Multifamily rents in region begin a pandemic-led slide

Once-rising apartment rents are reversing course.

  • By Business Observer Staff
  • | 8:56 a.m. April 9, 2020
Mark Wemple. Downtown St. Pete is empty on March 27.
Mark Wemple. Downtown St. Pete is empty on March 27.
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The long reach of the coronavirus pandemic has punctured what was a long period of rising multifamily rents in the state, according to a new report from real estate data firm CoStar.

 

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