Rent Prices

PadSplit, Furnished Finder announce rental housing partnership

Furnished Finder has partnered with PadSplit to add thousands of PadSplit room rentals to the Furnished Finder platform. The partnership represents Furnished Finder’s largest housing inventory integration to date and responds to growing demand for private room rentals, which accounted for 19% of all property views on the platform in 2025. Furnished Finder currently hosts […]

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The immigration cliff: How America’s population shift is quietly reshaping the rental market

For years, multifamily underwriting has treated population growth as a constant factor. However, that assumption has masked an important distinction: not all demand is created equal. Workforce housing demand and Class A housing demand are increasingly being driven by different forces. This divergence is becoming more visible in current data. First-quarter data point to a

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Mamdani notches a loss in opening gambit to take on NYC landlords

New York City Mayor Zohran Mamdani suffered defeat in his first skirmish with multifamily property owners as part of a strategic war to remake the city’s rent-stabilized housing.​ On Friday, Summit Properties USA became the winning bidder for more than 5,000 rent-regulated units owned by bankrupt Pinnacle Development Group. The sale went through despite Mamdani’s

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Will banning institutional investors make homes more affordable?

Housing professionals across the country raised their eyebrows earlier this week when President Donald Trump said he would look to stop large institutional investors from buying homes, citing increased affordability pressures on the typical American consumer. Cotality principal economist Thom Malone has long studied the impacts that real estate investors of all sizes have on

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FTC issues warnings to rental software firms on price transparency

A week after settling a lawsuit with rental property management company Greystar, it appears the Federal Trade Commission’s (FTC) involvement in the rental property management space is not waning.  On Tuesday, the government regulator announced that it had sent letters to 13 property management software providers nationwide warning them that they may be violating the

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Glut of new supply drags down BTR and multifamily rental rates in the Sun Belt

Rents for both multifamily and single-family built-to-rent units moved sideways over the last year. Still, rents in most major Sun Belt markets are down annually due to a glut of new housing, according to the latest Yardi Matrix National Multifamily Report.  Meanwhile, rental growth is typically the strongest in the Midwest, Northeast, and California. This

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Housing affordability dominates California gubernatorial race

California has made significant efforts to address housing affordability through numerous new laws under Gov. Gavin Newsom. Candidates seeking to replace the term-limited Newsom, however, act as if little has been accomplished. The laws lacked swift, decisive enforcement to push the affordable goal, according to California billionaire Tom Steyer, a former presidential candidate and the

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High rents and growing inventory create room to convert renters

Rent prices remain high as for-sale supply expands. HW Data shows median rent holding at $2,295, while the for-sale side offers more room to maneuver. The median list price is $444,900 and active inventory stands at 863,972 homes nationwide, giving buyers more choice than earlier in the year. For-sale market edges toward balance HousingWire’s national

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Rent collections improve slightly, but late payments signal strain

On-time rent payments improved in August 2025, offering a rare positive note in a year marked by declining performance, according to new data from Chandan Economics. Preliminary estimates for August show that 83.2% of tenants at independently operated units paid their rent on time — up 34 basis points (bps) from July. July’s figure was

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First American launches monthly rent automated valuation model

First American Data & Analytics has released an automated valuation model that estimates monthly rent for residential properties nationwide. The product — called Procision Rental AVM — updates daily on roughly 100 million properties, including single-family homes, condominiums and homes in planned-unit developments. It provides rental estimates, value ranges and confidence scores for use by

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