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Updated almost 10 years ago on . Most recent reply
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New Rental Data for 70 Metro Areas
The National Association of Realtors just released some very useful rental data for 70 metro areas showing information like the % change of income for renters from 2009-2014, % change in number of renter households, and % change in number of owner households.
For example, in Tulsa, Oklahoma, rents increased by 11.03% from 2009 - 2014 while renter income increased by 17.05%. The number of renter households increased by 5.69% while the number of owner households decreased by 11.59% during the same time frame (a lot of people moving back in with family or sharing housing!).
Here is a link to the original article and tabular data.
Edit: I tried to post the tabular data but the forum doesn't display tables correctly. If anyone knows how to post tables to the forum and maintain the formatting, please PM me.
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thank you... some interesting data.. need to be north of 15% rent increase to be above national average... the Pacific northwest which is really under the radar was a top performer.
and look at the income growth in Utah... and we know why that is... most of the Gurus marketing arms are centered there and we know how much those guru's are making off of US folks wanting to crack into Real Estate rich's.... :)
- Jay Hinrichs
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