Rates (Leasing)

Homeownership Among Families with Children Sees Big Drops

Over a 10-year period, the number of homeowner families with minor children dropped by 3.6 million in the United States.

Chicago Apartments Show Widest Rent Gap Between Top- and Low-Rated Locations

RENTCafé analyzed the actual rent difference for apartments located in top-rated locations versus apartments located in average and below average locations.

DC, Miami, NY Most Prosperous Cities Since 2000

RENTCafé recently set out to identify the cities that have improved the most since the turn of the millennium.

Phoenix Tops With Most Single-Family Rentals, Multifamily Still Strong

Usually associated with the suburbs, single-family rentals have expanded much faster than the multifamily stock in no less than 22 of the 30 largest US cities.

U.S. Rent Growth Plateaus for Over a Year, Small Cities Rents Climb

Twenty-nine of the top 30 cities with the highest rent increases in March were in small cities, led by Odessa and Midland, Texas, where rent prices are bouncing back after the most recent drop in oil prices.

Gentrification of Downtown L.A. Pushed Home Values Up by 700 Percent

The apartment search website compiled a ranking of the most gentrified zip codes in the U.S., using data from the 2000 Census Survey and the 2016 American Community Survey.

Demographic Changes Turn 22 More U.S. Cities into Renter-Majority Markets

The population in some 22 large U.S. cities has shifted from owner-majority to renter-majority during the “recession decade,” with Toledo, Ohio; Memphis, Tenn. and Tampa, Fla. seeing the most abrupt changes.

Rental Industry Raising Credit Score Standards

Credit scores of approved applicants have increased by 12 points, on average, since 2014, and in some cases even more.

Baby-Boomers Impact on the Apartment Industry

The renter segment aged 55 and over increased by 28 percent, while renters under 34 years of age increased by only 3 percent between 2009 and 2015.

Rent Growth

Despite the slight drop in overall rents, the year-over-year rate of growth increased to 2.5% nationwide in November, up 10 basis points over October. Overall rents are now $4 off their all-time high of $1,362, which was achieved in September.