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Charlotte among top metros for rental housing growth

Clipped from the Charlotte Business Journal

http://www.bizjournals.com/charlotte/news/2016/03/16/charlotte-among-top-metros-for-rental-housing.html


To rank the metros, HomeUnion looked at 44 single-family rental-housing markets nationwide. San Jose, Calif., topped the list, and Charlotte came in at No. 7. Rents in the Queen City are forecasted to grow 5.3% over the year and end 2016 at $1,133.

 

 Here are the top 10 metros, their forecast year-end 2016 rents and 2016 rent growth forecast:

  1. San Jose, Calif., $3,459 7.3%
  2. Orlando, Fla. $1,348, 6.1%
  3. Seattle, $4,191, 5.9%
  4. San Diego, $2,307, 5.7%
  5. San Francisco, $4,451, 5.4%
  6. Denver, $1,834, 5.4%
  7. Charlotte, N.C., $1,133, 5.3%
  8. Austin, Texas, $1,787, 5%
  9. San Antonio, Texas, $1,165, 4.8%
  10. Portland, Ore., $1,879, 4.8%

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