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Tag Archives: apartments

Rents Fall for Fifth-Straight Month

Although completed multifamily units drove down rent prices for the fifth month in a row, short vacancy times reveal just how high demand is for these units. Here’s what the landscape looks like according to a new report.

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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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As Home Prices Rise, so Do Rents

With home prices rising, first-time buyers are looking towards renting as a more affordable option. As the demand for rentals rises, a report found that rents in some cities rose faster than the others. Which were these metros and what other factors impacted rents?

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Tight Inventory Drives Apartment Demand Sky-high

As housing inventory continues to tighten, would-be homeowners are being driven toward renting—and the apartment market is struggling to keep up. According to a new study, the U.S. will need 4.6 million new apartments by 2030 in order to keep up with demand—or 325,000 every year. About 1 million new renter households were formed every year over the last five years. This steep jump is caused, in large part, by consumers delaying housing purchases. Aging and changes in consumer sentiment have also played a role, according to experts.

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