Bisnow published a list of the top 10 markets with the highest annual rent gains between Q4 2015 and Q4 2016:
- Oakland, CA (CBD)
Q4 2015 Rent: $43.44/SF
Q4 2016 Rent: $52.56/SF
Growth: 20.9% - Dallas-Fort Worth
Q4 2015 Rent: $21.98/SF
Q4 2016 Rent: $25.97/SF
Growth: 18.1% - Nashville, TN
Q4 2015 Rent: $19.78/SF
Q4 2016 Rent: $22.99/SF
Growth: 16.2% - Austin, TX
Q4 2015 Rent: $41.33/SF
Q4 2016 Rent: $47.67/SF
Growth: 15.3% - Detroit, MI
Q4 2015 Rent: $18.05/SF
Q4 2016 Rent: $20.38/SF
Growth: 12.9% - San Jose, CA
Q4 2015 Rent: $38.85/SF
Q4 2016 Rent: $43.68/SF
Growth: 12.4% - Cambridge, MA
Q4 2015 Rent: $58.34/SF
Q4 2016 Rent: $65.26/SF
Growth: 11.8% - Fort Lauderdale, FL
Q4 2015 Rent: $35.50/SF
Q4 2016 Rent: $39.59/SF
Growth: 11.5% - Oakland, CA (suburbs)
Q4 2015 Rent: $30.48/SF
Q4 2016 Rent: $33.96/SF
Growth: 11.4% - Salt Lake City, UT
Q4 2015 Rent: $21.60/SF
Q4 2016 Rent: $23.86/SF
Growth: 10.4%