A dramatic acceleration of multifamily rent growth in 2021 and into early 2022 highlighted concerns of rental affordability, prompting calls for rent control. But since late 2022, apartment rent growth has slowed dramatically and, in some major markets across the nation, even dropped.
Pandemic's Record Apartment Rent Growth Eases
Rents in Some Areas Drop Lower Than Projections Before the Health Crisis
By Jay Lybik
CoStar Analytics
December 15, 2023 | 8:48 P.M.
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