Property Management News
KEY POINTS The national median rent in January was $1,353, a drop of 1.4% compared with one year ago. The national vacancy rate was 7.3% in January, a record high on Apartment List’s index, which dates to 2017. Virginia Beach, Virginia, is seeing the fastest rent growth at 5%. Apartment rents continued their slide into the new year, as fresh supply still makes its way through the market, and landlords strive to gain pricing power over a struggling consumer. The national median rent in January was $1,353, a drop of 1.4% compared with one year ago, according to Apartment List. This is now the fourth consecutive winter with a “pronounced” offseason dip, and is the largest annual drop... Read more
“So… what’s the real rent????” This question is being asked at apartment communities all across the nation, right now. Why? Because a prospect...
For nearly half of Gen Z and millennials, a suburban home with a large yard is the dream. The reality, however, is that many are stuck renting as housing costs outpace...
Median income renters found housing a little more affordable at year-end as asking rents slipped – partly due to continuing high vacancies and concessions from...
A new survey finds rent control has negative impact on housing supply reported around the country as apartment leaders pull back from rent-controlled markets,...
For the first time in years, renters in the L.A. metro area may be catching a break. According to reporting by the Los Angeles Times, median rent across the L.A. metro area dropped to $2,167 in December, the lowest level in four years. In L.A. County, the median rent fell to $2,035, also a four-year low. The shift is being driven by a surge in new apartments and a slowdown in demand. More than 15,000 multifamily units were completed in 2025, which is an 18% increase from the year before. L.A. County’s population shrank by about 28,000 people. As a result, vacancy rates climbed to 5.3%, the highest since 2021. For some renters, the change is already showing up in their leases. East L.A.... Read more
There are plenty of reasons for the multifamily sector’s resilience. Many people are choosing to rent rather than buy a home. Mortgage interest rates are keeping some...
New York City renters are now legally entitled to clear, accessible information about whether stabilized apartments exist in their buildings. Last week, Local Law 86,...
KEY TAKEAWAYS Build-to-rent (BTR) fills a growing need as homeownership becomes less affordable. Average US mortgage payments now exceed rents by more than 50%. BTR...
KEY TAKEAWAYS Rent concessions trends are highest in Sunbelt cities, with Phoenix leading at 54% of listings offering free rent. Oversupply of luxury apartments has...
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