Property Management News
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 across major US metros. Renting remains more affordable than homeownership, with a 55% average monthly cost gap. Despite recent declines, rents remain about 17% higher than in 2019. Two-Bedroom Units See Steepest Drop The multifamily sector’s rent slide continued in March, extending beyond 30 months of annual declines, reports Globe St. Two-bedroom apartments recorded the steepest drop. Median asking rents fell 1.7% year-over-year to $1,859. This decline outpaced both studio and one-bedroom units. Meanwhile, studio rents... Read more
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...
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 spectrum, according to America’s Rental Housing 2026, a new report released today by the Joint Center for Housing Studies of Harvard University. After record rent increases during the pandemic, national rent growth hovered near zero from mid-2023 into 2025. By the fourth quarter of 2025, asking rents for professionally managed apartments declined 0.6 percent year over year, with the majority of large markets seeing either small declines or only modest growth. Vacancy rates ticked up to 5.2 percent, matching their level a... Read more
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,...
Across the United States, the gap between the cheapest and most expensive cities in a single state has become a defining feature of the rental landscape, not an...
Even New York City’s affordable housing is getting too expensive for many low-income tenants, leading to a spike in eviction filings, a new report...
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