Three Midwest Markets Where Vacancy Has Declined in 2024
Looking at the factors affecting the declining vacancy rate
San Antonio 1Q24
An interactive look into the Multifamily Construction Pipeline in Q2 for St. Louis, Missouri
St. Louis 1Q24
An interactive look into the Multifamily Construction Pipeline in Q1 for St. Louis, Missouri
Tampa 1Q24
An interactive look into the Multifamily Construction Pipeline in Q2 for St. Louis, Missouri
Tulsa 1Q24
An interactive look into the Multifamily Construction Pipeline in Q2 for St. Louis, Missouri
Wichita 1Q24
An interactive look into the Multifamily Construction Pipeline in Q1 for Wichita
The Rising Appeal of Small & Midsize Texas Markets
In a notable shift for 2024 within Texas, a healthy proportion of small and mid-sized Texas apartment markets are poised to surpass the major Texas markets that have historically led the state in rent growth.
Atlanta 2024 Forecast
Atlanta 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,577 4Q 2023 $1,603 4Q 2024 2024 RENT CHANGE 1.6% OCCUPANCY RATE 90.5% 4Q 2023 90.2% 4Q 2024 2024 OCCUPANCY CHANGE -30 BASIS POINTS EMPLOYMENT* 1.30M 2023 1.31M 2024 UNEMPLOYMENT RATE** 3.4% 2023 4.0% 2024 * Please note that these employment figures have been adjusted for seasonal variations and are […]
Austin 2024 Forecast
Austin 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,560 4Q 2023 $1,570 4Q 2024 2024 RENT CHANGE 0.6% OCCUPANCY RATE 91.4% 4Q 2023 91.0% 4Q 2024 2024 OCCUPANCY CHANGE -40 POINTS EMPLOYMENT* 1.32M 2023 1.34M 2024 UNEMPLOYMENT RATE** 3.5% 2023 3.5% 2024 * Please note that these employment figures have been adjusted for seasonal variations and are […]
Boston 2024 Forecast
Boston 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $2,728 4Q 2023 $2,845 4Q 2024 2024 RENT CHANGE 4.3% OCCUPANCY RATE 96.1% 4Q 2023 95.8% 4Q 2024 4Q 2024 OCCUPANCY CHANGE -30 POINTS EMPLOYMENT* 2.87M 2023 2.90M 2024 UNEMPLOYMENT RATE** 2.7% 2023 3.0% 2024 * Please note that these employment figures have been adjusted for seasonal variations and […]
Charlotte 2024 Forecast
Charlotte 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,533 4Q 2023 $1,564 4Q 2024 2024 RENT CHANGE 2.0% OCCUPANCY RATE 92.2% 4Q 2023 91.9% 4Q 2024 4Q 2024 OCCUPANCY CHANGE -30 points EMPLOYMENT* 1.35M 2023 1.37M 2024 UNEMPLOYMENT RATE** 3.2% 2023 3.7% 2024 * Please note that these employment figures have been adjusted for seasonal […]
Chicago 2024 Forecast
Chicago 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,685 4Q 2023 $1,751 4Q 2024 2024 RENT CHANGE 3.9% OCCUPANCY RATE 95.1% 4Q 2023 94.9% 4Q 2024 2024 OCCUPANCY CHANGE -20 POINTS EMPLOYMENT* 4.77M 2023 4.79M 2024 UNEMPLOYMENT RATE** 4.2% 2023 4.5% 2024 * Please note that these employment figures have been adjusted for seasonal variations and are based […]
Cincinnati 2024 Forecast
Cincinnati 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,201 4Q 2023 $1,256 4Q 2024 2024 RENT CHANGE 4.5% OCCUPANCY RATE 94.7% 4Q 2023 94.4% 4Q 2024 2024 OCCUPANCY CHANGE -30 points EMPLOYMENT* 1.16M 2023 1.17M 2024 UNEMPLOYMENT RATE** 3.2% 2023 4.0% 2024 * Please note that these employment figures have been adjusted for seasonal variations […]
Columbus 2024 Forecast
Columbus 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,237 4Q 2023 $1,282 4Q 2024 2024 RENT CHANGE 3.6% OCCUPANCY RATE 93.7% 4Q 2023 93.4% 4Q 2024 2024 OCCUPANCY CHANGE -40 BASIS POINTS EMPLOYMENT* 1.15M 2023 1.17M 2024 UNEMPLOYMENT RATE** 3.1% 2023 3.8% 2024 * Please note that these employment figures have been adjusted for seasonal variations and are based […]
Dallas-Fort Worth 2024 Forecast
Dallas-Fort Worth 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,492 4Q 2023 $1,535 4Q 2024 2024 RENT CHANGE 2.9% OCCUPANCY RATE 91.9% 4Q 2023 91.6% 4Q 2024 2024 OCCUPANCY CHANGE -30 BASIS POINTS EMPLOYMENT* 4.27M 2023 4.35M 2024 UNEMPLOYMENT RATE** 3.8% 2023 3.9% 2024 * Please note that these employment figures have been adjusted for seasonal variations and are […]
Denver 2024 Forecast
Denver 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,815 4Q 2023 $1,848 4Q 2024 2024 RENT CHANGE 1.8% OCCUPANCY RATE 94.1% 4Q 2023 93.8% 4Q 2024 4Q 2024 OCCUPANCY CHANGE -30 points EMPLOYMENT* 1.59M 2023 1.60M 2024 UNEMPLOYMENT RATE** 3.1% 2023 3.3% 2024 * Please note that these employment figures have been adjusted for seasonal […]
Des Moines 2024 Forecast
Des Moines 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,089 4Q 2023 $1,135 4Q 2024 2024 RENT CHANGE 4.2% OCCUPANCY RATE 94.1% 4Q 2023 93.9% 4Q 2024 2024 OCCUPANCY CHANGE -20 points EMPLOYMENT* 390.8K 2023 392.5K 2024 UNEMPLOYMENT RATE** 2.8% 2023 3.2% 2024 * Please note that these employment figures have been adjusted for seasonal […]
El Paso 2024 Forecast
El Paso 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,016 4Q 2023 $1,058 4Q 2024 2024 RENT CHANGE 4.1% OCCUPANCY RATE 94.7% 4Q 2023 94.4% 4Q 2024 4Q 2024 OCCUPANCY CHANGE -30 BASIS POINTS EMPLOYMENT* 339.8K 2023 342.9K 2024 UNEMPLOYMENT RATE** 4.5% 2023 4.9% 2024 * Please note that these employment figures have been adjusted for seasonal variations […]
Houston 2024 Forecast
Houston 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,301 4Q 2023 $1,333 4Q 2024 2024 RENT CHANGE 2.5% OCCUPANCY RATE 91.0% 4Q 2023 90.7% 4Q 2024 2024 OCCUPANCY CHANGE -30 points EMPLOYMENT* 3.35M 2023 3.42M 2024 UNEMPLOYMENT RATE** 4.4% 2023 4.2% 2024 * Please note that these employment figures have been adjusted for seasonal variations […]
Indianapolis 2024 Forecast
Indianapolis 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,213 4Q 2023 $1,256 4Q 2024 2024 RENT CHANGE* 3.5% OCCUPANCY RATE 92.0% 4Q 2023 91.6% 4Q 2024 2024 OCCUPANCY CHANGE -30 BASIS POINTS EMPLOYMENT** 1.16M 2023 1.18M 2024 UNEMPLOYMENT RATE*** 3.1% 2023 3.8% 2024 * The rent change figure represents the change of the rental rate based on the entire […]
Jacksonville 2024 Forecast
Jacksonville 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,443 4Q 2023 $1,478 4Q 2024 2024 RENT CHANGE 2.4% OCCUPANCY RATE 90.6% 4Q 2023 90.3% 4Q 2024 2024 OCCUPANCY CHANGE -30 points EMPLOYMENT* 805.4K 2023 819.7K 2024 UNEMPLOYMENT RATE** 2.8% 2023 3.6% 2024 * Please note that these employment figures have been adjusted for seasonal variations […]
Kansas City 2024 Forecast
Kansas City 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,233 4Q 2023 $1,282 4Q 2024 2024 RENT CHANGE 4.0% OCCUPANCY RATE 93.3% 4Q 2023 93.0% 4Q 2024 2024 OCCUPANCY CHANGE -30 BASIS POINTS EMPLOYMENT* 1.13M 2023 1.14M 2024 UNEMPLOYMENT RATE** 2.9% 2023 3.4% 2024 * Please note that these employment figures have been adjusted for seasonal variations and are […]
Little Rock 2024 Forecast
Little Rock 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $962 4Q 2023 $998 4Q 2024 2024 RENT CHANGE 3.7% OCCUPANCY RATE 90.5% 4Q 2023 89.9% 4Q 2024 4Q 2024 OCCUPANCY CHANGE -60 BASIS POINTS EMPLOYMENT* 385.0K 2023 387.6K 2024 UNEMPLOYMENT RATE** 2.7% 2023 3.4% 2024 * Please note that these employment figures have been adjusted for seasonal variations and […]
Louisville 2024 Forecast
Louisville 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,124 4Q 2023 $1,170 4Q 2024 2024 RENT CHANGE 4.1% OCCUPANCY RATE 93.4% 4Q 2023 93.6% 4Q 2024 4Q 2024 OCCUPANCY CHANGE +20 points EMPLOYMENT* 691.7K 2023 697.2K 2024 UNEMPLOYMENT RATE** 3.6% 2023 4.1% 2024 * Please note that these employment figures have been adjusted for seasonal […]
Nashville 2024 Forecast
Nashville 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,594 4Q 2023 $1,624 4Q 2024 2024 RENT CHANGE 1.9% OCCUPANCY RATE 92.6% 4Q 2023 92.3% 4Q 2024 4Q 2024 OCCUPANCY CHANGE -30 POINTS EMPLOYMENT* 1.16M 2023 1.17M 2024 UNEMPLOYMENT RATE** 2.6% 2023 3.0% 2024 * Please note that these employment figures have been adjusted for seasonal variations and are based […]
