Small Apartment Markets with Big Rent Increases
https://www.realpage.com/analytics/small-markets-big-rent-growth-august/
Many smaller U.S. markets saw outsized apartment rent growth in August 2025—discover which markets and submarkets led the pack.
Many smaller U.S. markets saw outsized apartment rent growth in August 2025—discover which markets and submarkets led the pack.
The U.S. economy added more jobs than expected in December, marketing a recent record of 48 consecutive months of employment growth.
Albuquerque added 1,038 units to its apartment stock in the year-ending 1st quarter 2024, a 25-year high that softened rent and occupancy fundamentals to years-long lows.
The Orlando MSA added roughly 76,000 new residents between July 1, 2023 and July 1, 2024, becoming the 20th most populous MSA in the country, per the latest from the Census.
Across the nation’s largest markets, unemployment rates vary widely in July 2024.
The cost of goods and services continued to surge higher in November, with prices climbing at a 39-year high. The Consumer Price Index for All Urban Consumers, a measure of price changes commonly referred to as the inflation rate, has been generally trending up since January 2020 and increased 6.8% year-over-year in November 2021, according read more
Inflation increased to 2.9% in August, as President Trump's tariffs intensified.
As apartment supply volumes trend downward in Minneapolis, occupancy rates could recover in the near term.
The Federal Reserves’ attempts to ease inflation has paid off in cooling consumer prices in the past year.
apartment occupancy fell to a decade low at the end of 2023, but some major markets are still logging rates in a typical range.