Quick Facts & Figures

Apartment Industry Quick Facts

• Quick Facts: Economic Impact of Apartments
  Commissioned by NMHC/NAA, Dr. Stephen S. Fuller, of George Mason University, conducted a study to quantify the apartment industry and its 35 million residents’ contribution to the national, state and select local economies. Read the report, The Trillion Dollar Apartment Industry, or go to www.WeAreApartments.com, to access more information and tools, including an interactive 50-state map and an economic impact calculator. (February 2013)

• Quick Facts: Apartment Stock
  Apartment characteristics, number of apartments in each state and metro area and more.

• Quick Facts: Resident Demographics
  How many households rent? What type of properties do they rent? Renter income and demographic characteristics and the number of renters in each state.

• Quick Facts: Apartment Rents
  Median rents for all U.S. apartments, as well as by region, and apartment size.

• Quick Facts: Market Conditions
  Vacancy rates, absorption rates, prices, rents and cap rates.

• Quick Facts: New Construction
  Apartment construction by state, economic impact and LIHTC construction activity.

• Quick Facts: Ownership and Management
  Distribution of apartment owners and state distribution of apartment managers.

• Quick Facts: Investment Returns on Apartments
  A primer on apartments as an investment option with a review of historical apartment returns.