Huntsville Apartment Oversupply | Are there too many apartments in Huntsville? New report looks at the boom

Are there too many apartments in Huntsville? New report looks at the boom Huntsville’s apartment boom has led to an oversupply of units in the fast-growing metro area, according to a recent report. We got ahead of ourselves. ...“Huntsville is currently overbuilt with apartments, and until that excess supply is absorbed, we’re going to see a slowdown in new multifamily construction,” Realtor Matt Curtis added. “ We’re seeing the effects of oversupply — one to two months of free rent incentives, declining rents, and higher vacancy rates. That’s not a climate where developers are eager to build. ...“Occupancies are down, values are down, expenses are up,” Wilson said ” Reference: www.al.com
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Average Rental Price in Huntsville, AL & Market Trends | Rates Dropping as Vacancy Rate Surges (19% lower than Madison, AL. )

Average Rental Price in Huntsville

7 days ago — The median rent for all bedrooms and all property types in Huntsville, AL is $1,458. Rent in Huntsville, AL is 46% lower than Brownsboro, AL. (Madison County Alabama) ... How much does it cost to rent a house in Huntsville, AL?

Reference: www.zillow.com

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