at the pace seen immediately &hellip; Continue reading \"U.S. Retail Asking Rent Growth Moderates in the First Quarter of 2026\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026\/","og_site_name":"Market Newsdesk","article_published_time":"2026-04-22T13:03:04+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20260422634773\/en\/2780674\/4\/Rent_Growth_Q1_PR_image_1.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"U.S. Retail Asking Rent Growth Moderates in the First Quarter of 2026","datePublished":"2026-04-22T13:03:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026\/"},"wordCount":654,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20260422634773\/en\/2780674\/4\/Rent_Growth_Q1_PR_image_1.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-retail-asking-rent-growth-moderates-in-the-first-quarter-of-2026\/","name":"U.S. Retail Asking Rent Growth Moderates in the First Quarter of 2026 - 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