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Rent Growth Is Continuing to Fall

Last year, we saw rent growth start to slow. In 2018, that trend will continue as we see rents fall to more historical averages.

By Kelsi Maree Borland | Updated on January 18, 2018

Nate Kunes Nate Kunes

Expectations overall for 2018 are strong, but Nat Kunes of AppFolio says the multifamily rent growth will continue to slow this year. Last growth, the double-digit rent growth Los Angeles had seen in prior years began to slow, and that is a trend that will continue through 2018 as we see rents return to historical numbers. We sat down with Kunes, VP of product management at AppFolio, to talk about rent growth trends this year.

GlobeSt.com: We saw slowed rent growth this year. Do you think that trend will continue through 2018, and what is causing it?

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