Property Owners

Rent Soars, Pay Lags: Millions Work 50+ Hours to Afford Rent

Rent Soars, Pay Lags: Millions Work 50+ Hours to Afford Housing Across the United States, renters are increasingly caught between skyrocketing rents and stagnant wages. By the end of 2022, half of all renter households were classified as “cost-burdened,” spending over 30% of their income on housing and utilities. Even more alarming, 12.1 million households […]

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Rising Apartment Rent Effecting Renewal Rates: Why Tenants Are Signing Renewals

Why Apartment Rent Renewal Rates Are Rising In recent years, a significant shift has been observed in the rental housing market: more tenants are opting to renew their leases instead of moving. This trend reflects a mix of economic, social, and lifestyle considerations that are reshaping the rental landscape. Here’s a closer look at the

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How to Determine a Reasonable Rent Increase in 2025

Strategies for Setting Effective Rent Increases: A Guide for Landlords Adjusting rent is a critical task for landlords, requiring a balance between covering rising costs and maintaining tenant satisfaction. A well-planned rent increase ensures profitability while fostering positive relationships with tenants. Conversely, an unreasonable hike risks tenant turnover, impacting long-term financial stability. Below are strategies

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