Housing Policy Research
Breaking Down One Dollar of Rent: 2023
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Monthly rent payments are more than just a transaction between a resident and a rental housing provider. It's a pivotal contribution to the American economy, community growth and the backbone of the rental housing industry. Rent payments directly support 17.5 million jobs. They also finance local…
Examining the Unintended Consequences of Rent Control Policies in Cities Across America
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From December 2022 to February 2023, the National Apartment Association (NAA) commissioned ndp | analytics to conduct interviews with housing providers and developers from three different markets impacted by rent control policies and proposals: St. Paul, Minn; Santa Ana/Santa Barbara; Calif; and…
U.S. Apartment Demand through 2035
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The National Apartment Association (NAA) and the National Multifamily Housing Council (NMHC) commissioned Hoyt Advisory Services and Eigen10 Advisors, LLC to conduct a study about apartment demand. The study estimates the number of apartment units that will be needed through 2035 at the…
Apartment Affordability by Percentage of Rent-to-Income
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During 2020, U.S renter households in professionally managed properties spent on average 27% of their income on rent. Understandably, there is a broad variation in the share of income renters spend on rent at the state level. Primarily, income levels and rental rates are key contributing factors to…
Modeling the Impacts of Rent Control
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Recent findings by the National Apartment Association (NAA) illustrate rent control’s potential and devastating effects on four major U.S. cities. NAA’s analysis shows that these policies decrease the housing supply, harm the condition of existing housing stock and lower property values, which…
Barriers to Apartment Construction Index
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July 2020 Update: In 2020, four cities were recast, mainly due to lack of geographical dispersion of responses in the 2019 survey. See individual market updates below for Boston, Chicago, Portland and Seattle.
Affordability is a complex issue and can be driven by diverse factors including income…