Multifamily rent growth in the Midwest was especially weak in 2021. At a time when other U.S. regions were experiencing double-digit rent growth, the American heartland was once again the multifamily laggard or stated another way, the most-affordable housing area. The region has turned out year after year of slower rent growth than other regions and started 2022 dead last.
For the First Time Ever, Midwest Multifamily Rent Growth Takes the Crown
Region Could Outperform the Nation This Year Too
By Jay Lybik
CoStar Analytics
February 23, 2023 | 10:03 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In