Renter income growth In small multifamily properties was slightly above the national average, while large multifamily households saw market-leading gains.
Renter income growth In small multifamily properties was slightly above the national average, while large multifamily households saw market-leading gains.
Small multifamily rents have been growing faster in metro areas with rent levels below the national average. This phenomenon has, by and large, also been true for the large multifamily asset class.
Four major California cities were the most expensive areas in the nation for small multifamily rentals, reflecting the state’s ongoing affordability crisis.
Small multifamily rent growth is fueled by the asset class’ proximity to job centers, larger unit sizes and relative affordability to other rental property types.
Market reports and trends pieces topped the list of Chatter’s top 10 most popular posts of 2019. See the articles and topics that you found most interesting this year.
Small multifamily properties are growing the quickest as a share of rental inventory outside of the largest U.S. metro markets.
Sign up for our Jan. 15 webinar for exclusive insights from Ivan Kaufman, President and CEO of Arbor, and Doug Bibby, President of the National Multifamily Housing Council, on the key trends that shaped the multifamily market in 2019 and the issues to watch as we head into the next decade.