Mid-quality apartments, those scoring three stars in CoStar's national building ratings system, regained the crown as rent-growth leader at a time when an oversupply of higher-quality units that were awarded four and five stars pushed rents in that segment into the red nationally.
Rent Growth Holds Up Much Better for Mid-Priced, Three-Star Apartments
These Rentals Remain a Positive Beacon in Sun Belt Markets With Significantly Slowing Rents
By Jay Lybik
CoStar Analytics
August 21, 2023 | 8:15 P.M.
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