GlobeSt
January, 2024
Rent growth rose by 1.4% in 3-star properties in 2023, outperforming 4- and 5-star properties as well as 1- and 2-star, according to Apartments.com’s Q4 2023 Multifamily Rent Report.
“In select markets across the country, we are seeing a resumption of rent growth as consumer confidence improves and fears of recession begin to dissipate,” Derek Graham, Principal and Founder of Odyssey Properties Group, tells GlobeSt.com.
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