22 renters vie for each unit in America’s toughest rental market

Miami saw an average of 22 renters compete for every available apartment in 2023, compared to a national average of just nine, according to a new report released earlier this week from RentCafe. Continue reading

The pandemic unleashed a flood of office-to-residential conversions

New adaptive reuse apartments are growing at a faster rate than new construction apartments, jumping 25 percent over the past two years, compared to a 10 percent increase in new construction apartments. Continue reading

Small, outdoor-friendly rental markets thrived in 2021: RentCafe

As would-be homebuyers opted out of the for-sale market due to harsh market conditions in 2021, renters turned to alternative markets with space and access to nature, a recent year-end study from RentCafe found. Continue reading

Tenant experience apps: Who they’re for and what they do

Property managers say they want to add new tenant features to their web portals and mobile apps. These services want their business. Continue reading

Rent growth slows amid coronavirus pandemic

Rents still increased in March, but the growth slowed at a time when rents would normally be rising more quickly. Continue reading

56% of renters still plan to move despite ongoing pandemic

RentCafe’s latest sentiment survey shows the majority of renters aren’t canceling their moving plans despite fears about a worsening COVID-19 pandemic. Continue reading

Rental season ‘completely derailed’ by coronavirus

Apartment search company RentCafé said that in the last week searches for apartments on its site have fallen 25 percent. Continue reading

Rents in the U.S. just keep going up and up

The average rent was up 3.2 percent year-over-year in June. Last month also saw the biggest average rent increase in more than a year Continue reading

The number of older renters in the US is skyrocketing

The research, unveiled this week by apartment search website RentCafé, shows that between 2007 and 2017, the number of renter households aged 60 and older jumped from 6.5 million to 9.4 million, or an increase of 43 percent. Continue reading