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Market Intelligence: Q4 Midwest Region Update

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Midwest multifamily is enjoying its moment in the sun. Slow-yet-steady demand has maintained pace with limited new supply, a fundamentally unique trend seen in very few areas across the country today.

Though economic and population growth in this region continues to lag many Sun Belt and coastal U.S. metros, the slow churn of demand in the absence of new supply has translated to arguably the nation's strongest rent growth in 2023.

Can the Midwest continue to impress in 2024? Or will economic and demographic headwinds challenge the region's outlook for the coming months?

Join RealPage® experts for a data-filled discussion on the Midwestern U.S. set of metros.

Multifamily markets covered in this discussion include:

  • Akron
  • Ann Arbor
  • Bloomington
  • Champaign-Urbana
  • Chicago
  • Cincinnati
  • Cleveland
  • Columbus
  • Davenport
  • Dayton
  • Des Moines
  • Detroit
  • Evansville
  • Fargo
  • Flint
  • Fort Wayne
  • Grand Rapids
  • Indianapolis
  • Kalamazoo
  • Kansas City
  • Lafayette-West Lafayette
  • Lansing-East Lansing
  • Lincoln
  • Madison
  • Milwaukee
  • Minneapolis
  • Oklahoma City
  • Omaha
  • Saginaw
  • Sioux Falls
  • South Bend
  • Springfield
  • St. Louis
  • Toledo
  • Tulsa
  • Wichita
  • Youngstown

Carl Whitaker

Vice President & Chief Economist, RealPage, Inc.

Carl Whitaker is RealPage’s Chief Economist, leading the company's team of economists and market analysts. Carl and the Market Intelligence team specialize in analyzing and disseminating economic and market trends for the rental housing industry. He primarily focuses on presenting trends in the rental housing industry to a wide audience, including investors, asset managers, operations professionals and media, among other personas. Carl has been cited in the Wall Street Journal, Bloomberg and GlobeSt and is a frequent keynote speaker for industry events. Carl holds degrees from the University of North Texas, including a Master of Science in Applied Geography. 

Dustin Weaver

Market Analyst, RealPage, Inc.

Dustin Weaver is a Market Analyst with RealPage's Data Analytics division, where he focuses on conventional apartment market analysis, research and data methodology. Dustin leverages his background in partnering with institutional investors and REITs to enable easier consumption and application of multifamily data and analysis.

Market Intelligence: Q4 Midwest Region Update

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Market Intelligence: Q4 Midwest Region Update

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