The research specifically analyzed the impact of source-of-income, eviction, resident screening and state preemption laws on rent costs. The study used two distinct and separate datasets, one from CoStar Group – which included market-level data from 391 metros between 2000 and 2024 – and another from the U.S. Census Bureau’s American Community Survey (ACS), which featured 307 metros between 2005 and 2023.Some of the report’s key findings include:
Source-of-income regulations increase rents between 5.2% and 5.3%, or about $876 to $1,104 per unit annually.
Eviction laws increase rents between 5.9% and 6.3%, or about $1,092 to $1,224 per unit annually.
Resident screening laws increase rents between 1.5% and 3.4%, or about $252 to $708 per unit annually.
“If we want rent regulations to align with affordability, we need to plainly recognize the tensions between them,” said Metrosight Founder and Economist Issi Romem, Ph.D. “It is striking that we found their cost has fallen hardest on lower-income renters and residents of small apartment buildings—the very people they’re meant to support.”
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