Rents across the U.S. are dropping fast, as evidenced by new research from Apartments.com.
The findings show pronounced decreases in several major cities. The research, which draws on CoStar Group’s multifamily analytics, underscores a clear rebalance driven by rapid construction and evolving supply-and-demand patterns.
While rent growth has cooled nationwide, the effect is particularly acute in markets where year-over-year income gains have begun to outpace falling rents — a dynamic creating rare windows of affordability for renters and recalibrating commercial real estate investors focused on yield and asset performance.
The slideshow above illustrates 10 U.S. cities where average rents are falling faster than incomes.
This article first published on GlobeSt.com.
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