Tag Archives: RENTCafé

While millions of units are expected to be developed in the coming years, developers are expected to open 460,860 rentals by the end of December. However, a new RentCafe study revealed even that may not be enough to keep up the pace with surging nationwide rental demand as more and more Americans opt for renting over buying.

Rental market competition was moderate this summer compared to last year, according to a new RentCafe study, with Miami named the most competitive rental market during peak moving season, while two other Florida markets also topped the top 10 list.

RentCafe has examined the top U.S. cities that renters with families are settling down in, and of the estimated 68 million Americans raising children while renting, the South overwhelmingly provided them with the best options.

By conservative estimates, up to 1 million multifamily homes are in the pipeline to be completed soon, giving those who are locked-out of the purchase market other options to live.

RentCafe's August Rental Activity Report revealed Arlington, Virginia was named the most sought-after city by renters for the second consecutive month, while New York City boroughs like the Bronx and Queens trailed closely behind.

Inflated home prices and rising interest rates are making renting more appealing to many Americans nationwide, as the construction of new build-to-rent homes hit a record in 2022, according to a new report from RentCafe.

A new analysis from RentCafe revealed the average size of new apartments in 2022 was 887-square-feet, a 54-square-foot drop from a decade ago, due to more studios and one-bedroom apartments entering the market.

A new study from RentCafe breaks down that information and examines where the nation’s most competitive rental markets can be found.

Manhattan is home to the highest share of units that combine residential and office and retail space in the nation, home to nearly 90,000 units.

While competition in the Northeast intensifies, according to new data from RentCafe, Miami-Dade County stands as the nation’s most competitive apartment market in 2022.