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Tag Archives: RENTCafe

Record Office-to-Apartment Conversions Expected in 2024

A prominent trend in renowned U.S. metros like Washington, D.C., New York, and Dallas, a new report revealed the conversion of office buildings into living spaces is projected to surge to a new record high in 2024, having more than quadrupled in the past four years.

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Big Apple, Big Rental Demand

While the Midwest remains the most dominant region for renters nationwide, one New York borough was named the most popular location for renters, according to RentCafe's October Rental Activity Report. Click here to see which other locales topped the list.

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New Builds Offer Renters More Options Amid Competitive Market

Midwest markets were a hot spot for renters seeking more affordability during peak rental season, dominating the top half of the nation's 20 most competitive rental markets. Renters now have more options to choose from, as the national supply of apartments experienced a slight increase compared to the same time last year, according to a new RentCafe study.

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High Home Prices Fueling Peak Rental Season

According to RentCafe's August Rental Activity Report, Arlington, Virginia, is the most desired city by renters nationwide. As mortgage rates have topped 7% once again, renting remains the most affordable option for many Americans.

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