Florida named worst state for apartment renters, despite oversupply
Florida took the crown in a nationwide multifamily market study –– but for the wrong reason. The Sunshine State ranked as the worst state to rent an apartment due to factors including a lack of affordability and zero protections for tenants, according to a study by ConsumerAffairs, a Tulsa, Oklahoma-based consumer insights group. All this, despite the state also having a healthy supply of apartments, reporting some of the highest vacancy nationwide. The median monthly rent statewide is $1,669, the eighth-highest in the U.S. and about 18 percent more than the national median. According to the study, this leaves the […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

The verification layer financial systems forgot to build

Just don’t: Why AI-generated marketing content is a regulatory minefield for mortgage lenders

Many older Americans stuck in homes that no longer fit

Brooklyn Loft Inside 1865 Civil War Munitions Foundry Lists for $2.1 Million—Complete With Converted Smokestack Fireplace

“Reckless”: George Pino breaks down at start of his manslaughter trial over 2022 boat crash

Miami-Dade Invokes Eminent Domain To Seize Land on Ultraexclusive Fisher Island

South Florida’s top deals: Finance exec sells Surf Club condo for $27M

Class Valuation adds Makena InstaPlan ahead of UAD 3.6 shift

May rent trends run sideways as multifamily supply stays strong

Mortgage and real estate battle for the top of the funnel
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131
