National Report Q3 2023
National 3Q23Multifamily Market Report $1,824 average rent 94.6% average occupancy rate $54.8B ytd sales volume 0.4% YoY rent change -1.2 POINTS yoy occupancy change 2,636 YTD individual transactions Supply & Demand 3Q23 90,837 Units QUARTERLY DEMANDYTD: 184,906 128,130 Units QUARTERLY COMPLETIONSYTD: 320,632 Regional Supply & Demand Comparison West 70,781 36,482 256,444 Midwest 44,040 22,400 101,740 […]
Atlanta Q3 2023
Read the MMG Research departments in-depth analysis and insights into the Atlanta Multifamily Market for Q3 2023.
Austin Q3 2023
Austin 3Q23Multifamily Market Report $1,650 average rent 93.3% average occupancy rate $1.8B ytd sales volume -4.8% YoY rent change -130 POINTS yoy occupancy change 43 YTD individual transactions Supply & Demand 3Q23 4,758 Units QUARTERLY DEMANDYTD: 10,203 6,931 Units QUARTERLY COMPLETIONSYTD: 13,210 Annual Demand vs Completions 2018 10,431 9,235 2019 9,738 9,011 2020 5,988 10,531 […]
Billings Q3 2023
Read the MMG Research departments in-depth analysis and insights into the Little Rock Multifamily Market for Q2 2023.
Boston Q3 2023
Boston 3Q23Multifamily Market Report $2,939 average rent 95.6% average occupancy rate $1.8B ytd sales volume 3.2% YoY rent change -0.9 POINTS yoy occupancy change 46 ytd individual transactions Supply & Demand 3Q23 1,325 Units QUARTERLY DEMANDYTD: 2,966 2,263 Units QUARTERLY COMPLETIONSYTD: 5,096 Annual Demand vs Completions 2018 10,075 7,649 2019 7,427 6,132 2020 2,498 9,400 […]
Charleston Q3 2023
Charleston 2Q23Multifamily Market Report $1,779 average rent 94.0% average occupancy rate $254.25M ytd sales volume 3.6% YoY rent change -1.2 POINTS yoy occupancy change 8 YTD individual transactions Supply & Demand 3Q23 1,021 Units QUARTERLY DEMANDYTD: 1,491 818 Units QUARTERLY COMPLETIONSYTD: 1,974 Annual Demand vs Completions 2018 3,487 3,840 2019 2,205 2,369 2020 3,479 3,727 […]
Charlotte Q3 2023
Charlotte 2Q23 Multifamily Market Report $1,602 average rent 93.7% average occupancy rate $905.5M ytd sales volume -1.3% YoY rent change -1.2 POINTS yoy occupancy change 19 YTD individual transactions Supply & Demand 3Q23 3,429 Units QUARTERLY DEMAND YTD: 8,380 3,956 Units QUARTERLY COMPLETIONS YTD: 10,285 Annual Demand vs Completions 2018 7,951 8,005 2019 8,551 8,200 […]
Chicago Q3 2023
Chicago 3Q23Multifamily Market Report $1,964 average rent 95.3% average occupancy rate $1.5B ytd sales volume 3.5% YoY rent change -0.5 POINTS yoy occupancy change 80 YTD individual transactions Supply & Demand 3Q23 500 Units QUARTERLY DEMANDYTD: 7,053 1,828 Units QUARTERLY COMPLETIONSYTD: 6,317 Annual Demand vs Completions 2018 12,505 9,176 2019 12,522 10,301 2020 1,292 8,643 […]
Cincinnati Q3 2023
Cincinnati 3Q23Multifamily Market Report $1,364 average rent 95.5% average occupancy rate $188.7M ytd sales volume 4.5% YoY rent change -1.4 POINT yoy occupancy change 11 YTD individual transactions Supply & Demand 3Q23 275 Units QUARTERLY DEMANDYTD: 1,046 832 Units QUARTERLY COMPLETIONSYTD: 2,344 Annual Demand vs Completions 2018 3,089 1,651 2019 2,587 1,015 2020 1,733 2,231 […]
Columbus Q3 2023
Read MMG Research departments in-depth analysis and insights into the Columbus Multifamily Market for Q3 2023.
Dallas-Fort Worth Q3 2023
Dallas-Fort Worth 3Q23Multifamily Market Report $1,552 average rent 93.4% average occupancy rate $3.1B ytd sales volume -0.5% YoY rent change -1.6 POINTS yoy occupancy change 88 ytd individual transactions Supply & Demand 3Q23 7,244 Units QUARTERLY DEMANDYTD: 12,866 8,170 Units QUARTERLY COMPLETIONSYTD: 21,291 Annual Demand vs Completions 2018 23,385 24,316 2019 25,821 25,109 2020 20,124 […]
Denver Q3 2023
Denver 3Q23Multifamily Market Report $1,924 average rent 94.2% average occupancy rate $1.58B ytd sales volume 0.7% YoY rent change -1.0 POINT yoy occupancy change 56 YTD individual transactions Supply & Demand 3Q23 3,164 Units QUARTERLY DEMANDYTD: 6,886 2,889 Units QUARTERLY COMPLETIONSYTD: 7,828 Annual Demand vs Completions 2018 11,596 10,772 2019 8,524 8,716 2020 7,529 7,875 […]
Des Moines Q3 2023
Des Moines 3Q23Multifamily Market Report $1,154 average rent 95.3% average occupancy rate $110.4M ytd sales volume 4.4% YoY rent change -1.1 POINT yoy occupancy change 10 YTD individual transactions Supply & Demand 3Q23 257 Units QUARTERLY DEMANDYTD: 337 320 Units QUARTERLY COMPLETIONSYTD: 819 Annual Demand vs Completions 2018 1,409 1,713 2019 1,545 1,203 2020 1,090 […]
Houston Q3 2023
Houston 3Q23Multifamily Market Report $1,367 average rent 93.0% average occupancy rate $1.5B ytd sales volume 0.6% YoY rent change -0.8 POINTS yoy occupancy change 40 ytd individual transactions Supply & Demand 3Q23 6,276 Units QUARTERLY DEMANDYTD: 12,242 6,351 Units QUARTERLY COMPLETIONSYTD: 14,004 Annual Demand vs Completions 2018 3,094 9,623 2019 14,902 9,752 2020 12,572 19,288 […]
Indianapolis Q3 2023
Indianapolis 3Q23Multifamily Market Report $1,261 average rent 93.9% average occupancy rate $303.6M ytd sales volume 3.2% YoY rent change -2.1 POINTS yoy occupancy change 19 ytd individual transactions Supply & Demand 3Q23 707 Units QUARTERLY DEMANDYTD: 806 1,341 Units QUARTERLY COMPLETIONSYTD: 3,027 Annual Demand vs Completions 2018 4,209 4,020 2019 3,095 3,760 2020 3,604 3,047 […]
Jacksonville Q3 2023
Read the MMG Research departments in-depth analysis and insights into the Tampa Multifamily Market for Q3 2023.
Kansas City Q3 2023
Kansas City 3Q23Multifamily Market Report $1,302 average rent 94.9% average occupancy rate $386.7M ytd sales volume 3.3% YoY rent change 4,744 UNITS DELIVERING OVER THE NEXT 4Q 18 YTD individual transactions Supply & Demand 3Q23 899 Units QUARTERLY DEMANDYTD: 2,467 917 Units QUARTERLY COMPLETIONSYTD: 3,556 Annual Demand vs Completions 2018 3,136 3,455 2019 3,644 2,343 […]
Las Vegas Q3 2023
Las Vegas 3Q23Multifamily Market Report $1,462 average rent 92.8% average occupancy rate $383.7M ytd sales volume -4.3% YoY rent change -1.6 POINTS yoy occupancy change 6 YTD individual transactions Supply & Demand 3Q23 334 Units QUARTERLY DEMANDYTD: 676 1,382 Units QUARTERLY COMPLETIONSYTD: 2,960 Annual Demand vs Completions 2018 4,251 3,360 2019 2,446 2,665 2020 5,196 […]
Little Rock Q3 2023
Read the MMG Research departments in-depth analysis and insights into the Little Rock Multifamily Market for Q2 2023.
Louisville Q3 2023
Louisville 3Q23Multifamily Market Report $1,196 average rent 94.2% average occupancy rate $135.7M ytd sales volume 3.0% YoY rent change -1.6 POINTS yoy occupancy change 5 YTD individual transactions Supply & Demand 3Q23 -214 Units QUARTERLY DEMANDYTD: -76 85 Units QUARTERLY COMPLETIONSYTD: 643 Annual Demand vs Completions 2018 2,463 2,020 2019 1,312 1,460 2020 2,401 2,569 […]
Nashville Q3 2023
Nashville 3Q23Multifamily Market Report $1,645 average rent 94.4% average occupancy rate $726.3M ytd sales volume -1.9% YoY rent change -1.4 POINTS yoy occupancy change 20 YTD individual transactions Supply & Demand 3Q23 3,369 Units QUARTERLY DEMANDYTD: 7,606 3,544 Units QUARTERLY COMPLETIONSYTD: 9,147 Annual Demand vs Completions 2018 6,141 6,855 2019 5,170 4,159 2020 3,327 5,321 […]
Northwest Arkansas Q3 2023
Northwest Arkansas 3Q23Multifamily Market Report $1,148 average rent 96.2% average occupancy rate $331.7M ytd sales volume 4.5% YoY rent change -1.4 POINTS yoy occupancy change 22 ytd individual transactions Supply & Demand 3Q23 360 Units QUARTERLY DEMANDYTD: 528 417 Units QUARTERLY COMPLETIONSYTD: 950 Annual Demand vs Completions 2018 942 752 2019 1,595 1,839 2020 1,623 […]
Oklahoma City Q3 2023
Read the MMG Research departments in-depth analysis and insights into the Oklahoma City Multifamily Market for Q3 2023.
Omaha Q3 2023
Read the MMG Research departments in-depth analysis and insights into the Omaha Multifamily Market for Q3 2023.
Orlando Q3 2023
Read the MMG Research departments in-depth analysis and insights into the Tampa Multifamily Market for Q3 2023.
