3.3%
The forecasted national average for rent growth this year.
The forecasted national average for rent growth this year.
Following Sacramento, the nation’s lowest vacancy rates will occur in Rochester, N.Y.; Providence, R.I.; Ventura County, Calif.; and San Bernardino/Riverside, Calif.
2.2%
Sacramento, Calif., is expected to see the lowest forecasted vacancy rate.
Sacramento, Calif., is expected to see the lowest forecasted vacancy rate.
1.7%
The lowest forecasted asking-rent increase, in Chattanooga, Tenn., and Little Rock, Ark..
The lowest forecasted asking-rent increase, in Chattanooga, Tenn., and Little Rock, Ark..
Only two metros (Chattanooga and Little Rock) are projected to have asking-rent jumps lower than overall inflation in 2015.
8.9%
The highest forecasted vacancy rate, in Memphis, Tenn.
The highest forecasted vacancy rate, in Memphis, Tenn.
4.9%
San Jose, Calif., is expected to see the highest forecasted asking-rent increase.
San Jose, Calif., is expected to see the highest forecasted asking-rent increase.
7.4% – 7.8%
The 2015 vacancy-rate range for Charleston, S.C.; Birmingham, Ala.; Washington, D.C.; and Raleigh-Durham, N.C.
The 2015 vacancy-rate range for Charleston, S.C.; Birmingham, Ala.; Washington, D.C.; and Raleigh-Durham, N.C.
Following Chattanooga and Little Rock, rent increases are forecasted to be lowest, at 2% each, in Westchester County, N.Y.; Fairfield County, Conn.; and Albuquerque, N.M.
After San Jose, the metros projected to have the highest asking-rent jumps are San Francisco; Denver; Seattle; and Oakland-East Bay, Calif.