In response to recent U.S. Census data revealing homeownership is at a 15-year low, Apartments.com VP of Product Management, Chris Brown, addresses the impact on the Chicago rental market on NBC Chicago.
Watch the following three-minute segment where Brown discusses the current state of the rental market, cost-cutting tips for renters and neighborhood-specific information for Chicago.
Are you seeing an impact on vacancies and rent rates, at your community, as a result of what is happening in the housing market? We would love to hear how your hometown market compares with the Windy City. Please leave your comments below.