Market-Rate Housing

Market-rate housing refers to residential properties that are rented or sold at current market prices, without any government subsidies or restrictions. These prices are determined by supply and demand in the real estate market. Market-rate housing can include apartments, single-family homes, and condos. Unlike affordable housing, which is designed to accommodate lower-income individuals or families, market-rate housing is accessible to anyone who can afford the price dictated by the market. This category aims to reflect the economic conditions and trends in a specific area, influencing how housing is developed and priced.