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Multifamily Market Sees Strongest Demand Since 2021 Lowering National Vacancy Rate

American Apartment Owners Association

Multifamily demand expanded at the highest rate since 2021 during the third quarter of this year, with 176,000 units absorbed in an indication of a strong net change in occupancy. Over the first three quarters of 2024, demand for rental apartments has already surpassed last years total by more than 100,000 units. Washington, D.C.,

Apartment 228
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Property managers, here are the 5 top leasing trends of 2025

Buildium

While you may think that this extends only to apartment descriptions and current photos, this ask goes deeper. When Buildium asked renters whether they planned to move from their current rental or stay put, 47% said they planned to remain at their current place of residence, the highest number we’ve seen since 2021.

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Tenants Sue Portland Apartments Over Heating Issues

Rental Housing Journal

million lawsuit against a Portland apartment complex over heating issues, according to reports. The complaint which was first reported by The Oregonian was filed on January 22 by 15 tenants who live in the Glencourt Apartments, against the apartment complex, property managers with The NWV Group, and Turk Investments, LLC.

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Winterization Checklist for Multifamily Apartments

American Apartment Owners Association

When winterizing multifamily rental apartments , it is essential to think beyond storm damage prevention. Data from the Insurance Information Institute shows that winter storms caused a record $15 billion in insured losses in 2021 alone. Cold temperatures, ice buildup, freezing, thawing, and even rain can cause significant issues.

Apartment 130
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Winterization Checklist for Multi-Family Apartments

Beach Front Property Management

When winterizing multifamily rental apartments , it is essential to think beyond storm damage prevention. Data from the Insurance Information Institute shows that winter storms caused a record $15 billion in insured losses in 2021 alone. Keep the home insulated The answer to how to winterize an apartment is to keep it insulated.

Apartment 130
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Rents Rise Slightly For Second Month In A Row

Rental Housing Journal

March saw national rents rise slightly for the second month in a row, according to Apartment Lists April report. In dollar terms, the national median monthly rent now stands at $1,384, up $8 per month compared to last month, but down $5 compared to March 2024, according to the report from the Apartment List Research Team.

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How to Become a Tiny House Landlord

American Apartment Owners Association

Although many people consider a house up to 600 square feet to be a tiny home, the 2021 International Residential Code (IRC) Appendix AQ, stated that tiny houses are dwelling units measuring 400 square feet (37 m 2 ) or less in floor area, excluding lofts. Some tiny homes are actually found in trees.

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