Apartment List

In a historic turn for the rental market, 2024 marks the first full year of negative year-over-year rent growth in our index's history. Here's what December's data reveals: - Monthly Rent Change: -0.8%  - Annual Rent Change: -0.6%  - Median Rent: $1,382 - Vacancy Rate: 6.8% (Matching early pandemic peak) But note, the market isn't uniform, while some regions continue to see rent adjustments, others are experiencing rising vacancies. This divergence highlights the complexity of today's rental landscape. Stay tuned for our deep dive into 2025 predictions! What are you seeing in your local market? Drop a comment below! 👇 #RentalMarket #RealEstateInsights #MultifamilyMarketTrends

In this video, our Chief Economist Igor Popov breaks down the latest #rentalmarket data on how rents have changed across different parts of the country. The numbers don't lie – rents have skyrocketed the most in the suburbs that are furthest from city centers, 30+ miles away. And this suburban rent boom isn't a temporary blip. What's driving renters further from the city? Factors like:  - Remote work flexibility  - Changing lifestyle preferences - The desire for more living space This suburban migration shows zero signs of slowing down as we look ahead to 2025. How will you prepare for the suburban market dominance?

As we head into a new year, it's the perfect time to look ahead. We're excited to share our predictions for 2025 over the next couple weeks. We’ll cover everything from new construction, renter preferences, vacancies, mortgage rates, inflation, and beyond… so you can plan your strategy accordingly. Let's start with an insight from our Chief Economist, Igor Popov. In the video, he discusses a trend that could shake up the multifamily housing industry… As our population ages, more seniors are choosing to stay in their homes rather than downsize. With spare bedrooms to offer, these homeowners represent growing competition for traditional apartment communities. This new trend, along with pressure from short-term rentals and BTR single-family homes, will require multifamily properties to find new ways to stand out. Do you see this playing out in your market? Watch the clip and let us know in the comments 👇 #MultifamilyOutlook #RentalMarketPredictions

"Owning a home has long been a central part of the American Dream." These days, for those who don’t own yet, “that math has kind of changed a little bit,” explains Chris Salviati, Senior Economist at Apartment List, in his Marketplace article feature. 🏠💡 Curious to see Chris' full quote? Read the article and learn why renting is the smarter move in today’s economy → bit.ly/3Bvrr0z.

🚨Are your competitors booking tours while you’re asleep? Recent data indicates 53% of leads arrive after hours and 39% then go unworked. GenAI like Lea Pro is rewriting how forward-thinking PMCs engage with prospects. In our latest blog, we discuss how this tech is transforming the lead-to-lease journey by: - Capturing renters in their moment of inspiration. - Transforming idle inquiries into booked tours. - Turning marketing spend into measurable results. Your leads are waiting. 👉 Unlock the potential: https://bit.ly/41zmOwR #MultifamilyLeasing #GenAI

🏘️ Seasonal market slowdown? More like your opportunity for strategic differentiation. Our latest post decodes how top-performing PMCs transform off-season challenges into competitive advantages: - Flip seasonality from obstacle to opportunity. - Engage prospects when others go silent. - Optimize occupancy with precision targeting. 👉 Unlock the full playbook: https://bit.ly/4iBpmkb

It's not too late to join! We're ready to talk about Dallas, and spend time with friends old and new. Find our team there in full force, alongside our co-hosts LeaseLock, Repli, ResidentRadius, and Zuma ⚡. (Spoiler: More than 125 of your peers already registered 😮) Reply in the comments with your email address, or shoot us a DM and we'll make sure you're on the list. Tuesday, 12/10 from 6-9PM. Mike Wolber and James Wiersma will be amped to see you!

What if you could immediately act on every potential lead, even the ones that come in at 3AM? 🌙🏘️ With more than half of leads arriving outside of business hours, and 39% going unworked, there’s a growing need to determine how to strengthen your lead-to-lease journey. We’re thrilled to share insights from Cody Dietz Account Executive at Apartment List on how GenAI is transforming lead management. He walks us through how conversational leasing assistants like Lea Pro are changing the game by automating tour bookings, providing 24/7 lead engagement, and augmenting leasing agents’ skill sets. How are you currently handling leads that come in outside of business hours? Let us know in the comments! #MultifamilyRentals #GenAI #LeadManagement

At Apartment List, our Economics team continues to set the standard in rental market research and policy insights. For three years, they’ve had the remarkable privilege of presenting data directly to the White House Domestic Policy Council, demonstrating a commitment to delivering cutting-edge economic analysis that shapes an understanding of national housing trends. A special recognition to Chris Salviati, Igor Popov, and the team for their unwavering commitment to providing best-in-class rental market intelligence! 

At Apartment List, we're not just building a SMART marketing platform, we're fostering a culture that’s committed to making a real difference. Through Home Bridge, we work with incredible partners to support housing stability while also engaging our A-Listers in hands-on efforts to support individuals experiencing homelessness in their communities. Whether you're a valued partner looking to create meaningful change or a future team member ready to join a mission-driven company, this video showcases why Home Bridge is more than just a program - it’s our purpose. 📖 Read our blog here: https://lnkd.in/gyK5rMyE 💡 Interested in getting involved? Reach out to us at homebridge@apartmentlist.com or explore career opportunities with our team: https://lnkd.in/gqiBwx3p Special thanks to Monument Real Estate Services and Year Up United United for their longstanding partnership and invaluable support in making this possible. #socialimpact #apartmentlist #homebridge #partnerships #wearehiring