MPF: Portland's May Rent Growth Third Highest in US at 12.6%

MPF reports that in Portland rents for new residents are up 17.6 percent and renewals are up 7.4 percent, the third highest in the country, putting total rent growth at 12.6 percent. 

Nationally, U.S. apartment rental rates jumped 6.5% in May 2015 – breaking the previous high for this cycle set just one month earlier.

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