The Fastest-Growing Suburban Markets for Renters via Multifamily Executive Magazine

Given the shift to working from home, whether by preference or by necessity, RENTCafe researcher Sanziana Bona notes that the suburbs have a “newfound appeal” for renters, as they often offer larger apartments, lower density, and lower rents than big cities. Based on Yardi Matrix data for large-scale apartment buildings of 50 units or more, the markets best equipped to meet this new demand are those where the multifamily supply has already been expanding, with a spike in population growth—and in turn new apartment construction—over the past five years.

Read more...The Fastest-Growing Suburban Markets for Renters via Multifamily Executive Magazine