Chicago Rent Growth Levels Cool as Construction Ramps Up
Apartment construction in metro Chicago is at a decade-high, with most of it concentrated in the urban core. That’s contributed to a slowdown in rent growth levels.
Search Other Apartment Market Trends by Metro
Chicago: Apartment Market Research
Multifamily Reports For Chicago and Current Chicago Apartment Data
The Urban Core Is Driving Metro Chicago Rent Growth
Across many U.S. metros, apartment properties in or adjacent to downtown rank among the strongest performers right now. That’s certainly true in metro Chicago, with the pattern seen especially in the robust rent growth posted in The Loop.
Rent Growth Levels Hit a Two-Decade High in Chicago [Video]
The drop-off in apartment construction in the downtown Chicago submarkets helped drive up rent growth levels in the metro to a two-decade high. But now, construction is ramping up quickly again.
Three Overachieving Apartment Markets from 2011′s First Half
Greg Willett and Jay Parsons look at three apartment markets that have significantly outperformed expectations so far in 2011.
Apartment Rent Growth Reaching Decade Highs in Chicago
Chicago’s apartment sector continues to record strong demand, ranking third nationally with a same-store rental rate hike of 3.2 percent in 2011′s 2nd quarter.
Despite Job Losses, Chicago Apartments Record Impressive Improvement in 2010
Chicago’s apartment sector recorded notable improvement in 2010 despite the area’s weak economic climate.
What to Watch for in 2011 in the Apartment Industry, Part 5: Top 10 Picks for 2011
MPF Research reveals its top 10 picks for revenue growth in 2011 among the nation’s major markets.
Three Hard-to-Predict Apartment Markets
As 2010 draws to a close and forecasts for 2011 performance are fine-tuned, three markets where predicting the near-term outlook is comparatively tough have emerged: Chicago, Orange County and Atlanta.
Chicago Records Strongest Apartment Demand Total Since 2004
In the year-ending June 2010, Chicago recorded its strongest apartment demand total since 2004. In turn, occupancy and rents climbed. But what about all that new apartment supply in the Intown Chicago submarket? Jay Parsons breaks down that and more in this video edition of Apartment Market Dynamics.