Real Estate News

Rentcafe Monthly August 2018 Report

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)…

Apartment Construction - Featured

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…

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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)…

homeowners vs renters

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…

ideal location

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…

single-family rentals

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…

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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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February Rents Increased the Most in Small Markets; Colorado Among the Most Active

Key takeaways: The national average rent was $1,364 in February 2018, 2.7 percent higher than this time last year, and…

most gentrified cities

Downtown LA’s 90014 Heads the List of Fastest-Gentrifying ZIPs Since the Turn of the Millennium

There are a lot of things an urban area can and should aspire to excel in. This is not one…

january-2018_featured-image

Same Trend, Different Year: January Brings Further Rent Increases, Fueled by Demand

Key takeaways: The national average rent was $1,361 in January 2018, 2.8 percent higher than this time last year, and…

renters vs owners

Renters vs Owners: Renters Became the Majority Population in 22 Large Cities

  Key takeaways The population of almost a quarter of the 100 largest U.S. cities has changed from homeowner- to…

Luxury Rental in Denver, Colorado

Denver’s Lower-Income Residents Will Soon Be Able to Move into Luxury Apartments

Denver, CO is among the many U.S. cities that struggle with providing affordable housing to lower-income residents. Many professionals like teachers…

RentCafe 2017 Apartment Market Report Year End

2017 Year End Rent Report – Las Vegas Was 2017’s Hottest Large Rental Market

Report highlights: The national average apartment rent in 2017 increased by 2.5% y-o-y, reached $1,359/month at the end of 2017,…

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Study: The Average Renter Household Needs $549 in Savings for the Holiday Shopping

Ideally, the holiday season should be all about giving. Realistically, however, it’s still all about giving, just not exclusively in…

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New Study Says Renting Might Be More Profitable Than Owning a Home

It’s a debate that has been going on for a while now between two possibilities: renting or owning a home….

What Is $1,500 Worth Worldwide: Rent Per Square Foot around the Globe

How Much Space Does $1,500 Rent You in the 30 Most Magnetic Cities in the World?

Making do with a small apartment is something many people feel forced to consider when renting in a big city….

Baby boomer renters suburban apartments for rent RentCafe

The Biggest Game Changers in Renting Are Older, Highly-Educated Renters, and 2.5 Million Stronger

Have you noticed how different renting is today from one or two decades ago? I think most of us would…

monthly_rent_report_september_2017

National Rents on Pause for the Entire Peak Rental Season, Including Priciest Cities; Mid-Sized Cities Continue Rally

Key takeaways: The national average rent was $1,354 in September, remaining virtually flat for the 4th month in a row, and…

Approved Applicants

Rental Application Approvals Are Up – Active Millennial Hubs Seattle, Portland Have the Highest Approval Rates

We live in a record-setting real estate world right now. Almost 37% of people in the U.S. are renting their…

august_2017_rent_report

Rents Continue Slowdown in NYC, SF But Mid-Sized Cities See Major Spike

Key takeaways: Average rents hit $1,352 for the month of August, rising just $1 – or 0.1% – since July,…

Best U.S. cities for apartment construction 2017

Apartment Construction at its Highest Level in 20 Years, with Denver, Nashville Joining NYC as 2017’s Hottest Rental Markets

We’d need 4.6 million new apartments by 2030 to meet demand for rental living and keep prices in check, per…

Coral Gables Miami Florida Apartments for Rent RentCafe

The Most Expensive ZIP Codes for Renters in Florida in 2017

Key Highlights: Apartment rents in Coral Gables ZIP 33146 are the highest in the State of Florida 42 of the…

national_rent_report_july_2017

Despite National Slowdown, Rents in Midland, Buffalo Reach New Highs in July

Key takeaways: Average rents hits $1,350 for the month of July, rising just $1 – or 0.1% – since June,…

Most Expensive ZIP COdes in the US 2017

The Most Expensive Zip Codes for Renters in 2017 – Mapped

Updated May 2018 If you’re moving and looking to rent an apartment, you’ll want to compare rent prices in and…

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June 2017 Rent Report: Rents Lose Steam in Construction-Crazed Cities But Spiral in Others

Key takeaways: Average rents on U.S. apartments rose by $12, or 0.9%, in June, hitting $1,349 for the month, according…

Rent Cafe most expensive zip codes in North Carolina

The Priciest Zip Codes for Renters in North Carolina in 2017

Key Highlights: Charlotte’s urban core is home to the top 3 most expensive zip codes for renters in North Carolina…

national_rent_report_may_2017

Rent Pressure Shifts from Hot Cities to Mid-Tier Housing Markets in May

Key takeaways: Average rents on U.S. apartments rose by $4, or 0.3%, in May, hitting $1,316 for the month, according…

Rent Cafe Apartments for Rent in Upper West Side Manhattan NY

Top U.S. Neighborhoods That Got the Most Apartments After the Recession

The real estate market has been through a lot since the recession. After “the big housing crash” home buying humbly…

atlantametrocreeksideplayground_featured

Suburb vs City: Suburban Areas Are Gaining Renters Faster Than Urban Areas in 19 out of 20 Largest Metros

Article featured on: Key highlights: The number of renters grows faster in the suburbs than in cities in 19 out…

national_rent_report_april_2017

Small Cities Take the Spotlight as April Rents Jump while San Fran, NYC See Big Drops

Key takeaways: The average U.S. apartment rent increased by $2 in April, reaching $1,314 according to Yardi Matrix. Again the…