Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Svenja Gudell of Zillow Gudell: “There’s a growing divide in the rental market right now.”

SEATTLE—The nation’s fastest growing apartment supply and its fastest growing rents may not coincide. Zillow said Thursday that median rents on lower end apartments are rising faster than median rent overall, based on an analysis of 15 multifamily markets. In 11 of those markets, rents for the least expensive third of apartments have seen double-digit annual growth.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

More from this author


Join GlobeSt

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

  • Free unlimited access to GlobeSt.com'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 ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.