Category Archives: Rents

Are Renter Roommates Doubling Up or Un-Doubling?

Approximately 43.7 million renter households existed in the U.S. in 2015 (the latest data available), according to the Census Bureau’s American Community Survey — about 37% of all households. Of those, 20.7 million are “nonfamily” households which may contain only … Continue reading

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Job Growth Decline + Peak Apartment Supply = Rent Growth Drop

The correlation between job growth and effective rent growth is well-known. But if you needed further proof, it came in the most recent jobs numbers – not to mention the influx of new apartment supply, apartment rental data shows. National … Continue reading

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Reis: Rent-Growth Deceleration Continues in 1Q ’17

The average U.S. apartment asking rent grew 0.4% in the first quarter of 2017, up to $1,315, and by 3.3% on a year-over-year (YOY) basis since the first quarter of 2016, according to Reis’1Q 2017 Apartment Sector Preliminary Trends Release. … Continue reading

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Report Dropping Apartment Occupancy, but Rents Continue to Grow

New apartment properties completed in late 2016 and early 2017 are scrambling to land their initial residents. Rental housing occupancy is dropping, especially in the high-end apartment product niche, as a sizable wave of new buildings came on stream in … Continue reading

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The Features That Are Increasing Your Rent

Picking the right apartment is an important life decision. For most, that means finding the right balance between location, space, and affordability. As housing continues to take up more and more of the average American’s income, understanding the value you’re … Continue reading

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Apartment Demand, Rent Growth Stay Strong

“The apartment sector’s winning streak has run seven full years so far,” Willett says. RICHARDSON, TX—“Rent growth doesn’t have to reach best-ever readings to be strong,” says Greg Willett, chief economist at RealPage. The firm said Tuesday that while rent … Continue reading

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It’s Coming: Preparing for the Rent Plateau or Decline

Inevitably, the sizzling apartment market occupancy rate had to cool off at some point. That time might be just around the corner. According to a recent report by the National Multifamily Housing Council, rent softening is already underway in a … Continue reading

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