4- and 5-Star Properties

Luxury apartments are also known as four- and five-star apartments in the CoStar building rating system.

Windows on exterior of apartment building

April 2, 2026

Luxury Properties Continue to Struggle in First Quarter, Despite Upward Demand Creep

The first quarter of 2024 saw renter demand increase, though not by enough to meet historically high supply, especially in the high-end quality class.

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