RealPage Analytics Blog

Expenses

Modern living space featuring a desk with a chair, sofa with colorful cushions, and a TV beside a window.

Multifamily Operating Expenses Moderate Significantly, But Still Well Above Pre-Pandemic

Line graph depicting the insurance cost per unit from November 2019 to November 2023, showing a general upward trend.

Insurance Costs Have More Than Doubled in the Apartment Sector

Bar chart showing year-over-year change in expense per unit for various categories in 2022 vs. 2021.

Apartment Operational Expenses Soar

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As Expenses Surge, Operators Focus on Cost Controls for 2023