55,000 Office-to-Apartment Conversions Underway in Major Cities
Office-to-apartment conversions show office buildings, “once the epicenters of the 9-to-5 grind, are being transformed into the new homes of urbanites, in a pandemic-driven remote-work new reality,” RentCafe says in…
As Human Trafficking Surges, Multifamily Has a Role in the Solution
If you know or suspect someone is a victim of human trafficking, contact the National Human Trafficking Hotline at 1-888-373-7888 (TTY: 711) or SMS text 233733. By Stephanie Anderson Human…
Portland, Metro Area Rents Continue Decline
Portland rents declined 1.0% in December and are now down 5.4% year-over-year, according to the January report from Apartment List. Currently, the overall median rent in the city stands at…
Multifamily Rents Sliding, But Close 2023 With Slight Annual Gain
Multifamily rents extended their downward drop in December, falling for the fifth straight month, though they finished 2023 with a slight annual gain, Yardi Matrix writes in their December 2023…
Top 10 Cities To Watch For Rentals In 2024
Here are the top 10 cities to watch for rentals in 2024 in a RentCafe.com report showing which cities attracted the highest number of online engagements on RentCafe.com in 2023,…
Salt Lake City Rents Dip In December
The Salt Lake City median rent fell by 0.6% over the course of December, and has now decreased by a total of 2.3% over the past 12 months, Apartment List…
Oregon Unsure Where Pandemic Rental Assistance Money Went
Oregon auditors say they are unsure where millions of dollars of pandemic rental assistance relief money for landlords and tenants went, according to an audit from the secretary of state.…
Seasonal Rent Dip Sharper Than Usual
The rental market closed out 2023 with a seasonal rent dip for the fifth straight month of negative rent growth as the nationwide median rent fell by 0.8 percent to…
Multifamily Demand To Stay Positive, But Market Faces Hurdles
Multifamily demand is likely to remain healthy in 2024, though rent growth will be tested by decelerating economic growth and a rapid supply uptick in some markets, Yardi Matrix says…
Where Was The Hottest Rental Market In 2023?
RentCafe took a look back at the hottest rental markets in 2023 and while the Midwest has been getting more competitive, there was a clear winner, according to a report.…