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Home Austin U.S. Apartment Operators Surrender Six Weeks Free Rent as Concession Discounts Hit 25-Year High
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U.S. Apartment Operators Surrender Six Weeks Free Rent as Concession Discounts Hit 25-Year High

July 20, 20263 Mins read42
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The national apartment market's average concession discount climbed to 11.1 percent in June 2026, the deepest in more than 25 years, as operators across all product classes contend with a historic supply wave that has fundamentally reshaped leasing strategy. U.S. apartment operators are surrendering more rent than at any point since the late 1990s. RealPage […]

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