Top 5 and Bottom 5 Multifamily Rent Growth Markets

Rent growth is a useful metric for investor appetite and can trigger decisions on where to buy and sell. San Francisco tops the list with rent growth at 7.8% in the first half of 2013.  The Las Vegas market fell to the bottom of the pack in step in the right direction for the struggling city.  

Top 5                                                                Bottom 5

San Francisco 7.8%                          Las Vegas 0.2%
Oakland 6.9%                                   New York 0.3%
Denver- Boulder 6.1%                      Hartford 0.7%
Seattle- Tacoma 6.0%                     Washington, D.C. 0.8%
San Jose 5%                                      Memphis 0.9%

Source: Multifamily Executive, October 2013