Rent Growth

Midwest Rent Growth: The Eye-Opening Shift You Need to See Before 2025

June 20, 2024

Apartment Supply Overhang Keeps the Sun Belt Running Last in the Rent Growth Race Since late 2022, the Midwest has steadily risen as the national leader in multifamily rent growth. That trend is not only holding—it’s accelerating through 2024. This marks a sharp reversal from years past. Prior to the pandemic, Sun Belt markets consistently…

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It’s Here: This is the Freddie Mac Forecast, 2.5% Average Multifamily Rent Growth in 2024

December 20, 2023

Nationwide Rent Growth Expected to Moderate According to Freddie Mac’s 2024 multifamily forecast, nationwide apartment rent growth is projected to increase by 2.5%—slightly below the annual average nationwide rent growth for the past two decades. However, certain regions, particularly those with high levels of new supply, may experience rent declines in the short term. Despite…

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The Hidden Surge: How Louisville and Cincinnati Crushed Expectations in Q3 2024 Rent Growth

November 30, 2023

Midwest Markets Continue to Dominate Rent Growth Cincinnati has emerged as one of the top-performing rental markets in the country, not just within the Midwest but across the entire United States. Alongside Louisville, Kentucky, the city has posted some of the strongest rent gains in Q3 2024. Cincinnati continues to reinforce its strength in national…

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