Rental Housing Supply

Rental housing supply refers to the number of rental units available in a market at a given time. It depends on how many landlords or property owners choose to rent out their properties and the rate at which new rental units are built or existing units are renovated. A healthy supply balances available rentals with demand, helping to prevent excessive rent increases and ensuring affordability. Factors like construction costs, government policies, and economic conditions influence this supply, affecting how easy or difficult it is for people to find rental housing.