Multifamily rents and occupancies are rising across the country. While that trend is still strongest in suburban counties, it has also taken hold in the nation’s urban core counties, according to a new report from Cushman & Wakefield.

In urban core counties, revenue per available square foot has recovered most on B and C apartments in the South, Midwest and in secondary and tertiary markets. But in the last couple of months, class A properties and major markets have experienced the most significant improvement. For instance, Boston, Chicago and San Francisco have had a strong rebound this year.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.