U.S. apartment rents rose 3.2% in the first quarter as occupancies climbed and newly constructed projects commanded higher leasing costs.
U.S. apartment rents rose 3.2% in the first quarter as occupancies climbed and newly constructed projects commanded higher leasing costs.
The latest USC Casden Multifamily Forecast report predicts that rents will continue to rise in the region despite new construction, as demand for rental housing continues to increase.