Market Intelligence: Q2 Lower Midwest/Plains Region Update
Multifamily markets in the Lower Midwest/Plains region are seeing slow-and-steady rent growth as stable demand has shored up occupancy rates in the absence of new supply. While several markets across this region rank toward the top half of the national leaderboard for recent revenue growth, it’s important to note that current growth rates are more in-line with historic norms than what may be seen as rock-solid performance. Going forward through the peak summer leasing season, it’s likely that continued steadiness will characterize performance trends across the Midwest.
Join RealPage® experts as they cover key trends across the Lower Midwest/Plains region that spans North and South Dakota, Nebraska, Kansas, Oklahoma and Missouri.
Multifamily markets featured in this discussion include:
- Bartlesville
- Bismarck
- Branson
- Columbia
- Enid
- Fargo
- Grand Forks
- Joplin
- Kansas City
- Lawrence
- Lawton
- Lincoln
- Manhattan
- Minot
- Oklahoma City
- Omaha
- Rapid City
- Sioux Falls
- Springfield
- Louis
- Stillwater
- Topeka
- Tulsa
- Wichita
Dustin Weaver is a Market Analyst with RealPage's Data Analytics division, where he focuses on conventional apartment market analysis, research and data methodology. Dustin leverages his background in partnering with institutional investors and REITs to enable easier consumption and application of multifamily data and analysis.
Robin Young
Head of Market Research, Buildium, RealPage, Inc.As the head of market research for the mixed-use division of RealPage, Robin leverages her background in social science research and interest in real estate economics to uncover trends in the rental market. Her research provides small-business property managers with a 360-degree view of the industry, sharing insights gleaned from surveys of thousands of property managers, rental owners and renters each year. She’s best known as the author of the annual Property Management Industry Report, a Buildium®, Propertyware® and NARPM® joint publication.
