While multifamily performance in 2020 has not been what the industry had grown accustomed to in the latter half of the last decade, it is not as though occupancy and rent gains have entirely disappeared across the country. With that in mind, let’s look at some markets that have led the way in either average occupancy growth or average effective rent growth since the start of the second quarter – with one caveat. Because many markets have managed to defend occupancies at the expense of rent growth, or the reverse, markets included below met the additional criteria of realizing gains in both metrics.
Top 5 Markets – Average Occupancy Growth
Top 5 Markets – Average Effective Rent Growth (unit)
To learn more about the data behind this article and what ALN Apartment Data has to offer, visit https://alndata.com.
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