Apartment List

As we close out our Rental Market Insights + Predictions series, our Chief Economist, Igor Popov, offers the following perspective: "We won't be just exiting 2025 with a different set of market conditions, but will also be exiting the market with a different set of technological capabilities than we have today." What technological capabilities are you most excited about for 2025? Sound off in the comments below. #RentalMarket2025 #GenAI #MultifamilyInnovation

What’s in store for 2025? We predict new construction will continue to create downward pressure on rents, but developer caution is signaling a potential market shift. Key trends to watch: - Declining multifamily permits suggest the current supply wave may be the last for the foreseeable future. - Elevated mortgage rates will keep potential homebuyers in the rental market. - Vacancy rates expected to stabilize towards year-end. In a market with increasing complexity, what's your top priority for portfolio resilience in 2025? Sound off below! 👇 #MultifamilyRentals #PropertyManagement #RentalMarket2025

As we look ahead to 2025, the multifamily rental market will remain a complex landscape. Unexpected shifts in demographics, technology, and renter behaviors are rewriting the rules. Our Chief Economist has isolated 7 critical predictions to help property management companies navigate the coming year. From mortgage rate impacts to emerging technological trends, the teams that pivot strategically won't just survive – they'll lead. 👉 Uncover our full list of predictions: https://lnkd.in/eENDQfzT #MultifamilyRentals #PropertyManagement #RentalMarket2025

As the year draws to a close, the Apartment List team wants to extend warm wishes to all of our incredible partners and colleagues. We're grateful for the collaborative spirit and meaningful connections we've built together throughout the year. Our recent team retreat in Arizona reminded us of the strength we find in working together and the exciting potential that lies ahead. We're grateful for the partnerships that have defined our journey and the shared successes we've celebrated. Here's to continued success, growth, and partnership. Wishing you the best during this festive season. 💜

After a robust period of lease-ups hitting the market, the pendulum will start to swing in the other direction. As you can see in the chart, multifamily housing permits have declined significantly YoY (-16%). We expect vacancies to peak around Q3-Q4 2025. While rent growth will likely remain soft for the bulk of next year, the good news is that the market is self-correcting. The supply boom will be reined in, setting the stage for a return to more balanced, sustainable growth. How do you think this vacancy outlook will impact your local rental market? Share your predictions in the comments below. 👇

In a historic turn for the rental market, 2024 marks the first full year of negative year-over-year rent growth in our index's history. Here's what December's data reveals: - Monthly Rent Change: -0.8%  - Annual Rent Change: -0.6%  - Median Rent: $1,382 - Vacancy Rate: 6.8% (Matching early pandemic peak) But note, the market isn't uniform, while some regions continue to see rent adjustments, others are experiencing rising vacancies. This divergence highlights the complexity of today's rental landscape. Stay tuned for our deep dive into 2025 predictions! What are you seeing in your local market? Drop a comment below! 👇 #RentalMarket #RealEstateInsights #MultifamilyMarketTrends

In this video, our Chief Economist Igor Popov breaks down the latest #rentalmarket data on how rents have changed across different parts of the country. The numbers don't lie – rents have skyrocketed the most in the suburbs that are furthest from city centers, 30+ miles away. And this suburban rent boom isn't a temporary blip. What's driving renters further from the city? Factors like:  - Remote work flexibility  - Changing lifestyle preferences - The desire for more living space This suburban migration shows zero signs of slowing down as we look ahead to 2025. How will you prepare for the suburban market dominance?

As we head into a new year, it's the perfect time to look ahead. We're excited to share our predictions for 2025 over the next couple weeks. We’ll cover everything from new construction, renter preferences, vacancies, mortgage rates, inflation, and beyond… so you can plan your strategy accordingly. Let's start with an insight from our Chief Economist, Igor Popov. In the video, he discusses a trend that could shake up the multifamily housing industry… As our population ages, more seniors are choosing to stay in their homes rather than downsize. With spare bedrooms to offer, these homeowners represent growing competition for traditional apartment communities. This new trend, along with pressure from short-term rentals and BTR single-family homes, will require multifamily properties to find new ways to stand out. Do you see this playing out in your market? Watch the clip and let us know in the comments 👇 #MultifamilyOutlook #RentalMarketPredictions

"Owning a home has long been a central part of the American Dream." These days, for those who don’t own yet, “that math has kind of changed a little bit,” explains Chris Salviati, Senior Economist at Apartment List, in his Marketplace article feature. 🏠💡 Curious to see Chris' full quote? Read the article and learn why renting is the smarter move in today’s economy → bit.ly/3Bvrr0z.

🚨Are your competitors booking tours while you’re asleep? Recent data indicates 53% of leads arrive after hours and 39% then go unworked. GenAI like Lea Pro is rewriting how forward-thinking PMCs engage with prospects. In our latest blog, we discuss how this tech is transforming the lead-to-lease journey by: - Capturing renters in their moment of inspiration. - Transforming idle inquiries into booked tours. - Turning marketing spend into measurable results. Your leads are waiting. 👉 Unlock the potential: https://bit.ly/41zmOwR #MultifamilyLeasing #GenAI