Property Management News
Rents are still rising nationwide, but at a slower pace than in years past. Plus, income is now growing at a faster pace and the slowdown is relieving some renters of their worst financial pressures and enabling them to pay for other necessities like groceries and gas or to build savings for down payments on a house. Even though the typical asking rent in March rose 1.8% year-over-year to $1,910. That was the slowest annual increase since 2020, according to Zillow’s March 2026 rental market report. Month-over-month, the increase was 0.5%. Single-family rents rose on an annual basis in all 50 largest metros by 2.5%, the lowest Zillow has ever recorded. However, prices fell in... Read more
Incomes are rising faster than rents nationwide, putting an extra $193 a month back in renters’ pockets The typical U.S. asking rent was $1,910 in March, up 1.8%...
KEY TAKEAWAYS Two-bedroom apartments posted the largest year-over-year rent decline at 1.7%. Overall multifamily rents have fallen for over 30 consecutive months...
Residents are gaining more than a place to live at Arbor 515 in Salt Lake City. The new development—a conversion of a former office building—provides 96 affordable...
KEY TAKEAWAYS Rental demand slowed in late 2025, with a record number of cost-burdened households. Asking rents have flattened or declined in most regions, especially...
Demand for multifamily units continues to grow. But at the same time, a growing number of renters are struggling to afford the monthly cost of these units. Apartment List last month reported that as of 2024 22.2 million U.S. renter households were considered cost burdened. This means that they spent more than 30% of their monthly income on rent. That 22.2 million renters equaled 51.8% of all renter households in the United States. Some renters face even greater financial challenges. Apartment List reported that 11.2 million renter households in 2024 spent more than half of their income on rent, making them severely cost-burdened. The percentage of cost-burdened renter households reached a... Read more
A New York appeals court struck down a state law banning discrimination against tenants who use Section 8 vouchers, ruling that the 2019 source-of-income protections...
Despite a recent softening in rents for new leases and a cooling construction pipeline, rental housing in the US remains unaffordable for households across the income...
KEY TAKEAWYS Utility costs fell from 11–12% of multifamily rent in the mid-2000s to 8.8% by 2020. US shale boom and lower natural gas prices reduced utility...
KEY TAKEAWAYS Atlanta remains a highly localized rental market, with over 77% of searches staying within the metro area, signaling strong regional retention. New York,...
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