Northeast Commuter Markets Offer Rent Savings
https://www.realpage.com/analytics/northeast-webcast-recap-1q-2025/
Some small Northeast markets continue to provide affordable rental options for commuters.
Some small Northeast markets continue to provide affordable rental options for commuters.
Job growth was down for most markets across the U.S. in February 2025, though Census boundary changes affected some more than others.
As demand has slowed, some of the typical market leaders for apartment demand turned into some of the worst performing metros nationwide.
Fourteen markets nationwide will receive over 10,000 new apartment units in 2025, led by nearly 35,000 units expected in New York.
Only six major markets managed modest (and sometimes near-stagnant) growth to new leases while the nation at large was slashing rents throughout 2024.
Explore insights into apartment supply volumes that have been plentiful in Manhattan’s commuter submarkets in the past decade.
In 2025's 3rd quarter, roughly 1,680 apartment properties changed hands at a value of $43.8 billion.
Dallas knocked New York out of the top spot for employment growth in November.
In a year of peak apartment supply volumes across the U.S., these are the markets that gained the most new units.
Two-thirds of RealPage’s top 150 markets had fewer jobs gained in the past 12 months than they did for the previous 12-month period.