Rent Growth

Seattle, Sacramento and Portland achieved the most significant rent growth, with all three markets seeing gains in excess of 11%. Phoenix and Atlanta followed with year-over-year growth in the mid-8% range. Conversely, San Francisco, Denver and Houston continued to decelerate.

Year-over-year, all asset classes

Source: Yardi Matrix May 2016 Monthly Report

Source: Yardi Matrix May 2016 Monthly Report