Asking rents down in multifamily, possibly up in single family

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Asking rents down in multifamily, possibly up in single family

Matt Thelen
Rental Property Investor · Denver · Member since 2021 · 74 posts · 53 votes

I'm a big fan of Bill's work related to housing market data and want to make sure folks know about it. I have 0 affiliation. 

This link has a collation of several sources that report monthly rent trends and you can see a good amount, including links to the sources, before the paywall hits. https://open.substack.com/pub/calculatedrisk/p/asking-rents-mostly-unchanged-year-1a2?

What are you seeing in your local market?

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  • Greg ScottPro Member
    Rental Property Investor · SE Michigan · Member since 2014 · 4k+ posts · 6k+ votes
    1y

    Academically it is interesting to compare the different sources.  If they were all pointing downward, that could spell trouble for the economy.

    Unfortunately, national data isn't very usable as there is a wide variation from city to city.  I like looking at the ALN data by city, because that is more granular.  Attached are some examples.  Its free so sign up.

    Even the city level data can vary widely. I like to also scan the submarket data in these same reports.

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