Axio: Portland, Oregon, New No. 1 for Rent Growth
The West has dominated the list of top U.S. apartment markets for more than a year now.
That didn’t change in the third quarter of 2015, accor
Nonetheless, California remained well represented, with seven metros in the research and data analysis firm’s list of top 25 apartment markets. Resurgent Florida also did well.
Here’s the complete list from Axio:
| MSA/Metropolitan Division | Annual Effective-Rent Growth |
| 1. Portland-Vancouver-Hillsboro, OR-WA | 14.8% |
| 2. Oakland-Hayward-Berkeley, CA | 13.7% |
| 3. San Francisco-Redwood City-South San Francisco, CA | 11.8% |
| 4. Denver-Aurora-Lakewood, CO | 10.0% |
| 5. San Jose-Sunnyvale-Santa Clara, CA | 9.9% |
| 6. Sacramento-Roseville-Arden-Arcade, CA | 9.7% |
| 7. Seattle-Bellevue-Everett, WA | 7.9% |
| 8. Orlando-Kissimmee-Sanford, FL | 7.6% |
| 9. San Diego-Carlsbad, CA | 7.3% |
| 10. Phoenix-Mesa-Scottsdale, AZ | 7.2% |
| 10. Riverside-San Bernardino-Ontario, CA | 7.2% |
| 12. Nashville-Davidson-Murfreesboro-Franklin, TN | 6.9% |
| 13. Fort Worth-Arlington, TX | 6.8% |
| 14. Las Vegas-Henderson-Paradise, NV | 6.7% |
| 14. Atlanta-Sandy Springs-Roswell, GA | 6.7% |
| 16. Los Angeles-Long Beach-Glendale, CA | 6.6% |
| 17. West Palm Beach-Boca Raton-Delray Beach, FL | 6.2% |
| 17. Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 6.2% |
| 19. Tampa-St. Petersburg-Clearwater, FL | 6.1% |
| 19. Dallas-Plano-Irving, TX | 6.1% |
| 21. Jacksonville, FL | 6.0% |
| 21. Charlotte-Concord-Gastonia, NC-SC | 6.0% |
| 23. Raleigh, NC | 5.8% |
| 24. Salt Lake City, UT | 5.7% |
| 25. Boston-Cambridge-Newton, MA-NH | 5.6% |
Source: multifamilyexecutive.com
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