January Apartment Rents Hit All-time High; Baltimore Defies Rent-increase Odds
Though apartment rents held steady the last four months of 2015, that didn’t hold true in January, when rents hit an all-time high of $1,170 per month, according to the latest Yardi Matrix Monthly Report. The previous peak rental price was $1,166, a record that was set back in September of last year. This marks a…
Read MoreSunny Venice of America Takes on a Contemporary Flair: 10 Now-and-Then Photos of Fort Lauderdale’s Changing Skyline
A favorite relocation destination of sun-seekers from all over the country – if not the world – Fort Lauderdale continues to attract more people as it adds contemporary, new affordable residential buildings and thriving businesses to its summery climate. Dubbed the Venice of America, the city was rated as having one of the Top 10…
Read MoreSan Jose Increases Rental Inventory: See the 9 Largest Local Developments Completed in 2015
San Jose is a mecca for big IT employers, start-ups hoping to hit overnight success, and folks on the lookout for well-paid jobs. It’s no wonder that the city hosts over a million residents (and just about the same number of jobs!). The tech driven boom has come at a price, though: the rental rates…
Read MoreFabulous 1-Bedroom Apartments You Can Rent in Indianapolis Right Now
Indianapolis is large and in charge, boasting the largest Children’s Museum in the world, the largest half-marathon in the US, and the largest race course in the world. The city has a diverse economy, with health care, manufacturing, and life sciences as examples of top industries. Three Fortune 500 companies call Indianapolis home, but businesses of…
Read MoreResort-Style Living in ATX: The Element Austin Apartments
Live music and Tex-Mex, abundant job opportunities, and a great quality of life – Austin frequently ranks as a top destination for both living and working. From quality school systems to high projected job growth, the Capitol City attracts young professionals and families alike. And while it is more costly to live here than the…
Read MoreFind a Great Value Studio Apartment in Seattle: from Upscale Living to Affordable Comfort
What’s better than living in a city with legendary coffee, an ever-evolving skyline, and a wild array of outdoor adventures to be had? Living in a city that’s also incredible for workers, that’s what. Seattle truly has it all, thanks to its mixed economy that offers a large selection of job prospects, everything from older industrial…
Read MoreDespite Rising Rents, Denver Still Offers Good Value and Affordable Options: Check Out These 2 BD Apartments
Though an 8% year-over-year rent increase might have you seething at the Denver market, the value in this red-hot region is actually well worth the cost. In addition to being named the best place to live in the U.S. just last year, the average rent for Denver apartments is surprisingly affordable, clocking in at $1,387…
Read MoreSeattle’s 10 Biggest Rental Developments of 2015 Delivered 2,500+ Apartments to Market
With 26 multi-family developments of 50+ rental units completed within the past year, Seattle has seen a total of 4,279 new apartments delivered to market in 2015 by this segment, 2,561 of which (60% to be more precise) part of the 10 biggest projects completed in 2015. However impressive that may seem, the numbers are…
Read MoreRelaxed Living in Historical Cincy: Williamsburg of Cincinnati Apartments
A big city with a small-town feel, Cincinnati is brimming with history, as most of its residential neighborhoods date back to the 19th century. Besides being a picturesque destination with cozy neighborhoods, friendly residents, and a laid-back atmosphere, Cincy is also an urban hub on the upswing. With thriving business, education, and entertainment opportunities, an…
Read MoreDecember Rents Jump Significantly from 2014 Levels, Portland and Sacramento See Biggest Gains
It seems 2015 closed out as one of the biggest years for rent increases in a while. While apartment rents remained unchanged in December – staying stagnant at $1,165 per month – 2015 saw a total rent growth of 6.4 percent year-over-year, the second highest increase we’ve seen in the past decade. This is significantly…
Read MoreSay Hello to Happiness in These Beautiful One-Bedroom Apartments in Houston
Houston is definitely a growing city, in more ways than one, leaving many to wonder if it’s going to move up from the fourth largest city in the country to the coveted number three spot. No matter what the future has in store for Houston, there’s no question that it already is an incredible place to…
Read MoreTexas Renters Pay 50% Higher Rents to Live Near Top Rated Schools
Is it more expensive to rent in a premier school district? Texas renters with young families know the answer to this question all too well and end up paying more on housing to ensure their children get access to the best education possible. But how much more are we talking about? And which Texas cities…
Read More11 Before-and-After Photos Showcase D.C.’s Stunning Transformation
As our nation’s beautiful and historic capital, Washington, D.C. needs no introduction. While it always stood for architectural grandeur, the District is getting even more impressive with new development projects adding more vertical appeal and modern accents to its skyline. From exclusive residential communities to centers of corporate power, the new buildings offer flavors of both…
Read More12 Before-and-After Images Illustrating Seattle’s Changing Skyline
Seattle has built its reputation on innovation. Over the years, this city has played host to companies from Boeing to Microsoft to Amazon – and has attracted the architectural innovation to match. In the last ten years especially, striking new skyscrapers have risen up all across the city, demonstrating that when it comes to creativity,…
Read MoreBefore-and-After Pictures of St. Louis Show City’s Growth over the Last 8 Years
The Gateway City has come a long way in recent years thanks to revitalization efforts. As the 58th most populous city in the U.S., St. Louis is challenged with managing growth while maintaining the city’s rich history. Innovation through the Years Once a major trading post, St. Louis has continued to attract industry over the…
Read MoreThe Average Rental Rate Shows Zero Growth for the First Time in 2015
As expected, the national rental market has finally cooled down. October was the first month in 2015 that the average monthly rent did not grow – at $1,166, it stayed approximately the same as last month. According to data from Yardi Matrix, this isn’t necessarily a sign that growth is weakening overall, but it may…
Read MoreReal Estate in the Mile High City Reaches for the Sky: 10 Time-Lapse Photos of Denver’s Redevelopment Boom
Nestled at the foot of the Rockies, Denver hosts lots of charming neighborhoods, a burgeoning economy, and first-class access to rugged mountain adventures. As more and more people choose to put down roots in the Mile-High City, developers have taken on the urban infill challenge with gusto in recent years! We wanted to see how…
Read MoreSmart, Efficient Studios in the Southern Queen City: Charlotte
Charlotte has certainly earned its nickname of the Queen City, particularly in recent years since the Great Recession, as it’s grown to rival cities like Atlanta and Raleigh. This Southern hub of economic activity is home to major corporations including Bank of America, TIAA-Cref, Wells Fargo, and American Airlines. Also notable about Charlotte are the…
Read MoreAwesome Apartments in Jacksonville for around $900/Month – the City’s Average Rent
Historic St. Augustine and miles of beautiful beaches aren’t the only things attracting crowds of young professionals to Jacksonville. The Bold New City of the South ranks as the fifth in the nation in Forbes’ “Top Cities to Find a Job in 2015” list and lands in the top-ten list for booming tech cities. Besides…
Read MoreLive it up in the Live Music Capital of the World: 5 Great Value One-Bedroom Apartments in Austin
Austin is undoubtedly one of the hottest rental markets in the U.S., attracting an eclectic mix of young professionals, families, and anyone searching for a high quality of life, urban amenities, and quirky charm. Whether it’s walking along 6th Street and taking in the sounds of live music wafting from the many venues that line…
Read More5 Great Denver Apartments You can Rent for $1,300/Month
With the Rockies as your backdrop, over 200 parks throughout the city, and 300 days of sunshine, Denver doesn’t disappoint in either good weather or beautiful scenery. The city is becoming “a mecca for millennials”, according to Money magazine, who ranked The Mile High City as the “Best City to Live in the West”. Denver’s…
Read MoreRenting a 3-Bedroom in Apartment in Houston, The Booming Bayou City
Houston has quickly risen to prominence as one of the hottest rental markets not only in Texas, but also the U.S. It’s ranked as the number one job creator in the country, and is home to 26 Fortune 500 companies. These economic factors coupled with a burgeoning cultural, dining, and entertainment scene are leading people…
Read MoreApartments for Rent in San Antonio Under $900/Month: from Studios to 2-Bed Units
In Texas, bigger is better; and San Antonio – home of the Alamo, tasty Tex-Mex, and Spurs Nation – packs a pretty big punch. Ranking in as the 7th most populated city in the U.S., San Antonio’s booming gas industry, multicultural environment, and continuing city development make it a hotspot for newcomers and locals alike.…
Read MoreStart of Fall Doesn’t Cool U.S. Rental Markets: Rents Hit $1,167 in September
While the hot summer months tend to be when the U.S. sees the highest rental market growth, September 2015 certainly didn’t bring a slowdown. Mainly supported by the strengthening employment picture and the ongoing migration of Millennials to urban areas, the average apartment rent rose 6.8% year-over-year, hitting $1,167 in September, according to data from…
Read MoreIt’s a Slam Dunk for Denver: City Named Best Place to Live in the U.S.
San Francisco may be the best place to start a career. New York City is definitely your best bet if bustling city life is more your style. Portland is great for bike commuters, and Seattle has the most cultural venues per capita. But Denver is the place to be if you want the best of…
Read MoreWhat a $1,000 Rent Looks Like in Raleigh, NC
Named one of the fastest growing cities in the U.S., Raleigh has seen tremendous growth in recent years with lofty apartment buildings, sleek hotels, and bustling office parks adding to its charm. Many of the country’s top employers have set up shop at the nearby Research Triangle Park, including IBM, Cisco Systems, GlaxoSmithKline, Fidelity Investments,…
Read MoreJob Creation Propels Pacific Northwest to Rank Highest in Rent Growth in July 2015
Fueled by a higher demand for rental properties plus strong job growth in key markets, U.S. rental prices continue an upward climb. The average apartment rent rose another $5 from the previous month to hit a new record high of $1,155 in July, according to the latest Yardi Matrix Monthly apartment market survey. The average…
Read MoreAustin’s Skyline is Booming: 10 Before-and-After Images Display the City’s Vertical Upgrade
The Live Music Capital of the World, Austin is America’s fastest growing city and the #1 growing economy. Its downtown population has skyrocketed over the past decade more than doubling since 2000. This eco-conscious, trailblazer of a city, situated on the shores of serene Lady Bird Lake, is the South’s healthiest and boasts the nation’s…
Read MoreHigh Demand Pushes Rental Market to New Heights, Affordability Deteriorates
The country’s rental market is booming, with an increase in rental households, rising rents, and low vacancy levels recorded in most metros across the U.S. Average rent hit a record high of $1,150 in June 2015, up 2.9% over the past three months. The average year-over-year rent growth now stands at 6.3%, Yardi Matrix data…
Read MoreRent Growth Breaks Records for June 2015 Led by West Coast and Sunbelt Markets
Fueled by high-demand from Millennials as well as prosperous job growth and favorable demographics, rent growth hit an all-time high during the month of June, according to the Matrix Monthly survey, Yardi’s new report focusing on apartment market trends. Across the nation, the data points to record-breaking rental prices, averaging $1,150 for June 2015. This is…
Read More