Property Management News
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 families. The markets where ownership is least accessible are largely the same markets where renting is the most expensive, compounding financial pressures on newly formed families when resource-constrains are often highest. Renter Households with young children are the most concentrated in markets with younger overall populations, higher birth rates, and labor markets oriented toward lower-wage industries. As homeownership becomes increasingly inaccessible for many younger households, a growing share of... Read more
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...
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% year over year, according to the Zillow Observed Rent Index (ZORI). That is the slowest annual pace since 2020. Single-family rents rose 2.5% annually to $2,225, the slowest growth ever recorded in Zillow’s series. Multifamily rents rose 1.3% to $1,757. Renters are saving more than $3,000 a year in Austin ($3,182), Tampa ($3,110) and Denver ($3,002). Renters are breathing easier with income growth outpacing rent hikes, putting an extra $193 back in the typical household’s pocket each month. That’s $2,318... Read more
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...
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