Rental Costs Climbing

Rental cost show strong increases

According to an apartment research firm, January had one of the strongest national increases in rent seen since the post-recession period. According to this research firm January saw a very strong 4.9% annual rental increase as well as an equally strong 94.6% occupancy rate.

Naturally, here in California, we lead the nation in high rental amounts! Data from the January rental report also showed that some of the fastest growing rental increases were in Denver, Kansas City, Nashville, Portland, and Charlotte, North Carolina. Read more