The Five Markets with Outsized Apartment Rent Growth

Apartment rents are growing fastest in smaller cities and secondary markets, far from the mega-cities where developers have focused most of their attention in recent years.

“Decent job growth, combined with very low new supply levels, is a recipe for high rental growth rates,” says Louis Rosenthal, analyst for data firm Axiometrics.

Here we look at secondary markets with the highest rent growth for apartment properties.