July 2025 Rental Report: Multifamily Supply Pulls Back Amid Growing Headwinds
Median rent declined in all size categories: studio: $1,428, down $21 (-1.4%) year over year; 1-bed: $1,590, down $45 (-2.8%) year over year; 2-bed: $1,899, down $45 (-2.3%) year over year.
July 2025 Rental Report: Multifamily Supply Pulls Back Amid Growing Headwinds
1- and 2-beds don’t cost much more than studios, yet are bigger. Cost/ft2 goes down, but so does income/ft2.
What if a complex has mostly (well-planned) studios that have a physical divider (half-wall, etc) for a bedroom for a lil cheaper - will that
allow for more units to be built within the complex?
make up for the “lost” extra income from 1- and 2-beds?