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We turn scattered, raw data into clear reads of how major US apartment markets are moving.

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U.S. Census BureauBureau of Labor StatisticsFederal Reserve (FRED)Zillow

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Today's market climate

live · Aug 5

Strong for landlords

Homes are expensive to buy, so renting demand is elevated.

Favouring landlords

Every market read is free. AI analysis, Market Reports, and history are Pro.

Major US metros

grouped by condition · 43 markets

Condition is how tight the market is now. The read below each shows which way it is heading, and why.

Tight5· landlords have strong pricing power
ChicagoIL
landlord's market
Tight
RentersLandlords
Heating· asking rents are climbing

AILandlords hold the edge in Chicago: asking rents are climbing over the past year while job growth has stalled. Vacancy is elevated at 3.7% (2024), and net migration was weak last year, leaving little fresh demand to absorb tight new supply.

8 NEWS ARTICLESSEARCH #5
New YorkNY
landlord's market
Tight
RentersLandlords
Heating· asking rents are climbing

AILandlords hold the edge in New York: asking rents are climbing over the past year while job growth barely moves. Last year's permitting was tight, and net migration was weak, leaving vacancy elevated at 3.8% of rentals.

8 NEWS ARTICLESSEARCH #3
San FranciscoCA
landlord's market
Tight
RentersLandlords
Heating· asking rents are climbing

AIAsking rents are climbing steeply over the past year while job growth barely registers. Heavy permitting last year sits against weak migration and elevated vacancy, a tension that props up landlord pricing even as the market softens.

8 NEWS ARTICLESSEARCH #16
Firm13· landlord-leaning
BostonMA
landlord's market
Firm
RentersLandlords
Stable· Buying stays out of reach

AIAsking rents are still climbing over the past year, but job growth is barely moving, and last year's weak migration left few new renters to fill vacant units. Landlords hold the edge despite the softer fundamentals.

2 NEWS ARTICLESSEARCH #11
CincinnatiOH
landlord's market
Firm
RentersLandlords
Stable· Hiring is picking up

AIAsking rents are climbing over the past year in Cincinnati, but job growth is trailing behind them, and the market is weighted toward landlords. Vacancy stood at 4.6% in the 2024 count, with modest outmigration and moderate permitting last year.

SEARCH #40
ClevelandOH
landlord's market
Firm
RentersLandlords
Heating· asking rents are climbing

AIAsking rents are climbing over the past year, but job growth is modest and net migration was weak last year, leaving landlords with the edge on thin underlying demand.

2 NEWS ARTICLESSEARCH #15
Balanced17· neither side has the upper hand
AtlantaGA
balanced market
Balanced
RentersLandlords
Stable· Rents are falling

AINeither side has a clear edge here: asking rents are up 0.9% over the past year, and vacancy was on the high side at 8.5% in the Jan 2024 count.

SEARCH #21
BaltimoreMD
balanced market
Balanced
RentersLandlords
Cooling· job growth has cooled

AIAsking rents are still climbing over the past year, but jobs have slipped and migration remains weak into Baltimore. A balanced market masks a mismatch: tight supply from last year's thin permitting meets soft demand, while rents inch up against job losses.

SEARCH #36
ColumbusOH
balanced market
Balanced
RentersLandlords
Stable· Rents are falling

AIAsking rents are barely climbing over the past year while job growth is subdued; the market sits balanced, though last year's heavy permitting and weak migration have left vacancy elevated at 4.5 percent (Jan 2024 count).

1 NEWS ARTICLESEARCH #12
Soft7· renter-leaning
AustinTX
renter's market
Soft
RentersLandlords
Stable· signals are pulling both ways

AIAsking rents are still slipping over the past year in Austin, even as jobs keep climbing. Renters hold the edge: vacancy sits high at 6.2% (Jan 2024 count), and last year's permitting was moderate, leaving supply constrained against strong in-migration.

8 NEWS ARTICLESSEARCH #22
CharlotteNC
renter's market
Soft
RentersLandlords
Stable· signals are pulling both ways

AIRenters hold the edge in Charlotte: asking rents are slipping over the past year while jobs keep climbing. Last year's building left vacancy elevated at 7.8 percent, and strong migration has not tightened the market.

2 NEWS ARTICLESSEARCH #31
DenverCO
renter's market
Soft
RentersLandlords
Cooling· asking rents are slipping

AIRenters hold the edge in Denver, and asking rents are still falling over the past year. Last year's heavy permitting left vacancy high at 4.9%, while net migration was weak, leaving new units to chase scarce demand.

6 NEWS ARTICLESSEARCH #20
Oversupplied1· renters have the choice
San AntonioTX
renter's market
Oversupplied
RentersLandlords
Cooling· asking rents are slipping

AIRenters hold a clear edge in San Antonio: asking rents are still falling over the past year, while job growth remains modest. Last year's building left vacancy high at 9.6 percent, and moderate migration has not absorbed the stock.

3 NEWS ARTICLESSEARCH #27

How it works

Data. AI. Signal.

01

We collect the data

02

AI synthesises it

03

You get the read

Reads update daily. Each figure is labelled with how often its public source publishes, from monthly rents to yearly Census data.

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