Research

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…

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