The source data for this is very bad, to the point that it's meaningless. The data comes only from Yardi Matrix, which only includes multifamily rentals. That

The source data for this is very bad, to the point that it's meaningless. The data comes only from Yardi Matrix, which only includes multifamily rentals. That means the data excludes: - single-family homes, townhomes, and condos - ADUs - smaller multifamily rentals (like an old mansion chopped up into apartments) In my city, that means the data excludes at least 20% of rentals and would skew heavily toward newer (and more expensive) units in multifamily projects. It also means that slower-growing cities, like St. Louis, will actually look less affordable than they really are.