Ivan Kaufman real estate

The Top 25 Markets for Apartment Rent Growth

Ivan Kaufman real estateSeven of the top 25 fastest growing markets for apartment rent growth in 2015 were in California. That’s according to new research from Axiometrics, which is highlighted in a recent blog post on ALEX Chatter. Another West Coast city — Portland, Ore. — took the number one spot with an annual rent growth of 12%. This level of performance is quite impressive:

“When cities like Portland, Ore., and Oakland, Calif., are posting double digital annual rent growth, it won’t surprise you that the first three quarters of the year were “the most robust period we have seen since before the Great Recession,” according to Jay Denton, senior vice president of analytics at Axiometrics.

Did your favorite market make the list? Be sure to check out the full blog post, which has an interactive chart of the Top 25 best performing cities. You’ll see a strong representation from the East Coast and Southwest as well.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s