The multifamily market is increasingly defined by regional extremes, a new report from Apartments.com, Arlington, Va., has found.
Tag: Rentals
Minimum-Wage Workers Outpriced for Rentals in All Major U.S. Cities
Best Interest Financial, St. Clair, Mich., and Clever Real Estate, St. Louis, released a new study finding that a single minimum-wage worker would not be able to afford the rent for a one-bedroom unit in any of the country’s 50 largest metros.
Redfin Reports Renter Population Grew 1% in Fourth Quarter
The number of renter households in America increased 0.8% year over year to 45.4 million in the fourth quarter—the slowest growth since the first quarter of 2023, according to a new report from Redfin.
RentCafe: Miami, Chicago Area Top Rental Competition List
RentCafe, Santa Barbara, Calif., reported that while the hottest spot for renters is Miami, the Chicago suburbs are a close rival.
CBRE: Renting Less Expensive Than Mortgage Payments
CBRE, Dallas, released a new report finding average mortgage payments are 38% higher than average apartment rents as of year-end.