Top 10 Cities with the Fastest Growing Residential Rents in 2017

October 12, 2016 Multifamily Investments 0

Real Estate website Zillow published its 2017 Rent Forecast, showing the fastest rent increases expected in the nation.

While the average residential rents across the U.S. are expected to increase by 1.7% in 2017 (down from 6% in 2016), job growth, especially in the West Coast’s tech sector, is expected to drive stronger gains in rental rates:

  1. Seattle, WA:  7.2%
  2. Portland, OR:  6%
  3. Denver, CO:  5.9%
  4. Cincinnati, OH:  5.2%
  5. San Francisco, CA:  4.9%
  6. Los Angeles, CA:  4.8%
  7. Sacramento, CA:  4.7%
  8. San Diego, CA:  4.7%
  9. Phoenix, AZ:  4.6%
  10. San Jose, CA:  4.5%