Four HZ Markets Among Top Ten for Rent Growth

Throughout the U.S., the apartment sector remained healthy during Q4 2013, sustaining tight occupancy and rent growth. Property Management Insider reports that during the quarter, national occupancy held relatively stable at 95%. Rent growth, fell slightly from Q3’s 3.2% to 2.8%.

Four of Hamilton Zanze’s markets ranked in the top 10 nationally for rent growth (HZ markets are in bold):

1. (Tie) Denver-Boulder – 7.0%
1. (Tie) San Jose – 7.0%
3. (Tie) Portland – 6.6%
3. (Tie) Oakland – 6.6%
5. San Francisco – 6.0%
6. Seattle-Tacoma – 5.5%
7. Miami – 5.2%
8. West Palm Beach – 4.9%
9. Austin – 4.8%
10. Houston – 4.4%

Read more at Property Management Insider