Rent Growth
Freddie Mac Forecasts 2.5% Average Multifamily Rent Growth in 2024
December 20, 2023
Rent Growth Will Moderate vs. Historical Averages Freddie Mac, one of the nation’s biggest buyers of multifamily mortgage loans, predicts that multifamily rent growth across the United States will increase by 2.5% in 2024, with declining rents in certain markets that are experiencing pressure from new supply. Freddie Mac’s forecast of 2.5% rent growth nationwide…
Cincinnati Leads Nationwide Multifamily Rent Growth
November 30, 2023
Cincinnati has emerged as one of the leading nationwide markets for rent growth — not just in the Midwest, but in the entire country. Louisville, Kentucky, was also a strong performer. Rents in Louisville and Cincinnati grew be about 3.1% and 3.4%, respectively, as of the third quarter and these two markets ranked among the…
Cincinnati Leads the Country in Multifamily Rent Growth
October 22, 2023
The Midwest region has topped the charts for multifamily rent growth since the start of 2023, and third-quarter data show that the region continues to post healthy gains. Several factors, including affordability, a balanced population growth and relatively limited completions compared to high-growth Southeast and Southwest markets, support steady rent growth throughout the Midwest. Cincinnati…
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