Since 2000, home and rent prices have increased by 73 percent and 61 percent, respectively, but incomes for younger households have only increased 31 percent. In order to keep up with high housing costs, some millennials turn to mom and dad for help. This Apartment List study looks at the share of millennials receiving support with rent and down payments.
When searching for a place to call home, most renters start by figuring out a comfortable price range to consider. Although the importance of staying within…
Apartment List experts analyze the most important trends in the 2017 rental market and predict their impact in 2018. In 2017, large increases in multifamily stock decreased occupancy rates and helped soften rent growth in many hot markets. Despite increases in overall rental stock, affordability remains a concern for many renters, as the rental stock affordable for low-income renters continues to deteriorate.
In 2016, the share of cost-burdened renters, or those spending 30 percent or more of their income on rent, reached the lowest level since 2008….
With as many as 100 cities bidding for the Amazon HQ2, Apartment List delved into the data to analyze the impact of the new Amazon headquarters, or “HQ2”, on the housing market. We analyzed the rental markets in 15 metros contending for the “HQ2” and predict rents will rise up to an additional 2 percent per year. The metros most impacted by the influx of Amazon workers are smaller metros with low median wages or metros where building new homes is difficult.