Regional Trends

Discover the regional trends within the multifamily market.

Austin cityscape with an overcast, gloomy sky

April 2, 2026

What’s Behind the Cloudy Outlook for the Sun Belt?

Long considered a highflyer in the multifamily industry, the Sun Belt region is now beset by high supply, low demand, and flat or declining asking rents. Here’s why recovery will be slow.

Article

Winner's trophy with apartment building in background

Jay Lybik • April 2, 2026

Rent Growth: Winners and Losers

No longer lagging behind, the Midwest and Northeast are now fighting their way to the top of rent growth charts. How did they end up here, and what’s behind the cloudy outlook for the Sun Belt? Get an overview of the regional and market-level trends, including the top 50 metros.

Webinar

April 2, 2026

February Rent Growth Remains Sluggish

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.

Article

Graph of declining growth superimposed over tall buildings

April 2, 2026

Rent Growth Creeps Upward in January

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.

Article

The Atlanta multifamily market has seen high levels of new construction

April 2, 2026

Q4 Increase in Demand Still Not Enough to Meet 2023’s High Supply

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.

Article

April 2, 2026

Rent Growth Continues to Slip, According to November 2023 Data

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

Article

Connor Devereux • April 2, 2026

Spotlight on Phoenix: State of the Multifamily Market in 2023

Where does one of the most dynamic multifamily markets stand in 2023? CoStar’s Connor Devereux shared his analysis in a recent presentation in Phoenix, Arizona. In the half-hour presentation, he examined the fundamentals of the Phoenix economy, highlighted the recent supply and demand dynamics, and provided an outlook of the multifamily market for 2024.

Webinar

Jay Lybik • April 2, 2026

The New Regional Rent Growth Leader

After skyrocketing growth, the Sun Belt has yielded its crown to a new, often overlooked winner. In this on-demand webinar originally presented at the Apartmentology Learning Lounge, Jay Lybik offers a closer look at the regional shifts in the multifamily market.

Webinar

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