Apartment Occupancy at 96%, Rents at All-Time High

According to the latest Yardi Matrix the average national apartment rental rate rose $10 in May, reaching another all-time high of $1,204.  Rents rose 0.9% on a month-over-month basis and were up 6% from one year ago.  Nationwide, the occupancy rate was 96% in April, down 10 basis points from March but flat with the … Continue reading Apartment Occupancy at 96%, Rents at All-Time High