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New Lease Trade-Out

Modern apartment interior featuring a dining table, kitchen area, stairs, and stylish living space.
Modern apartment interior featuring a dining table, kitchen area, stairs, and stylish living space.

Only Six Major Markets Managed Consistent Positive New Lease Trade-out Since 2023

Analytics Contributor
June 9, 2025
Line graph showing new lease trade out trends for Sun Belt, Gateway, and Midwest regions from March 2019 to March 2023.
Line graph showing new lease trade out trends for Sun Belt, Gateway, and Midwest regions from March 2019 to March 2023.

When Apartment Demand Slows, the Nation’s Heartland Shines

Kim O'Brien
May 15, 2023
U.S. map showing rental growth rates by region, with color-coded circles indicating percentage ranges.
U.S. map showing rental growth rates by region, with color-coded circles indicating percentage ranges.

New Lease Trade-Out Varies Along the West Coast

Kim O'Brien
February 3, 2023
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