John Burns Real Estate Consulting predicts apartment demand will bounce back, but when that will happen depends greatly on the market. John Burns broke down its apartment forecasts into four categories: Boomburbs, Braintowns, Downtowns, and Dependables. It will be all sunshine for the Boomburbs this year, which are identified as suburban rental markets. Examples include Austin, Tampa, Charleston, and Phoenix. This market greatly benefitted from the migration out of cities. Rental growth may return to normal next year, but as the vaccines roll out and the pandemic gets under control, rents in these areas may dip 1% to 2%.