Property Management News
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...
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 violate landlords’ Fourth Amendment rights. The five-judge panel sided with Ithaca landlord Jason Fane, who argued that accepting Section 8 tenants would require allowing housing officials to inspect his properties without a warrant. The judges acknowledged Section 8 as a critical tool for expanding affordable housing and noted that source-of-income discrimination often serves as a proxy for other forms of bias, but ultimately concluded the law was unconstitutional on its face. Attorney General Letitia James, who sued Fane in... Read more
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...
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...
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