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Here's how widely apartment rent gains and declines vary across the country

While some Austin, Texas, neighborhoods drown in supply, areas near Washington, DC, thrive

Apartment units in the area south of downtown Cleveland near the Cuyahoga River have posted recent rent growth as strong as the East Village in New York City. (Getty)
Apartment units in the area south of downtown Cleveland near the Cuyahoga River have posted recent rent growth as strong as the East Village in New York City. (Getty)

While annual multifamily rent gains nationally held steady at 1.2% in the third quarter, wide variations have emerged in specific neighborhoods around the country.

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