Apartment Supply Glut Keeps the Sunbelt Running Last in the National Rent Growth Race With historically low vacancy rates and less supply-side pressure than other regions across the country, the Midwest multifamily market could maintain its standing on the national asking-rent-growth leaderboard longer than usual. The Midwest’s national rent growth leadership is being driven by…

Forget the coasts! The Midwest is experiencing a resurgence, fueled by affordable living, a return of manufacturing jobs, and a thriving quality of life. Cities like Des Moines, Iowa, and Sioux Falls, South Dakota are booming, attracting families, young professionals, and retirees seeking a stable and enriching place to call home.

The  multifamily  investment landscape is evolving, and savvy investors are taking note. While concerns about rising construction and potential vacancy rate increases hang over the national market, one region is quietly emerging as an promising investment alternative: the Midwest. Midwest Rent Growth Defies National Slowdown Michael Gerrity, editor of The World Property Journal, reports that 2023 witnessed a…