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Rents Forecast to Rise in 2025 and 2026

Rental Housing Journal

CoStar Group forecasts that as the new apartment supply is absorbed, new data shows there will be an increase in rents in 2025 and 2026, ending the lower prices “many renters have had over the last couple of years as a result of the post-COVID multifamily supply glut,” the company says in a release. in Q3 2023.

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2025 To See Decline in Rent Concessions, More Pet-Friendly

Rental Housing Journal

Zillow predicts in 2025 that rent concessions will decline and more rental properties will become pet-friendly. Apartment renters enjoyed a relatively friendly market in 2024, at least compared to the record rent growth seen in 2022, Zillow said in the report.

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National Rents Dip Again In November

Rental Housing Journal

National rents dipped again in November dropping 0.8% and experts expect them to continue to fall in coming months, Apartment List says in the December report. Nationwide rent fell $12 to $1,382, and “we’re likely to see that number dip one more time before the year ends,” the Apartment List research team says.

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Rents Fell In October As Election Heralds Change

Rental Housing Journal

Multifamily and single-family rents fell in October as supply growth continues to delineate the direction of rents by metro, Yardi Matrix says In the Multifamily October Report. “At At the same time, the drop in starts presages another wave of rent growth in 2026 and beyond. Year-over-year growth, 0.9% since January.

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Why People Moved In The Last Year – Fewest In 25 Years

Rental Housing Journal

A new study on why people move confirms that the main reasons people move are for better housing and jobs, according to Rent Caf. Solo renters fasting moving group While moving out and living on ones own seems to be less appealing or achievable compared to pre-pandemic times, solo renters are the fastest-rising renting group.

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National Median Monthly Rent Ended Year Lower Than It Started

Rental Housing Journal

The national median monthly rent closed out 2024 at $1,373 in December, after declining by 0.6 percent, or $8, from the prior month, Apartment List says in their January report , ending the year lower than it started. Year-over-year rent growth nationally also currently stands at -0.6 Read the full report here.

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LA’s Wildfires Have Left Families in Turmoil. Here are 4 Things Rental Property Owners Can Do Now to Help

Rental Housing Journal

Renters with pets cite additional hurdles, such as refundable pet deposits, monthly pet rent, and nonrefundable pet fees, making housing accessibility even more challenging. Sign Up For Our Weekly Newsletter And Get Rental Property And Apartment News And Helpful, Useful Content Each Week. Read the article here.