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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

Enable online rent and deposit payments. While you may think that this extends only to apartment descriptions and current photos, this ask goes deeper. Among the factors that influenced their decision, their perception of the value of their current rental weighed against the rent they’re paying. Set up a tenant portal.

Lease 223
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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. While the last two months have seen some rent increases, overall national year-over-year growth remains negative at -0.4 At the local level, 82 of the nations 100 largest cities saw rents rise in March.

Rent 96
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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.

Landlord 255
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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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Resident-Centered Housing Practices Gain Momentum

American Apartment Owners Association

After a volatile period in commercial real estate, many multifamily borrowers that seek to increase the stability and profitability of their apartment buildings have a new take on a business basic: customer service. “What makes a tenant base want to stay in their apartment? How do we build community?

Lease 235
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2025 rental market predictions: 14 property management trends to prepare your business for

Buildium

Prediction #1: The Historic Rate of Apartment Construction Will Slow Down In 2025, the total number of completed apartments is expected to fall by 20%, according to RealPage Analytics. A similar trend is expected to play out in the build-to-rent sector.) million new households were created throughout 2023—down from 2.3