Property Management News
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 moving season. Rent prices nationally are down 1.5% compared to one year ago. Year-over-year rent growth ticked up slightly compared to last month, but remains near the lowest levels that we’ve seen in our estimates going back to 2017. The national median rent has now fallen from its 2022 peak by a total of 4.4%. The national multifamily vacancy rate currently stands at 7.2%, down slightly from the February peak. After hitting a new record in February, the vacancy rate is now decreasing for the first time in over four... Read more
Zillow’s latest ranking of top markets for new college graduates points to a quiet but meaningful shift in the apartment business: landlords in many Sunbelt...
KEY TAKEAWAYS The West became the most popular region for apartment hunters in Q1 2026, placing 11 cities in RentCafe’s top 30 renter demand rankings. Minneapolis...
National Rent Growth Trends Multifamily rent growth remained soft in April, though the latest data suggest that conditions are no longer broadly worsening. Annual...
A wave of apartment construction over the past couple of years has reshaped much of the U.S. rental market, but not evenly. While Sun Belt metros absorbed a historic...
KEY TAKEAWAYS Sun Belt metros including Austin, Fort Myers, and Phoenix are seeing declining rents and aggressive concessions as new apartment supply outpaces demand. Coastal and Northeast markets such as San Francisco, New York, and parts of Virginia are posting some of the nation’s fastest rent increases amid tighter inventory. The growing divide between oversupplied and undersupplied apartment markets is reshaping leasing strategies for renters, owners, and multifamily investors nationwide. The US apartment market is splitting into two distinct stories this spring. In supply-heavy Sun Belt metros, renters are gaining leverage through lower effective rents and generous concessions,... Read more
Multifamily marketing is undergoing a fundamental transformation, prioritizing the raw and real over the polished and professional. The latest SatisFacts Online Renter...
KEY TAKEAWAYS Apartment concessions rose to 16.9% of stabilized units in March 2026, the highest since 2014. Class C apartments led with a 21.5% concession rate,...
Seattle renters looking for a three-bedroom house with a yard are finding out the hard way that the classic family rental is quietly disappearing. What used to be a...
KEY TAKEAWAYS Rental competition cooled slightly nationwide but rose sharply in Chicago, Atlanta, and San Francisco. Chicago posted the nation’s largest RCI jump,...
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