clock menu more-arrow no yes mobile

Filed under:

Apartment Boom Town

Downtown apartments are smashing records left and right, as the downtown apartments "hot streak" continues into its fifth year. Net effective rents at downtown luxury apartments has hit $2.78 per square foot, and the occupancy rate stands at 95.1 percent. Five years ago, the average age of downtown renters was 26, but today it has risen to 32 years old. [Crain's]