Aerial of Springfield Missouri

Springfield Q3 2026 Market Report

Springfield's apartment market is in a strong position as its construction pipeline effectively empties. Just 37 units remain under construction, down 98% from the 2023 peak... [Read More]

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Aerial of Springfield Missouri

Springfield Q3 2026 Market Report

Springfield's apartment market is in a strong position as its construction pipeline effectively empties. Just 37 units remain under construction, down 98% from the 2023 peak...
Minneapolis, Minnesota, USA Downtown City Skyline at Dusk

Twin Cities Q3 2026 Market Report

The market should maintain relative balance between supply and demand over the coming quarters. Occupancy is projected to hold roughly steady as a temporary uptick in first-quarter 2027 deliveries work through lease-up before the broader pipeline continues to thin...
Milwaukee, Wisconsin, USA Skyline

Milwaukee Q3 2026 Market Report

Milwaukee's multifamily market stands among the tightest in the Midwest, with occupancy at 96.4% and annual rent growth accelerating to 3.5%...
Indianapolis, Indiana, USA

Indianapolis Q3 2026 Market Report

Indianapolis has reached a turning point in its supply cycle. Annual demand has overtaken new deliveries for the first time in more than four years...

Wichita Q3 2026 Market Report

Wichita has settled into a position of steady strength. Annual absorption of 587 units has climbed back to its long-run average and now exceeds...

Omaha Q3 2026 Market Report

Omaha’s recovery should continue at a measured pace over the next several quarters. Annual rent growth is projected to turn positive by year-end and hold...
Des Moines, Iowa, USA at the Capitol Building

Des Moines Q3 2026 Market Report

The Des Moines market should continue to see fundamentals firm gradually over the next several quarters, with occupancy holding roughly steady in the low-93% range...
Chicago at dusk

Chicago Q3 2026 Market Report

The Chicago market will maintain a position of relative strength over the near term, even as modest supply pressure limits rapid occupancy gains...
Detroit, Michigan, USA Downtown Skyline at Dusk

Detroit Q3 2026 Market Report

Detroit has entered a period of steady, broad-based improvement. Annual demand has outpaced new deliveries for more than two years...

Clarksville Q3 2026 Market Report

Clarksville enters the final quarter of 2026 on steadier footing than a year ago. Annual absorption of 560 units has stayed ahead of new deliveries for a full year, while...

Cincinnati Q3 2026 Market Report

Cincinnati's supply pressure should continue easing as the pipeline works through its remaining deliveries, though the near-term path is uneven rather than a clean turnaround...
Cleveland, Ohio, USA Skyline

Cleveland Q3 2026 Market Report

Cleveland's multifamily market should continue to see pressure ease gradually. The under construction pipeline sits near its lowest level in years, but occupancy will...
Columbus, Ohio, USA Skyline

Columbus Q3 2026 Market Report

Columbus's recovery continues to progress. The active pipeline has fallen to its lowest level since 2018, and quarterly deliveries are projected to ease...
St. Louis, Missouri, USA Skyline

St. Louis Q3 2026 Market Report

The St. Louis rental market enters the final stretch of 2026 with its supply pipeline at the thinnest level in years. Units under construction have fallen to...
Kansas City, Missouri, USA downtown skyline with Union Station

Kansas City Q3 2026 Market Report

Kansas City's rental market continued moving toward a more balanced supply-demand environment in Q3 2026. Trailing 12-month absorption now roughly matches...
American flag with Manhattan skyline.

National Q3 2026 Market Report

The macroeconomic backdrop has proven more resilient than many anticipated earlier in the year. The final Q2 GDP estimate was revised up sharply to 2.2%...
Aerial of Springfield Missouri

Springfield, MO Q2 2026 Market Report

Springfield is past the peak of its supply cycle, and the market's trajectory over the next two to four quarters should favor improving fundamentals...

Twin Cities Q2 2026 Market Report

Minneapolis is moving past the peak of its supply cycle into a more balanced operating environment. Both completions and new construction starts have pulled back sharply...
Indianapolis, Indiana, USA

Indianapolis Q2 2026 Market Report

Indianapolis is well into the late stages of its supply cycle, with both construction starts and deliveries declining while demand gains momentum...
Milwaukee, Wisconsin, USA Skyline

Milwaukee Q2 2026 Market Report

Milwaukee enters the second half of 2026 from a position of strength, leading its Midwest peer group in occupancy and ranking a close second in rent growth...
Des Moines, Iowa, USA at the Capitol Building

Des Moines Q2 2026 Market Report

Des Moines enters the second half of 2026 with its supply cycle clearly past peak. Starts have fallen sharply and the pipeline continues to thin, while demand has stayed in step...

Omaha Q2 2026 Market Report

Omaha’s multifamily market is navigating the back half of an elevated supply cycle, with conditions pointing toward gradual improvement over the next two to four quarters…

Wichita Q2 2026 Market Report

Wichita’s supply cycle is past its peak, though the market is still working through the tail end of an unusually large delivery wave…
Tulsa, Oklahoma, USA Skyline

Tulsa Q2 2026 Market Report

Tulsa’s multifamily market is entering a late-cycle transition with increasingly favorable supply-demand dynamics…
Oklahoma City, Oklahoma, USA Downtown Cityscape

Oklahoma City Q2 2026 Market Report

Oklahoma City’s supply cycle is entering its late stage. The wave of new construction that weighed on the market for the better part of two years has largely…

Chicago Q2 2026 Market Report

Chicago’s multifamily market is positioned favorably as it moves through the balance of 2026. With the construction pipeline at just 1.6% of base inventory, and contracting…
Detroit, Michigan, USA downtown skyline

Detroit Q2 2026 Market Report

Detroit’s multifamily market is positioned favorably heading into the back half of 2026. A contracting construction pipeline, now down to 4,179 units under construction at just 1.8% of inventory, paired with...
Cleveland, Ohio, USA Skyline

Cleveland Q2 2026 Market Report

Cleveland’s multifamily market sits at an early-cycle inflection point. Quarterly absorption is accelerating, rent growth is building momentum, and occupancy compression is...

Clarksville Q2 2026 Market Report

Clarksville enters the second half of 2026 at a pivotal point in its supply cycle. The prior delivery wave has largely receded, with trailing 12-month completions of 262 units...

St. Louis Q2 2026 Market Report

Saint Louis is positioned in the early stages of a favorable supply cycle. With new completions down 43% over the past 12 months and just 3,349 units under construction…
Kansas City, Missouri, USA downtown skyline with Union Station

Kansas City Q2 2026 Market Report

Kansas City’s multifamily market has reached a constructive inflection point. With absorption matching deliveries and starts down 35% year-over-year…

Twin Cities Q1 2026 Market Report

Minneapolis has moved decisively past the peak of its supply cycle. Trailing completions have fallen more than...
Des Moines, Iowa, USA at the Capitol Building

Des Moines Q1 2026 Market Report

Des Moines's near-term setup points to gradual improvement as deliveries ease and absorption continues to strengthen. With the construction pipeline sitting...

Omaha Q1 2026 Market Report

Omaha's supply cycle is transitioning from peak pressure toward a more manageable forward environment. Starts have fallen sharply from their...
Milwaukee, Wisconsin, USA Skyline

Milwaukee Q1 2026 Market Report

Milwaukee's supply cycle has shifted decisively. Completions have fallen by more than half from their prior-period peak, the active pipeline...

St. Louis Q1 2026 Market Report

Saint Louis enters the back half of the supply cycle with improving conditions. The active pipeline stands at 2.0% of inventory and starts have declined...

Minneapolis Q3 2026 Pipeline Report

An interactive look into the Multifamily Construction Pipeline in Q3 for Minneapolis, Minnesota

Omaha, Nebraska, USA Downtown Cityscape

Omaha Q3 2026 Pipeline Report

An interactive look into the Multifamily Construction Pipeline in Q3 for Omaha, Nebraska
Des Moines, Iowa, USA Skyline at Dusk

Des Moines Q3 2026 Pipeline Report

An interactive look into the Multifamily Construction Pipeline in Q3 for Des Moines, Iowa

Wichita Q3 2026 Pipeline Report

An interactive look into the Multifamily Construction Pipeline in Q3 for Wichita, Kansas

Milwaukee Q3 2026 Pipeline Report

An interactive look into the Multifamily Construction Pipeline in Q3 for Milwaukee, Wisconsin
Chicago at dusk

Chicago Q3 2026 Pipeline Report

An interactive look into the Multifamily Construction Pipeline in Q3 for Chicago, Illinois

Detroit, Michigan, USA Downtown Skyline at Dusk

Detroit Q3 2026 Pipeline Report

An interactive look into the Multifamily Construction Pipeline in Q3 for Detroit, Michigan

Indianapolis, Indiana, USA

Indianapolis Q3 2026 Pipeline Report

An interactive look into the Multifamily Construction Pipeline in Q3 for Indianapolis, Indiana

Cleveland, Ohio, USA Skyline

Cleveland Q3 2026 Pipeline Report

An interactive look into the Multifamily Construction Pipeline in Q3 for Cleveland, Ohio
Columbus, Ohio, USA Downtown on the River

Columbus Q3 2026 Pipeline Report

An interactive look into the Multifamily Construction Pipeline in Q3 for Columbus, Ohio
Cincinnati, Ohio, USA Downtown Skyline

Cincinnati Q3 2026 Pipeline Report

An interactive look into the Multifamily Construction Pipeline in Q3 for Cincinnati, Ohio
St. Louis, Missouri, USA Skyline

St. Louis Q3 2026 Pipeline Report

An interactive look into the Multifamily Construction Pipeline in Q3 for St. Louis, Missouri
Kansas City, Missouri, USA downtown skyline with Union Station

Kansas City Q3 2026 Pipeline Report

An interactive look into the Multifamily Construction Pipeline in Q3 for Kansas CIty, Missouri
American flag with Manhattan skyline.

National Q3 2026 Pipeline Report

An interactive look into the National Multifamily Construction Pipeline in Q3.

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