Yardi Matrix Monthly reported the national average for multifamily rents in January rose $5 to an all-time high of $1,170. Portland repeated as the number one market out of 111 for year-over-year rent growth at more than 14%. Trailing Portland was San Francisco with a little more than 10% year-over-year rent growth.
Thursday, January 28, 2016
Portland's Rent Growth Is Dominating Over Other Markets
Yardi Matrix Monthly reported the national average for multifamily rents in January rose $5 to an all-time high of $1,170. Portland repeated as the number one market out of 111 for year-over-year rent growth at more than 14%. Trailing Portland was San Francisco with a little more than 10% year-over-year rent growth.
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