MPF Research Pegs Portland's Annual Q1 2014 Rent Growth #4 Nationally at 7.9%

Newly released data shows the U.S. apartment sector continues to post strong fundamentals even as new supply levels ramp up – with occupancy registering around 95% and annual rent growth around 3% for the seventh consecutive quarter. If there are any surprises, it’s that rent growth levels haven’t slipped – and in fact, they’ve jumped in some key spots with significant levels of apartment development.

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Annual Rent Growth Leaders for Year Ending Q1 2014
Rank	Metro	Annual Rent Growth
1	Oakland	9.1%
2	San Jose	8.7%
3	San Francisco	8.1%
4	Portland	7.9%
5	Denver-Boulder	7.6%
6	Seattle-Tacoma	6.2%
7	Miami	5.7%
8 (Tie)	Houston	4.7%
8 (Tie)	San Diego	4.7%
10	Austin	4.5%
12 (Tie)	Atlanta	4.3%
12 (Tie)	Nashville	4.3%