The Sacramento, California, apartment market has recorded a stark increase in the number of properties offering concessions to renters since the end of 2022. This coincides with a decrease in rent levels in the market's most abundant unit types: one-bedroom, two-bedroom and three-bedroom apartments, which have yet to recover.
Apartment Owners in Sacramento Fight for Market Share With Concession Rates
Competition for Renters Is Fierce As Completions Pile Up
By Will Austin
CoStar AnalyticsAugust 30, 2023 | 6:48 P.M.
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