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Columbus Among Top US Markets for Apartment Rent Growth
July 15, 2024
Columbus, Ohio, ended the second quarter with one of the strongest 12-month rent growth figures of any major apartment market in the United States. Apartment rents in Columbus climbed 2.9% over the past year, according to CoStar data. That is among the top 10 markets in the U.S. with an inventory of at least 75,000 units….
Midwest Could Maintain Multifamily Rent Growth Leadership Into 2025
June 20, 2024
Louisville, Kentucky, has led the Midwest as the surprising market leader in multifamily rent growth over other parts of the country. Louisville apartments posted an average annual rate increase of 5.1% with a vacancy rate of 7.0%. The Midwest has emerged as a surprising leader in apartment rent growth, a trend that began at the…
Columbus Apartment Deliveries Decline; Fundamentals Strengthen
June 9, 2024
Columbus is the state capital of OH, and it is home to the state university, the Ohio State University. Columbus is also home to a number of diverse employers, including several Fortune 500 employers. This creates strong demand for rental housing in Columbus, and developers are never shy to meet the moment. For this reason,…