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Updated 7 months ago on . Most recent reply

John Williams's profile image
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John Williams
  • Property Manager
  • from Clarksville, TN
  • Member since Apr 23, 2018
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John Williams
  • Property Manager
  • from Clarksville, TN
  • Member since Apr 23, 2018
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John Williams
  • Property Manager
  • Clarksville, TN
204
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Market Trends & Data

Rent Growth Trends

John Williams
  • Property Manager
  • Clarksville, TN
Posted

Interesting graph from CoreLogic. What is the story in your market? A recent study I completed for a segment in Clarksville, TN showed YoY rent growth of 5.42%!

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Greg Scott
#3 General Real Estate Investing Contributor
  • Rental Property Investor
  • SE Michigan
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Greg Scott
#3 General Real Estate Investing Contributor
  • Rental Property Investor
  • SE Michigan
Replied

The average temperature in the United States is 50 degrees, but if you are standing in Death Valley or Gnome, Alaska, what you experience may feel very different.

In the handful of MSAs that I monitor, I'm seeing YoY rent changes from (2%) to 8%. But, even within an MSA you can have a similar range of differences.

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