Apartment Demand, Rent Growth Reach New Highs

The apartment market reached record highs for demand, occupancy and rent growth in the first quarter–toppling previous multi-decade peaks set last year, reported RealPage, Richardson, Texas.

Rent Payment Percentages Vary by Class, Market

Apartment rent payments have held up reasonably well during the global COVID-19 pandemic, but a report says different markets and different classes report very different results.

Apartment Rents Up 13% Year Over Year

Apartment rents increased nearly 13 percent nationwide over the past year–the highest rate in at least two years–but growth slowed slightly in October, reports from Redfin and RealPage said.