Raleigh Executive Apartment News June 2024

We love to keep our readers in the know with local Raleigh Executive Apartment news as often as we can. When booking it is important to know costs of apartments and hotels in the area, among other things, so you are armed with all the information needed to select the best executive apartment on your next business trip to Raleigh.

Apartment Growth Leaders Update

The void between supply and demand has narrowed, stabilizing occupancy and rent growth rates. In Raleigh, occupancy held steady at 94.2% in June for three consecutive months. Despite strong demand, rent growth remains modest due to a peak in new deliveries. Significant rent hikes are unlikely in 2024, highlighting the market’s strong demand amid abundant supply.

Below you can see the Top 10 leaders in Apartment Rent Growth in the United States in June 2024.

 

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