Property Management News
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 influx of new supply, many Northeast and coastal California markets saw comparatively little development, leaving renters there locked in fierce competition for a shrinking pool of available apartments. That imbalance is showing up in Zillow’s latest ranking of the nation’s hottest rental markets, where Providence, Rhode Island, claimed the top spot for 2026. According to Zillow, the country’s most competitive rental markets continue to be defined by low vacancy rates, limited concessions and persistent... Read more
KEY TAKEAWAYS Sun Belt metros including Austin, Fort Myers, and Phoenix are seeing declining rents and aggressive concessions as new apartment supply outpaces...
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, with nine renters per available apartment, trailing only Miami. Midwest cities saw the highest rental competitiveness, led by tight supply and high renewal rates. Small markets like Wichita and Amarillo also experienced steep increases in rental competition. Rental Market Overview The start of 2026 saw a minor cooling in the US rental market, with the national Rental Competitiveness Index (RCI) dipping from 75.7 to 75.4, reports RentCafe. While this points to slightly easier conditions for renters on average, significant... Read more
Renters have the upper hand in Downtown Los Angeles, with sluggish apartment rent growth motivating landlords to offer concessions and even lower rents. Rents fell...
KEY TAKEAWAYS National multifamily rent growth slowed to 1.0% year-over-year in March. Monthly momentum turned negative for the first time since June 2023. Performance...
KEY TAKEAWAYS US apartment occupancy climbed to 95.2% in April 2026, marking four straight months of improvement after bottoming out at the end of 2025. Sun Belt...
KEY TAKEAWAYS On-time payments rose to 84.5% in April 2026, sixth monthly gain in seven months. Annual declines persist but are easing; on-time collections are 119 bps...
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