Realpage Analytics Blog

Apartment Demand

Cozy living room featuring a gray sofa, decorative pillows, a round mirror, plants, and a knitted pouf.

Resilient Demand and Still-Muted Rent Growth Defines U.S. Apartment Market in 2nd Quarter 2025

Bar chart comparing annual absorption and supply across various regions, highlighting Desert/Mountains.

Demand Outpaces Supply by Over 10% in Desert/Mountains Region

Graph showing U.S. Annual Demand and Unit Starts from Q1 2009 to Q1 2025 with a trendline for Demand-to-Starts Ratio.

Three Times More Apartments Absorbed than Started This Year

A panoramic view of Austin's skyline, featuring tall buildings and trees along a broad street under a blue sky.

Demand Holds Up Austin Apartment Fundamentals During Surging Supply

Bar chart comparing housing supply and demand in Texas cities for YE Q1 2025.

Major Texas Markets Post Net Demand Surplus

Graph showing Anaheim's quarterly and annual demand with occupancy rates from Q1 2020 to Q1 2025.

Anaheim was the Only Large Apartment Market to Post Net Move-Outs in 1Q25

Spacious, modern room featuring large windows with sheer curtains and wooden flooring.

Economic Uncertainty Grows, But Demand Prevails

View of urban buildings with a blue sky and sun, including a tree in the foreground.

Healthy 1st Quarter Demand Boosts Rent Growth as Supply Ebbs

Modern apartment building with multiple balconies and large windows against a clear blue sky.

Large Markets Where Apartment Demand Far Outpaced New Supply in 2024