AI Model Improves Rent Prediction Using Missing Urban Data

Chenya Huang, Bin Liang, Zhidong Li, Yuxi Lu, Kunqi Li, Justin Wang, Fang Chen· August 20, 2026 View original

Key takeaways

  • Missing data in urban datasets can be a valuable contextual signal, not just noise.
  • MARCUS is a new model that leverages missingness to create more accurate urban region representations.
  • The model significantly improves rent prediction accuracy compared to existing methods.
  • Its three-stage approach handles observed features, missing patterns, and cross-modal interactions effectively.

Who benefits

Real EstateUrban PlanningFinancial ServicesData AnalyticsSmart Cities

Summary

Researchers developed MARCUS, a missing-aware region representation model that treats data incompleteness as a contextual urban signal to improve rent prediction. The model significantly outperforms baselines by jointly encoding observed features and missing patterns, estimating modality reliability, and using missing-aware fusion.

This research introduces MARCUS, a novel model designed to improve urban region representation learning, particularly for tasks like real estate appraisal and functional zone identification. A key challenge in this domain is the prevalence of incomplete multimodal urban data. Unlike traditional methods that treat missing data as noise and attempt imputation, MARCUS innovatively views missingness itself as a valuable contextual urban signal. The MARCUS framework operates in three stages. First, "Intra Learning" simultaneously encodes both observed features and the patterns of missing data. Second, "Inter Learning" assesses the reliability of different data modalities to guide how they interact. Finally, a "Fusion" stage employs missing-aware and time-aware gating mechanisms to generate a comprehensive region embedding. Applied to rent prediction, a task influenced by long-term trends and seasonal changes, MARCUS demonstrated state-of-the-art performance on real-world datasets from Sydney and New York. It achieved substantial reductions in Mean Absolute Error (MAE), proving the effectiveness of its missing-aware approach in handling complex urban data.

Why it matters

Accurate real estate appraisal and rent prediction are crucial for investors, urban planners, and property managers, enabling better decision-making in dynamic urban markets, especially when dealing with imperfect data.

How to implement this in your domain

  1. 1Evaluate existing real estate data pipelines for completeness and identify common missing data patterns.
  2. 2Explore integrating missing-aware AI models like MARCUS into property valuation and market analysis tools.
  3. 3Collaborate with data scientists to develop or adapt models that leverage missingness as a feature rather than a flaw.
  4. 4Train real estate analysts on interpreting insights from models that account for data incompleteness.

Original post by Chenya Huang, Bin Liang, Zhidong Li, Yuxi Lu, Kunqi Li, Justin Wang, Fang Chen

"arXiv:2608.18546v1 Announce Type: new Abstract: Multimodal urban data has expanded the applications of urban region representation learning, such as functional zone identification and real estate appraisal, but also introduces challenges caused by data incompleteness. Existing st…"

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Originally posted by Chenya Huang, Bin Liang, Zhidong Li, Yuxi Lu, Kunqi Li, Justin Wang, Fang Chen on X · view source

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