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Midwest Region

Chicago skyline with high-rise buildings, greenery in the foreground, and a calm water body reflecting the scene.
Chicago skyline with high-rise buildings, greenery in the foreground, and a calm water body reflecting the scene.

Low Volatility, Limited Upside: What’s Next for Midwest Apartment Markets?

Carl Whitaker
August 17, 2026
Table displaying year-over-year rent and occupancy changes for Upper Midwest/Great Plains markets in Q1 2026.
Table displaying year-over-year rent and occupancy changes for Upper Midwest/Great Plains markets in Q1 2026.

Upper Midwest/Great Plains Apartment Markets Prove Stability Still Wins

Kim O'Brien
May 6, 2026
Chart showing year-over-year effective rent change among top 50 U.S. metros, with data for Q2 2025 highlighted.
Chart showing year-over-year effective rent change among top 50 U.S. metros, with data for Q2 2025 highlighted.

Low Volatility Characteristic of Midwest Apartment Markets

Kim O'Brien
August 26, 2025
Line graph showing year-over-year change in effective asking rents for the Midwest region and U.S. average from 2018 to 2025.
Line graph showing year-over-year change in effective asking rents for the Midwest region and U.S. average from 2018 to 2025.

Midwest Region Leads U.S. in Rent Growth in April

Kim O'Brien
May 29, 2025
Bar graph showing job change percentages from December 2019 to December 2024 for Midwest cities. Indianapolis leads with over 8%.
Bar graph showing job change percentages from December 2019 to December 2024 for Midwest cities. Indianapolis leads with over 8%.

Post-Pandemic Job Recovery Sluggish in Some Midwest Markets

Kim O'Brien
March 12, 2025
Chicago skyline with high-rise buildings, greenery in the foreground, and a calm water body reflecting the scene.
Chicago skyline with high-rise buildings, greenery in the foreground, and a calm water body reflecting the scene.

Midwest Markets Report Notably Tight Apartment Occupancy

Kim O'Brien
September 19, 2024
Chart displaying Inventory and Rent Growth trends for Lower Midwest and U.S. Average from Q1 2019 to Q1 2027.
Chart displaying Inventory and Rent Growth trends for Lower Midwest and U.S. Average from Q1 2019 to Q1 2027.

Mild Supply Headwinds in Lower Midwest Result in Steadier Performance

Kim O'Brien
July 2, 2024
Line graph comparing occupancy rates in the Upper Midwest and U.S. average from May 2022 to May 2024.
Line graph comparing occupancy rates in the Upper Midwest and U.S. average from May 2022 to May 2024.

Strong Occupancy Persists in the Upper Midwest

Kim O'Brien
June 7, 2024
Line graph comparing year-over-year effective asking rent change for Midwest and U.S. average from 2007 to 2023.
Line graph comparing year-over-year effective asking rent change for Midwest and U.S. average from 2007 to 2023.

Midwest Rent Growth Outperformed U.S. Norm in 2023

Kim O'Brien
April 8, 2024
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