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Posted over 5 years ago

Top & Bottom U.S. Multifamily Rent Growth Trends as of Sept 2019

In order to compete in this stage of the market cycle, you must have data readily available in order to make fast decisions. The data below is gathered from CoStar on a minute-by-minute basis and will give you an idea of the top markets for investing in multifamily as of September 2019.

Top Rent Growth Markets (Based on YoY):

  1. 1. Phoenix: 7.6%
  2. 2. Las Vegas: 7.4%
  3. 3. Raleigh: 5.0%
  4. 4. Sacramento: 4.6%
  5. 5. Austin: 4.4%
  6. 6. Atlanta: 4.3%
  7. 7. Inland Empire: 4.3%
  8. 8. Boston: 4.3%
  9. 9. Charlotte: 4.1%
  10. 10. Nashville: 4.0%
  11. *Only includes markets with 100K+ units inventory

Bottom Rent Growth Markets (Based on YoY):

  1. 1. Houston: 1.0%
  2. 2. Columbus: 1.6%
  3. 3. East Bay: 2.0%
  4. 4. Northern New Jersey: 2.1%
  5. 5. San Jose: 2.2%
  6. 6. Cleveland: 2.4%
  7. 7. Los Angeles: 2.5%
  8. 8. Miami: 2.6%
  9. 9. Fort Lauderdale: 2.6%
  10. 10. Kansas City: 2.6%
  11. *Only includes markets with 100K+ units inventory


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