MARKET BRIEFS
Five Stories, One City
Cleveland–Akron workforce rents grew 29.5% over five years; Discretionary grew 9.7%. The national supply thesis, tested in one metro.In August, “One Number, Five Stories” traced a flat national rent number back to five regional stories, and all five came back to one variable. Where developers chased
MARKET BRIEFS
Rents Firm in August as the Midwest Holds Its Lead
National apartment rents rose 0.7% in August 2026. Rent growth, occupancy and supply by region and class.National summaryThe national average asking rent reached $1,811 in August, up 0.7 percent from a year earlier and 0.1 percent from July. That is the fifth consecutive month of annual growth after
MARKET BRIEFS
One Number, Five Stories
National apartment rents barely moved in July 2026, but five regions diverged sharply — and each region's construction pipeline explains why.National apartment rents edged up 0.4 percent over the year in July, holding near $1,808, while occupancy eased about half a point to 94.2. That small divergen
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One Metro, Sixteen Markets
Cleveland-Akron rents grew 3% last year — but North Collinwood gained 11% while neighboring submarkets fell. A submarket-level look at the spread the metro number hides, and what it means for affordable and multifamily owners.Cleveland-Akron multifamily rents grew 3.0% over the past year — a middlin
MARKET BRIEFS
Five Stories, One City
Cleveland–Akron workforce rents grew 29.5% over five years; Discretionary grew 9.7%. The national supply thesis, tested in one metro.In August, “One Number, Five Stories” traced a flat national rent number back to five regional stories, and all five came back to one variable. Where developers chased
MARKET BRIEFS
Rents Firm in August as the Midwest Holds Its Lead
National apartment rents rose 0.7% in August 2026. Rent growth, occupancy and supply by region and class.National summaryThe national average asking rent reached $1,811 in August, up 0.7 percent from a year earlier and 0.1 percent from July. That is the fifth consecutive month of annual growth after
MARKET BRIEFS
Detroit: Remaking the Motor City
How Detroit's adaptive reuse pipeline and Midtown's institutional anchors are reshaping the multifamily market — rent growth, vacancy, and what investors need to know.Detroit ranks 78th in the 2025 Resonance World’s 100 Best Cities Report — ahead of several U.S. peer cities and recognized for its co
MARKET BRIEFS
Los Angeles: Policy, Pipeline, and the DTLA Opportunity
How DTLA 2040 and South LA's emergence are redefining LA's multifamily investment landscape — rent growth, vacancy, and what the metrics show.Los Angeles ranks 14th in the 2025 Resonance Best World Cities report, and the city is entering what its boosters are calling a Decade of Sport — hosting the
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Cleveland: Urban Revival and the Adaptive Reuse Opportunity
How Cleveland's office-to-residential conversions and the Opportunity Corridor are reshaping Downtown's multifamily market — rent growth, vacancy, and what investors need to know.Cleveland has been ranked among the world’s top cities — placing 70th globally, ahead of Hong Kong, Rio de Janeiro, and A
MARKET BRIEFS
Cincinnati: Historic Buildings, Modern Demand
How Cincinnati's adaptive reuse momentum and affordability advantage are driving multifamily performance — rent growth, vacancy, and what the metrics show.Cincinnati has quietly become one of the more active office-to-residential conversion markets in the Midwest. While post-pandemic adaptive reuse
MARKET BRIEFS
Pittsburgh: The Golden Triangle Converts
How the Pittsburgh Downtown Conversion Program and a stabilizing multifamily market are reshaping the Golden Triangle — rent growth, vacancy, and what the metrics show.Pittsburgh’s Golden Triangle — the office core at the confluence of the Allegheny, Monongahela, and Ohio rivers — faced some of the
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Washington DC: Housing in Downtown
How D.C.'s Housing in Downtown program and office-to-residential conversions are reshaping the District's multifamily market — and what the metrics show.Washington D.C. is executing one of the most policy-driven office-to-residential conversion programs in the country. The District’s Housing in Down
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NYC Financial District: A New Era for Downtown Manhattan
How the largest office-to-residential conversion wave in U.S. history is reshaping FiDi's multifamily market — rent growth, vacancy rates, and what investors need to knowManhattan’s Financial District has been converting office space to residential use since the 1990s. What’s underway now is differe