Research Center - Sacramento
Rent Growth Continues in Sacramento
California’s capital city again led the nation in multifamily rent growth in 2017. This year, a surge of 1,100 new apartments is poised to push rates up by a more moderate 7.2 percent.
Sacramento Market Maintains Robust Rent Growth
While investment activity has slightly tempered in the city, property values have skyrocketed, boosting average per-unit prices to $160,000. New supply remains limited, as only 900 units will be added to the market in 2017.