Property Management News

What Is an Efficiency Apartment?

Sometimes living within your means requires making the most of every inch of your space. One way to do that? Renting an efficiency apartment. But what is an efficiency apartment exactly? Here, we unpack what makes an efficiency apartment unique, outline its key features, compare it with a studio, and walk you through the building amenities you might find. Keep reading to see if an efficiency apartment checks all your boxes. What Is an Efficiency Apartment? An efficiency apartment is a self-contained living space. It is a single room that includes a kitchenette, a bathroom, and other essential areas. Even seasoned property management personnel sometimes swaps the terms. But there’s more... Read more

If you’re apartment hunting in a busy city, you might bump into something called a railroad apartment. The name may sound unusual, but these units are actually quite...

With rising housing costs and a growing demand for minimalist, eco-friendly living, many people are choosing smaller spaces that maximize efficiency while sacrificing...

Remote work, steep mortgage rates and new types of rental properties are fueling demand far from urban downtowns. Renting is taking off in the suburbs as homeownership...

A new industry report on renter delinquency trends paints a starker picture of the multifamily sector in 2025 than was suggested here last month. Produced by J Turner...

Apartment Concessions Shrink in Reach But Deepen...

Apartment concessions rise in value despite fewer units offering them, as supply pressure impacts the multifamily rental market. Key Takeaways Only 12% of stabilized conventional apartment units are currently offering concessions, down from recent years, but average discounts have increased to 9.3%—equivalent to about 30+ days of free rent. Unlike the 2008–2009 recession, today’s concessions are driven by heavy supply volumes, not weak demand. National apartment deliveries are expected to drop 25% in 2025 compared to 2024, potentially reducing the need for incentives if demand holds strong. Seasonal fluctuations remain, with concessions expected to rise into fall and winter,... Read more

If you are a landlord or renter involved with military service members, it’s essential to understand the unique housing challenges and opportunities they face....

When most new investors think about getting into real estate, they picture buying a single-family home or maybe a small multifamily property. But with home prices...

Imagine living in (or renting out) an apartment where rent doesn’t jump hundreds of dollars each year. The price stays steady, the lease keeps renewing, and tenants...

The median U.S. asking rent dropped 1% year over year to $1,633 in May as elevated apartment supply gave renters room to negotiate. Asking rents fell fastest in...