Property Management News
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 finds. An analysis from the policy group New York Housing Conference shows owners of government-subsidized, or “affordable,” housing filed more than a third of city’s roughly 120,000 eviction lawsuits in 2024 — often as a way to pressure tenants into paying back rent or to compel the city to intervene with aid. Rents for the apartments are capped for low- and middle-income tenants in exchange for property tax breaks, low-interest financing or other funding, The vast majority of the 43,000 eviction filings were for nonpayment of... Read more
The U.S. rental market has officially tipped in favor of tenants and turned renter-friendly as the vacancy rate has climbed to 7.6% across the 50 largest...
At the first sign of vacancy troubles, apartment operators often react by running a community-wide rent special. Here’s the problem: Broad specials, where every...
While early 2026 brought lower monthly housing costs and higher vacancy rates to many major metros, renters in a select few affordable, job-packed hubs are seeing...
There’s little sign yet that rent concessions are on their way out. Instead, January data showed they have reached their highest monthly level since mid-2014 –...
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,...
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