Apartments.com Q3 RentPulse Report: Apartment Markets Tighten, But Renters Still Have Leverage
Business Wire•28/10/2026•09:10 ET
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Key Highlights
- ➤National vacancy 7.8%, down 0.5 percentage points year over year
- ➤National concession rate 4.2%, up 0.6 percentage points year over year
- ➤Midwest rents rise 2.3% year over year as supply tightens
- ➤Fort Myers rents fall 3.3% year over year amid oversupply
- ➤Las Vegas rents decline 1.8% to $1,251 per month
- ➤Austin concessions reach 9.9% as leasing activity picks up
Apartments.com Q3 RentPulse Report: Apartment Markets Tighten, But Renters Still Have Leverage
Upper Midwest rents rise as supply tightens, while renters continue to find falling rents and significant discounts in markets working through excess inventory
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