The 5 Best Markets for Rental Properties in 2015


New data from Reis predicts the top 5 and bottom 5 metros for vacancy and rent increases in 2015

With the homeownership rate staying historically low, multifamily demand across the country remains high and rents are continuing to rise.

Asking rent is expected to increase an average of 3.3 percent nationwide next year, which is generally consistent with 2014 numbers, according to market-research firm Reis. This figure outstrips both overall inflation, projected to be between 1.6 percent and 2 percent, and salary increases, which Mercer forecasts at 3 percent. Continue reading