Overview
Insurance, insurance, insurance: it dominated discussions of the apartment industry in 2022 and 2023, but evidenced by data in this report, the financial pain of operating apartments did not stop there. Cooling demand, along with increased competition from new supply and high interest…
Special Reports
Challenging Times for the Rental Housing Industry
By Paula Munger and Erioreoluwa Bajomo | | Updated
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…
Property Management Industry Pulse 2023
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In April 2023, the National Apartment Association (NAA) conducted a survey, sponsored by AppFolio, of more than 2,000 property management industry professionals to uncover their most pressing challenges. This report delves into these challenges — and the solutions being employed to contend…
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…
The Voice of the Property Manager
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The Voice of the Property Manager
Assessing the State of Property Management
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The National Apartment Association (NAA) conducted a survey of property managers, sponsored by MRI Software, in November 2022. More than 2,000 industry…
2021 Income/Expense IQ Executive Summary
By Paula Munger and Leah Cuffy | | Updated
Coming off a year in which the apartment industry arguably turned in its best performance on record, owners and operators are facing more challenges in 2022. Persistent inflation, higher interest rates and a stubbornly tight labor market translate into elevated operating costs, while sagging…
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…
Property Management Industry Pulse 2021
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Top Challenges and Needs in Rental Housing
In July and August 2021, AppFolio sponsored an online survey of rental housing providers in the United States, conducted by the National Apartment Association (NAA) and ndp | analytics. The survey, which received a total of 1,048 responses, focused on 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…
The Complexities of the Digital Generation: Insights From the NAA/SatisFacts/ApartmentRatings Survey on Gen Z
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Generation Z prevails above other generations as the most ethnically diverse and best educated. To better understand housing trends for this generation, the National Apartment Association in partnership with SatisFacts/ApartmentRatings conducted a survey of Gen Z renters in November/December…