Tag Archives: Abodo

ABODO study: Apartment rents starting to rise again

The average one-bedroom apartment is renting for $1,016 a month this June across the United States, according to a recent report from ABODO. That’s up a bit from the lowest point of the year, an average of $1,003 in March. … Continue reading

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More good news for multifamily brokers, developers: Number of renter-dominated cities keeps growing

by Dan Rafter Here is some good news for brokers and developers working in the multifamily business: In 21 U.S. cities with a population of 100,000 or more, more than 50 percent of the households are made up of renters, … Continue reading

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ABODO study: Apartment rents falling across the Midwest since start of year

by Dan Rafter Apartment rents have taken a dip in two of Ohio’s largest cities this February, according to the latest national apartment report from ABODO. ABODO, an apartment-search Web site, reported that the median rent for one-bedroom apartment units … Continue reading

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No wonder investors love apartments: Rents are still sky-high across the country

by Dan Rafter There’s a reason the multifamily sector remains the top choice of investors and developers: apartment rents are high, and demand for these units keeps rising. That’s the takeaway from ABODO’s 2016 rent report. According to the company, … Continue reading

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The rent squeeze: Are new-construction apartment rents pushing too many renters away?

by Dan Rafter It’s no secret that newly built apartments in urban areas are commanding high rents. But newly released numbers from MPF Research show just how costly new construction apartment units are compared to older, less desirable stock. According … Continue reading

Posted in Chicago Commercial Real Estate, Cincinnati commercial real estate, Detroit commercial real estate, Illinois, Illinois real estate, Michigan commercial real estate, Minneapolis commercial real estate, Minnesota real estate, multi-family, Ohio commercial real estate | Tagged , , , , , | 1 Comment

Chicago’s population on three-year drop

by Dan Rafter Moving out of Chicago? You’re not alone. The Midwest city saw the greatest drop in population of the country’s largest metropolitan areas from 2014 to 2015, according to the latest research from ABODO. According to ABODO, even … Continue reading

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ABODO report: Detroit sees fifth-highest jump in apartment rents in September

by Dan Rafter The average rent for a one-bedroom apartment jumped 6 percent in Detroit from August to September of this year. This gave Detroit the fifth-biggest one-bedroom rent jump during this time in the country, according to the latest … Continue reading

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