Multifamily Insights

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.

These 10 Sun Belt markets are struggling with the greatest year-over-year drops in asking rent in the country. This decline in the first quarter of 2024 is thanks to a mismatch between supply and demand.

Rent growth continues to decelerate on both a monthly and annual basis, with only one region of the country seeing a slight uptick compared to January.

Vacancy rates have been on the rise, pushed up by increasing supply and insufficient demand. Currently, 10 major markets lead the nation for above-average vacancy, based on the latest CoStar data for the first quarter of 2024.

The multifamily industry saw a slight uptick in rent growth in January 2024. The Midwest and Northeast have driven the greatest increases in asking rent, while the South continues to lag behind with declining rents.

After a year of record-high supply and declining rent growth, what can the multifamily industry expect to see this year? Here are the top market trends projected by CoStar for the sector in 2024.

The multifamily sector closed the year with a few positive signs amid tough market conditions. Despite the flood of excess supply, absorption ticked upwards in late 2023, rising by 122 percent.

What are the biggest trends and priorities for renters and multifamily operators in 2024? From amenities to advertising, here are the top trends to look out for this year.

From downtowns and financial centers to neighborhoods outside the urban core, these trendy neighborhoods across the country attracted the most rental searches on Apartments.com in 2023.

From West Coast to East Coast, these metropolitan centers were the top locations for rental searches on Apartments.com. Did your city make the list?

The latest rent data from CoStar reveals a slowdown in rent growth across the nation, with a small number of local markets pulling ahead.