Apartment-Friendly Workouts You Can Do Without Waking Up Your Roommate
Sharing an apartment is great for your budget — but it can be pretty tough on your fitness regimen. Those ‘Netflix & Pizza’ nights may help you bond as roommates, but it’s not going to help you run that 5K! And of course, if you’re trying to save money, an expensive gym membership may be…
Read MoreNational 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 by 0.3 percent ($4) month over month, according to data from Yardi Matrix. Rents increased in 79 percent of the nation’s biggest 250 cities in May, were unchanged in 17 percent of cities, and dropped…
Read MoreThe 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 the highest concentration of highly prosperous large cities Only 11 out of more than 300 cities have registered improvements across all prosperity indicators between 2000 and 2016 So which are the best cities in the…
Read MoreRental 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 by 0.3 percent ($4) month over month, according to data from Yardi Matrix. Rents increased in 84 percent of the nation’s biggest 250 cities in April, were unchanged in 14 percent of cities, and dropped…
Read MoreInterior Design Details Renters Should Look for
Apartment hunting is difficult, especially when you’re looking for something long term to call home. If you’re a renter you won’t be able to renovate or add style details, so it’s important to keep in mind the aesthetics of your new home in addition to prices, location, and amenities. You’ll be living here for a…
Read MoreSingle-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 renting their abode has increased significantly, in some cities surpassing the number of homeowners. The housing market quickly responded to this shift by adding millions of rental units in just a few years — both…
Read MoreNational 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 up 0.3 percent ($4) month over month, according to data from Yardi Matrix. 86 percent of the nation’s biggest 250 cities have seen rents grow in March year over year, in 12 percent of cities…
Read MoreFebruary 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 up 0.01 percent ($1) month over month, according to data from Yardi Matrix. 87 percent of the nation’s biggest 250 cities have seen rents grow in February year over year, in 11 percent of cities…
Read MoreDowntown 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 of them. Yet, even if gentrification is not something to strive for, it happens all the more often—and as there are ways to quantify it, we did just that, and a ranking arose, considering income…
Read MoreInternational Study: Renting Landscape in 30 Countries Around the World
Highlights: 29 of 30 countries are majority homeowners, with Switzerland being the only exception. Renters are on the increase in 21 of 30 countries, with UK’s share of the population that rents up by 22% in just 5 years. The number of renters in the United States grew two times faster than in the European…
Read MoreSame 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 flat month over month, according to data from Yardi Matrix. 89 percent of the nation’s biggest cities have seen rents grow in January, in 9 percent of cities rents remained unchanged, while only 2 percent…
Read MoreLos Angeles Area 2017 Rent Retrospect
The average rent in the city of Los Angeles at the end of the year was $2,284 /month, 4.3% more than in December 2016. The LA area overall has posted a similar year-over-year growth rate, at precisely 4% higher than the year-ago figure, reaching $2,146. Meanwhile, the national average rent is $1,359—2.5% higher than it…
Read MoreRenters 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 renter-majority between 2006 and 2016. The increase in the number of U.S. renters at national level in a decade’s time was only slightly slower than the total population growth over the same period, demonstrating a…
Read MorePortland Metro Area 2017 Rent Retrospect
Portland’s average rent at the end of 2017 was $1,425/month, 1.2% less than the year-ago figure. Meanwhile, rent prices in the metro area overall posted a 0.8% increase over the year, to an average of $1,331/month at the end of December. The national average rent is 2.5% higher than it was in December 2016. Over…
Read MorePhoenix Metro Area 2017 Rent Retrospect
As the national average rent increased by 2.5% during 2017, Phoenix rents followed an ascending trend as well. At the end of 2017, the average rent in the city of Phoenix was $934, 4.5% more than it was at the end of the previous year. According to Yardi Matrix, rents in Phoenix have been growing at a steady pace…
Read MoreAtlanta Metro Area 2017 Rent Retrospect
The average rent in Atlanta at the end of December 2017 was $1,340/month, 2.4% more than exactly one year prior. In the metro area overall, the average rent was $1,182/month at the end of the year, an increase of 2.6% over the year, while the national average rent is 2.5% higher than December 2016. Over…
Read MoreSan Francisco Bay Area 2017 Rent Retrospect
In 2017, the San Francisco Bay Area remained one of the top most expensive metro areas in the country for renters. The average rent in the Bay Area at the end of 2017 was $2,602, 3% higher than one year prior, according to Yardi Matrix. Over the last three years, the cost of rent in this pricey…
Read More2017 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, according to Yardi Matrix Rent prices fluctuated the most in small-size cities, with the 5 highest y-o-y increases in Odessa and Midland, TX, Buffalo, NY, Lancaster, CA and Reno, NV New York rents among the…
Read MoreNew 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. Which one would prove to be more profitable in the long run? A new study called “A Revision of the American Dream of Home Owning”, published in the Journal of Housing Research and featured by…
Read MoreNew Jersey’s Most Expensive ZIP Codes – Hoboken and Edgewater Rents 2.5 Times the National Average
Key takeaways: Hoboken’s 07030 is the #1 most expensive ZIP code for renters in New Jersey with an average of $3,401 At almost 52%, Jersey City’s 07306 (#37) experienced the highest rate of supply expansion as well as the highest rent gains at 34% Livingston’s 07039 (#12) experienced the largest negative rent growth in the…
Read MoreApartment Rents Stabilize in November Around the Country, While Mid-Sized Markets Remain Active
Key takeaways: Rents were consistent for the month, coming in at $1,358 – just 2.5 percent higher than this time last year, according to data from Yardi Matrix. 83% of the nation’s biggest cities have seen rents grow in the last year, 14% saw rents remain steady, while only 3% experienced rent drops compared to 2016. …
Read MoreVirginia’s Most Expensive ZIP Codes – It Takes Over $2.2K/Month to Rent in Arlington’s Priciest ZIP Codes
Key takeaways: Virginia’s #1 most expensive ZIP code is Arlington’s 22209 with an average of $2,348 22209 together with adjacent 22201 form a cluster of pricey rental rates across the river from D.C. Supply levels remained overwhelmingly unchanged in the 50 most expensive Virginia ZIP codes over the past 12 months 22102 in McLean bucked…
Read MoreMichigan’s Most Expensive ZIP Codes – Supply Flatlines, But Rents Up Throughout State
Key takeaways: 48104 is the #1 most expensive ZIP code for renters in Michigan at an average of $2,021 Grand Rapids’ 49504 is the ZIP code with the highest Y-o-Y rent growth rate at 9.12% Flint’s 48503 (#161) had the highest expansion rate, increasing stock by 34% Around 30% of Detroit renters are Baby Boomers,…
Read MoreMaryland’s Most Expensive ZIP Codes – Chevy Chase and Potomac Town in the Lead at Over $2.3K
Key takeaways: At a monthly average of $2,392 Chevy Chase’s 20815 is the #1 most expensive ZIP code in Maryland, at more than $1K above the national average Bethesda’s 20814 is the #2 priciest ZIP in Maryland, forming a ZIP cluster with 20815 that ranks as Maryland’s most expensive area for renters Montgomery is the…
Read MoreHow 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. Location is king but so is cash, so size gets to be compromised on very often. However, if you just don’t want to sacrifice size on the altar of an expensive location, things tend to…
Read MoreThe 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 agree that renters were usually people in their 20s, renting mostly bare-bones dingy apartments with stinky carpeting and peeling windows in poorly-maintained old buildings until they saved enough to buy a place of their own.…
Read MoreGeorgia’s Most Expensive ZIP Codes This Fall – Alpharetta in the Lead, Closely Followed by Atlanta
Key Takeaways: Zip 30009 in Alpharetta wins the title for being most expensive, with an average rent of $2,223 Atlanta leads with 23 zip codes out of the 50 priciest Only 6 zip codes out of the top 50 costliest have seen a price decrease since 2016 26 zip codes top the national average of $1,354 With residents paying on average…
Read MoreThe Most Expensive ZIP Codes in Massachusetts – 3rd Priciest City for Renters, Boston Core Cluster of Expensive Zips
Key takeaways: Boston’s 02199 is the #1 most expensive ZIP code for Massachusetts renters at an average of $4,227 Massachusetts’ top 8 most expensive ZIP codes form a contiguous cluster of pricey ZIPs , with average rents ranging between $3.3K and over $4.2K Massachusetts and Boston average rents rank as 3rd highest in the U.S.…
Read MoreOregon’s Most Expensive ZIP Codes – with $1.8K, Portland’s Pearl District, Nob Hill and the Northwest District Are Leading the Pack
Key takeaways: At $1,837, Oregon’s #1 most expensive ZIP code for renters is 97209 in Portland Portland is home to 12 of the state’s top 20 priciest ZIPs Close to a quarter of Oregon ZIPs boast rents higher than the $1,350 national average 4.8K new apartments are expected in the Portland–Vancouver–Hillsboro metro by end of…
Read MoreNational 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 showing the slowest annual growth in six years — 2.2% — according to Yardi Matrix. 82% of the 250 biggest cities in the U.S. (205 in total) experienced growth over the past year; 35 cities…
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