Property Management News
KEY TAKEAWAYS US average apartment rents rose 0.1% in June, with San Francisco leading among major metro areas at 0.7% monthly growth. The national average rent reached $1,742, while annualized gains slowed to 0.8%, down from 1.2% a year prior. Surging supply still pressures rents, especially in the South and Mountain regions, while tech-heavy Bay Area markets outperform. Subdued Spring Caps Sluggish Growth The apartment market ended the spring leasing season on a muted note, as US rents inched up an average of 0.1% in June, per CoStar Analytics. This modest increase lifted national average rents to $1,742, up just $2 from May’s revised $1,740. Despite seasonal expectations for... Read more
Key Takeaways On-time payments came in at 83.8% in June, little changed from May’s revised estimate of 83.9%, suggesting that the recent recovery in rent...
Tenants at apartment complexes operated by Greystar, the largest owner and manager of apartments in the US, don’t just pay rent. They pay a mass of fees that many...
KEY TAKEAWAYS US apartment occupancy reached 95.5% in May 2026, extending a five-month recovery that has lifted occupancy 90 basis points since year-end 2025. Rent...
Key Takeaways On-time payments came in at 83.8% in June, little changed from May’s revised estimate of 83.9%, suggesting that the recent recovery in rent...
New York City Mayor Zohran Mamdani barreled into City Hall vowing to tackle the city’s notoriously high cost of living, partly by fulfilling a campaign promise repeated with almost monomaniacal zeal in social media ads, speeches and rallies: “As your next mayor, I will freeze your rent.” On Thursday evening, a board he controls made good on that signature pledge. The city’s Rent Guidelines Board, an independent panel of mayoral appointees, approved a rent freeze covering both one-year and two-year leases for people living in about 1 million rent-stabilized apartments. The vote, while expected, is a big win for Mamdani, allowing him to beat back skepticism over his ability to deliver... Read more
The supply-and-demand setup in the Chicago metro is as good as it has been in a decade, says Galen Faurot-Pigeon, industry principal, multifamily, for Real Estate...
A new renter majority is taking shape across the U.S., and it is forcing multifamily owners to rethink everything from site selection to amenity packages as...
The national median rent increased by 0.5% in May, and now stands at $1,379. This marks the fourth straight monthly increase, as the market enters the busy summer...
What Happened: Consumer prices rose 0.5% month-over-month in May, according to the Bureau of Labor Statistics, easing slightly from a 0.6% gain in April. On a 12-month...
Accessibility