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...
National dog day shows there is a gap in the rental market when “pet-friendly” does not always mean what renters think when they visit an apartment complex. More...
Multifamily and single-family housing often move in the same general direction, but they don’t appreciate at the same pace even in top-demand markets, which...
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...
Fire safety in an apartment building can easily become something that gets pushed into the background. The fire alarm company comes in. The sprinkler contractor does the annual inspection. Emergency lights get tested. Reports get filed away. As long as there are no obvious problems, it can feel like everything is being taken care of. But there is a difference between having fire protection systems in a building and actually understanding how those systems work together when there is an emergency. Property managers and building staff do not need to be fire protection technicians. They should, however, understand the basics of the systems they are responsible for and know what to do when... Read more
The PM Trends Report 2026 combines national survey of small landlords with industry data to reveal how AI adoption, changing owner expectations and professional...
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...
Renting in New York City is full of surprises, and some of the greatest surprises are hidden in New York City’s Housing Maintenance Code (“the Code”)....
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