In five states the drop was more than 7.4%.

Also pricing in non-major metros is better than in the major cities.

Much more established hubs are experiencing slower growth rates.

"March's month-over-month rent growth of 0.7% looks more usual from a historical perspective."

81% of property managers credit technology with keeping their residents satisfied.

Meanwhile, retail landlords have been preparing for months for the chain's bankruptcy.

Many are still making money but not as much as during the peak years.

Manhattan, Chicago, and Washington, DC are among the markets most affected.