Property Management News
More tenants living in New York City’s least expensive housing units aren’t paying their rent — a trend that risks further destabilizing the city’s affordable housing market. The uptick in rental delinquency isn’t new. It started six years ago, when the pandemic flung the city’s economy into chaos and plunged low-income New Yorkers into dire financial straits. But even as the city has rebounded, rent collection rates in affordable housing remain short of pre-pandemic levels. As costs balloon, landlords say insufficient rental income is threatening their ability to stay afloat. The issue has confounded owners and operators of these buildings, many of them nonprofits, which... Read more
Key Takeaways In expensive coastal metros, ownership is out of reach for the majority of families with young children, making renting the default for most...
Using Zillow Observed Rent Index data, this analysis compares average rent levels in the New York City metro area with the US average, tracking the percentage premium...
KEY TAKEAWAYS Class B apartments are outperforming both Class A and Class C segments due to stable demand and lower risk exposure. Class B assets benefit from strong...
Renters are getting a bit of relief as landlords offer more concessions — like free rent or waived fees — to fill units in a cooling market. Rent growth has slowed...
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...
Accessibility