Property Management News
Apartment concession use eased in July for the second consecutive month, with 15.8% of stabilized units offering some type of discount, down 70 basis points from June, according to Realpage. Concessions remain elevated from historical rates and even the recent past, but the monthly downward shift could be an early sign that landlords are regaining pricing power. The average discount equates to nearly six weeks of free rent on a 12-month lease, with a widening divergence based on quality as concession usage falls for the highest-quality properties but rises for Class-C assets. Class-A apartments were the only segment where concession usage is down year-over-year, according to RealPage.... Read more
Rents are dropping across the Las Vegas Valley, according to a new report from Zumper. One-bedroom apartment rents dropped 18.8 percent in July year over year, the...
KEY TAKEAWAYS Apartment List put the August 2026 national median rent at $1,390, just $5 below its pre-pandemic trend projection. National rent growth since 2020 has...
Renting remained less expensive than buying in every major U.S. metropolitan area in August, preserving a significant affordability advantage for rental housing...
Sky-high rental costs across the U.S. are swallowing up a large share of Americans’ paychecks in cities, as a stubborn supply shortage keeps prices...
Key Takeaways On-time payments increased to 83.2% in September, extending the rebound from the summer trough. Year-over-year collections increased 91 basis points, the strongest annual improvement since May 2023. The forecast full-payment rate rose to 96.2% in September, while the 2026 year-to-date average through July stands at 95.8%. Late-payment rates increased to 12.6% in July, remaining historically elevated despite earlier improvement in the spring. Multifamily continued to lead the recent recovery, with its on-time payment rate rising to 82.8% and further narrowing the gap with smaller rental formats. September 2026 Chandan Economics-RentRedi Rental Payment Tracker:... Read more
The Milwaukee apartment reeked of cat urine. Empty pizza boxes rose waist-high from the floor. And in a bedroom, tucked behind the door and covered in dust, hung a...
KEY TAKEAWAYS Average US apartment size rose by 13 SF in 2025, reaching 910 SF nationwide, per RentCafe/Yardi Matrix data. Southern cities, especially Tallahassee,...
Multifamily advertised rents saw slight growth in August, rising $2 to $1,173, according to Yardi Matrix’s latest report. Year-over-year growth accelerated to 0.4%,...
Key Takeaways On-time payments increased to 83.2% in August, reversing some of the summer softness recorded in recent months Year-over-year, on-time collections...
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