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Affordable Rentals Vanish: Sub-$1K Apartments Now Just 7.5% of Market

American Apartment Owners Association

An accelerating surge in apartment rents is tightening the squeeze on the most affordable segments of the U.S. According to a new report from Redfin, renters seeking apartments under $1,000 a month are increasingly struggling to relocate as rising costs force them to stay in place longer and the number of new listings continues to dwindle.

Apartment 130
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Meet Azilee Burt, Yardi Solutions Consultant In Affordable Housing

Yardi Breeze

I began working here in 2012. What sets Breeze Premier apart from other affordable housing property management solutions? I was born in Atlanta and raised in a suburb named Dunwoody. I currently live about 30 minutes north of there in a smaller but swiftly growing town. How did your career begin at Yardi?

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2024 Annual Rental Housing Report Key Takeaways

Rental Choice

Softening Rental Markets According to the report, apartment growth has stalled. However, rent growth for apartments with professional management fell during the third quarter (Q3) of 2023. Yes, many new apartments may become available according to the 2024 rental market predictions. million affordable units since 2012.

Apartment 130
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Scam Ahead

American Apartment Owners Association

Take the major Ponzi case that she worked on, which resulted in a 14-year prison sentence for California businessman David Lincoln Johnson in 2012. That case involved an Inland Empire company called Financial Solutions, which promised investors returns between 5 and 20 percent per month.