Demand for apartments has hit record levels across the United States, leading to unprecedented rent growth since the start of 2021. Rent growth has been even more pronounced in some large Sun Belt cities, where rents have been well below the national index for quite some time but are now close to or above the national average.
Here’s Why Apartment Rents in the Sun Belt Are Rising So Fast
Vacancies Still Historically Low, but Supply Is Ramping Up
By David Kahn, Chuck McShane
CoStar Analytics
March 18, 2022 | 7:59 P.M.
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