Rental Market
Top-Income Earners Are the Fastest Growing Renter Segment in the U.S. — Up by 1.35 Million in a Decade
Key takeaways: More than 1.35 million households making $150,000 or more per year became renters between 2007 and 2017 nationwide…
The National Average Rent Stagnated in January – Cities in America’s Sun Belt Experienced the Fastest Growth
Key takeaways: The national average rent reached $1,420 in January 2019, a year-over-year increase of 3.3% ($45), according to data…
Rent Trends in Philadelphia vs Pittsburgh: Bridging the Rent Gap Between Pennsylvania’s Two Largest Cities
Strong demand for rental units in 2018 has fueled price growth nationally with the average rent in the U.S. clocking…
Ohio Rents Increased in 2018, Toledo Saw the Biggest Spike in Prices
At the end of 2018, the national average rent reached $1,419, which shows a 3.1% year-over-year increase, according to apartment…
Portland Metro Year-End Rent Report: Rents in Lake Oswego Outpaced the Rest of the Metro
The end of 2018 saw the national average rent go up to $1,419 per month, which stands for an increase…
Suburb Growth: Top Trending Suburbs That Have Seen the Biggest Boom in Renters
Suburban life might not seem as thrilling and adventurous as city life, but it definitely has some very exciting advantages….
2018 Year End Rent Report – Rents Hold Strong at Year End, Las Vegas Among the Top Most Aggressive Markets
Key takeaways: The national average apartment rent ends the year with a strong 3.1% y-o-y increase, having reached $1,419, $42 above what…
As Apartments Are Shrinking, Seattle Tops New York with the Smallest Rentals in the U.S.
Highlights: The average size of new apartments in the U.S. in 2018 is 941 square feet, 5 percent smaller than…
Amazon’s Move to Millennial Hubs Long Island City and Crystal City Expected to Spark an Apartment Boom
Highlights: Long Island City and Crystal City, the neighborhoods selected for the Amazon move, witnessed an y-o-y rent growth of…
Rent Continues to Climb in 93% of Cities, with Pressure Still on in the Largest Renter Hubs
Key takeaways: The national average rent registered a year-over-year increase of 3.3% ($45) in October, at $1,420 per month, according…
Ownership Is Losing Its Appeal, Despite Being Preferred by Most Philadelphians
The answer to the never-ending question about renting or owning is quite clear if we look at the big picture….
The Median Income Gives Renters Access to More Than Two Thirds of the Stock in Raleigh, San Francisco and Omaha
Key takeaways: The median income provides burden-free access to 49% of all U.S. rentals, up from 38% in 2011. Access…
Goodbye LA, Hello Phoenix: Affordable Housing Makes Second-Tier Metros Top Choices for Moving
With the middle-class squeezed by the rising cost of living, particularly housing costs, many average-earners find it an onerous endeavor…
End of Rental Season Brings Renters Temporary Relief, but Demand Keeps Fueling Increases in Big Employment Hubs
Key takeaways: Rent growth came to a halt in September at national level – the $1,412 U.S.-wide average marks a…
Gen Z Brings Serious Competition for Millennials on the Real Estate Market, Survey Says
With every new generation that comes of age, all economic sectors see some significant changes. Real estate is no exception,…
8 Out of 10 New Apartment Buildings Were High-End in 2017, Trend Continues in 2018
There is no better visual depiction of urban development than seeing an old parking lot replaced by an edgy tower…
Top Trending Zip Codes for the Millennial Population Are Big City Urban Cores
Are millennials today more likely to live in and near downtowns or withdraw to outer neighborhoods? Population dynamics are always…
August Rents Rose at the Fastest Pace in 18 Months, as Apartment Construction Slows
Key takeaways: The national average rent reached an all-time high of $1,412 in August 2018, up by 3.1 percent ($42)…
America’s Most Expensive ZIP Codes for Renters in 2018
Much like outside temperatures, rents usually peak toward the middle of summer, and this year it really is scorching out…
Apartment Construction Is Expected to Slow Down in 2018 After a 6-Year Upward Streak
Highlights: Almost 283,000 new apartments are expected for completion by the end of 2018, 11% less than last year. Apartment…
Seasonal Demand Pushes Up Apartment Rents in July in 88 Percent of Cities
Key takeaways: The national average rent reached an all-time high of $1,409 in July 2018, up by 2.8 percent ($39)…
The Dream on Hold: 3.6 Million Fewer Families with Kids Own a Home Compared to 10 Years Prior
The big fallout during the housing crisis followed by air-tight lending rules, an alarming shortage of entry-level homes, and skyrocketing…
National Apartment Rents Hit New Milestone, Demand for Small Apartments Catches Up with Family-Sized Rentals
Key takeaways: The national average rent reached the all-time high of $1,405 in June 2018, having increased by 2.9 percent…
Renting Remains the Popular Choice in Atlanta, Despite Ownership Gaining Ground in the Eastern and Northwestern Areas
As Atlanta offers some of the most affordable rents compared to cities of similar size, the renter lifestyle continues to…
Survey: Cost Barrier Keeps Over 80 Percent of Renters Away from Their Ideal Location, Their Job
Job growth in and near downtown areas is seeing peak levels, with major employers like McDonald’s in Chicago and GE in…
National Rents See Slowest Season Start in Years, but Most Renter Mega-Hubs Maintain Upward Trend
Key takeaways: The national average rent was $1,381 in May 2018, having increased by 2 percent year over year, and…
The Most Prosperous Cities in the U.S.
Highlights: Texas cuts into the East Coast – West Coast rivalry, claiming 6 spots of the top 20 California has…
Rental Season Debuts with Increases in Most Large Cities, National Y-o-Y Growth Follows the Trend of the Past 16 Months
Key takeaways: The national average rent was $1,377 in April 2018, having increased by 2.4 percent year over year, and…
Single-Family Rentals Increased Faster than Apartments in 22 of 30 Big Cities, Led by Phoenix
The U.S. housing market has gone through nothing short of a transformation in the last decade. The number of people…
National Apartment Rents Hit a 14-Month Growth Plateau in March Amid Small City Boom
Key takeaways: The national average rent was $1,371 in March 2018, 2.5 percent higher than this time last year, and…
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