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Multifamily rental growth update through October 2023

MRI Software

The yellow highlights draw your attention to those markets whose overall average occupancy dropped below 90% in October, a threshold known as the point where a market transitions from a ‘Landlord Market’ to a ‘Renter Market.’ Current rent growth Lower occupancy puts rent levels under pressure. Deliveries are outpacing demand.

Rent 52
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Multifamily rental growth update through September 2023

MRI Software

The yellow highlights draw attention to those metros with an average occupancy dropping below 90%, a threshold that has historically been the point at which a market transitions from a ‘Landlord Market’ to a ‘Renter Market.’ Current rent growth Lower occupancy puts rent levels under pressure. Deliveries are outpacing demand.

Rent 52
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Multifamily rental growth update through November 2023

MRI Software

The yellow highlights draw your attention to those markets whose overall average occupancy dropped below 90%, a threshold known as the point where a market transitions from a ‘Landlord Market’ to a ‘Renter Market’ and concessions prevail. Current rent growth Lower occupancy puts rent levels under pressure. off-market to -6.7%.

Rent 52
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Staying Ahead of Market Trends: Colorado Springs Property Management Insights for 2024

Muldoon Associates

In fact, it’s increased by 15 percent since 2010. Colorado Springs Rental Values While rents are peaking and even dropping elsewhere, they’re still rising in Colorado Springs. Recent statistics show that between January and July of 2023, the average rent in Colorado Springs is 0.6% So many experts were sure it was coming.

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Is Investing in Colorado Springs Real Estate Right for You? A 2024 Guide

Muldoon Associates

As with any investment, there are rewards and challenges to buying property here, but there’s a sustained interest in buying and renting out homes because there’s such a high demand of people who are looking for those homes. There was a 15 percent increase from 2010 to 2020, and there are still more and more people moving into the area.