Zillow: Skyrocketing DFW apartment rents expected to slow in 2016 via Dallas Business Journal

With apartment rents in Dallas-Fort Worth growing 6 percent — more in certain submarkets — in 2015, Seattle-based Zillow Chief Economist Svenja Gudell said she expects the rise in apartment rents to slow in 2016.

"The pace in which rent is appreciating will decline and rents will continue rising, but at a slower rate," Gudell told the Dallas Business Journal.

In Dallas, apartment rents are expected to grow 2.1 percent from December 2015 to December 2016, which would mean the metro area's median rent is expected to increase from $1,500 per month to $1,532 per month.

Read more...Zillow: Skyrocketing DFW apartment rents expected to slow in 2016 - Dallas Business Journal