A new national report from Yardi Matrix shows that U.S. multifamily rent growth in 2019, while steady, falls short of the levels seen in recent years.
The average national rent, which reached $1,442 in May, has grown $14 over the last three months.
Last month was one of only two Mays in the last six years in which year-to-date rent growth fell.
While Phoenix, Las Vegas, Sacramento, Atlanta, and California’s Inland Empire were the year-over-year rent growth leaders in May.
Sacramento’s Rental Growth – May, 2019
| Market | Growth, Year Over Year | Forecast, Year Over Year | Occupancy rate |
| Sacramento | 4.1% | 3.8% | 96.3% |
You can see the full report of the National Rental Market compared to other cities on our FACEBOOK PAGE / Ask The Contractors.
Show Prep Source: https://www.yardimatrix.com/Media/Downloads/File/706-MatrixMonthly-May2019?signup=false&utm_source=press_release
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