Class C Apartment Rent Cuts Continue for Second Month via RealPage

Throughout most of the pandemic, the nation’s most affordable apartment niche managed to avoid lowering rents like the more expensive Class A and B product lines. That changed in October, and Class C operators reduced rents again in November.

Following a 1% year-over-year cut in October, Class C product logged rent change of -0.5% in November.

Read more...Class C Apartment Rent Cuts Continue for Second Month via RealPage