Wednesday, November 18, 2015

Seattle in Top 15 for Rent Increases

Here are the 25 cities with the largest rental increases in the past year, according to RentRange:
  1. Cape Coral-Fort Myers, FL  (23.6%)
  2. Sacramento-Arden-Arcade-Roseville, CA  (17.6%)
  3. North Port-Bradenton-Sarasota, FL  (17.2%)
  4. San Francisco-Oakland-Fremont, CA  (17.0%)
  5. Charleston-North Charleston, SC  (16.5%)
  6. Los Angeles-Long Beach-Santa Ana, CA  (16.3%)
  7. San Jose-Sunnyvale-Santa Clara, CA  (16.1%)
  8. Denver-Aurora, CO  (14.6%)
  9. Dallas-Fort Worth-Arlington, TX  (14.0%)
  10. San Diego-Carlsbad-San Marcos, CA  (13.6%)
  11. Nashville-Davidson-Murfreesboro-Franklin, TN  (13.2%)
  12. Portland-Vancouver-Hillsboro, OR-WA  (12.6%)
  13. Augusta-Richmond County, GA-SC  (12.3%)
  14. Stockton, CA  (12.1%)
  15. Seattle-Tacoma-Bellevue, WA  (11.9%)
  16. Columbus, OH  (11.5%)
  17. Tulsa, OK  (11.3%)
  18. Kansas City, MO-KS  (10.6%)
  19. Little Rock-North Little Rock-Conway, AR  (10.4%)
  20. Tampa-St. Petersburg-Clearwater, FL  (10.3%)
  21. Orlando-Kissimmee-Sanford, FL  (10.0%)
  22. Oxnard-Thousand Oaks-Ventura, CA  (10.0%)
  23. Birmingham-Hoover, AL  (9.8%)
  24. Bakersfield-Delano, CA  (9.7%)
  25. Houston-Sugar Land-Baytown, TX  (9.6%)
Landlords are making a better living, as millennials and others choose renting over buying. It is a great time to be a property owner in these cities!

Happy Investing!

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