Single-family home rent growth, which had strengthened in the first half of the year, slowed notably in July, signaling potential strain on consumers, CNBC writes. Nationally, rents rose 2.3% from a year earlier, down from a 3.1% pace last summer and below the pre-pandemic 10-year average, according to Cotality. Chicago led the nation’s 10 largest metros with 5.1% annual growth, followed by New York at 3.7%, while Miami saw no increase after pandemic-era spikes. Rent gains eased across all property tiers, with high-end up 2.9% and low-end rising only 1.6%. Single-family rentals had outpaced apartments in recent years, supported by families priced out of the for-sale market, but softening growth could pressure landlords.