Modern urban business buildings and empty floors representing apartment construction in progress.

New apartment construction drops 27% in 2026, but the Northeast defies the trend

Apartment construction across the U.S. is dropping sharply in 2026. An estimated 442,395 new apartments are expected to open this year — a 27% decline from last year’s 605,768 and the first time in four years that new rentals have…

Waterfront homes with green roofs and palm trees line a calm channel in Lake Havasu City, AZ, a growing destination for millionaire renters, with boats docked in the foreground and mountains in the distance.

Millionaire renters more than triple in 5 years, nearly half are Millennials

The number of millionaire renter households in the U.S. grew 229% between 2020 and 2024, more than tripling in just five years. While…

Aerial view of Minneapolis, Minnesota during summer featured in the renter engagement tracker.

Mid-year Renter Engagement Tracker: Miami jumps 130 spots as Minneapolis holds #1

The first half of 2026 brings notable shifts in where renters are searching for apartments. Miami makes the biggest jump in the ranking,…

An aerial view of the skyline in downtown Chicago, the No. 1 hottest rental market during peak season 2026.

Move over, Miami: Chicago is America’s hottest rental market this peak season

After years of watching the coasts and the Sun Belt set the tone, the center of the rental map has moved to the…

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Latest Posts

A stunning view of downtown Chicago at sunset, showcasing the iconic cityscape with modern skyscrapers reflecting in the waters of the Chicago River.

What are some budget-friendly neighborhoods for Chicago renters?

Chicago has world-class museums, a huge food scene and plenty of jobs. It also has big-city prices. As of October 2026, the average…

Aerial side by side view of Austin, Texas and Tulsa, Oklahoma with downtown skylines

Austin vs. Tulsa cost of living comparison: Which city fits your renter budget?

Tulsa, OK, is the more affordable city for renters looking for apartments. As of late October 2026, the average rent in Tulsa is…

Apartments in Fort Worth, TX, close to downtown, shown in an aerial view of the skyline, the Trinity River and an arched bridge.

5 essential questions to ask before renting an apartment in Fort Worth, TX

Fort Worth, TX, pairs a growing job market and a respected museum district with Western heritage and an easygoing pace, which makes it…

Aerial view of downtown, a hub for public transit in Cleveland, with Cuyahoga River bridges and Lake Erie in view.

What are the best public transit options for renters in Cleveland, OH?

Public transit in Cleveland, OH, is run by the Greater Cleveland Regional Transit Authority (RTA). This agency operates the Red, Blue and Green rail lines…

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Neighborhood Guides

A view of Brooklyn's iconic Brooklyn Bridge with affordable neighborhoods in the foreground, perfect for New Yorkers on a budget.

5 Affordable Neighborhoods in Brooklyn for New Yorkers on a Budget

New York City has long been one of America’s most expensive rental markets, with sky-high prices that can make finding housing in affordable…

Find affordable neighborhoods in Seattle, WA. Seattle skyline featuring the Space Needle and high-rise buildings illuminated by golden sunlight against a clear blue sky.

5 Wallet-Friendly Neighborhoods to Rent in Seattle

Seattle is an amazing place to live, offering a strong job market, stunning waterfront views, and an unbeatable food and coffee culture. But…

Downtown Grand Rapids, MI, skyline featuring modern high-rises with apartments, historic buildings, beautiful autumn foliage, and a colorful sunset.

Which Are Some of the Best Affordable Neighborhoods in Grand Rapids, MI?

Renting in the Midwest has never been more popular, and Grand Rapids, MI, is no exception. As apartment hunters flock to cities across…

A view of the skyline in Austin, TX, as seen from one of the city’s waterfront walkways.

Here Are the Best Affordable Neighborhoods for Renters in Austin

Austin has long been one of the country’s most exciting cities to live in, known for its lively music scene, booming tech industry,…

The skyline in downtown San Antonio, TX, pictured at sundown, with the city’s buildings set against a colored sky.

What Are the Best Affordable Neighborhoods to Rent in San Antonio, TX?

San Antonio, TX, is a city known for its rich history, diverse culture, and affordable cost of living. Located in Bexar County, San…

Detroit skyline at sunrise, showcasing a city where renters can still find affordable neighborhoods.

What Are Some of the Best Affordable Neighborhoods to Rent in Detroit?

Searching for affordable neighborhoods to rent in a major U.S. city? Detroit — a place of resilience, reinvention, and deep-rooted community pride —…

Popular Articles

average utilities costs by state

What are apartment utilities & how much will they cost me?

This article was updated in September 2026. What is the average electric bill?Tips for saving money on your electricity billWhat is the average…

Application Process Couple Moving Couch

A step-by-step guide through the rental application process

You did it! You’ve looked at countless apartments online, scheduled walkthroughs all around the city, and finally found your dream apartment. What’s the…

View of Indianapolis, IN, used to compare 2020 affordable rentals to current average rent in 2025.

Mission impossible revisited: What $500 rent got you in 2025 vs. 2020

Renting in some of the nation’s most sought-after cities often means paying top dollar. But if you’re not set on relocating to pricey…

change of address form

Moving soon? Here’s what you need to know about changing your address

Are you heading to a new apartment? If so, we know that moving out of one apartment and into a new one can…

prorated-rent-featured

The nitty-gritty of paying the fair amount: Prorated rent explained

After spending days, weeks, or even months looking, you’ve finally found a rental apartment or house that fits your needs and budget. But…

A young person hugging a large dog on a sunny afternoon.

Breed restrictions: What to know when renting with pets

Pets are family, and your four-legged buddies are a big factor in major decisions, including renting an apartment. The entire process of searching…