What You'll Pay For Rent In America's Fastest-Growing Cities - News Summed Up

What You'll Pay For Rent In America's Fastest-Growing Cities


The U.S. Census' list of fastest-growing cities by percentage released last month comprised primarily suburbs in high-growth metro areas. The mass of people flocking to these cities will be happy to know that in most cases, the average apartment rent falls in line with that of the market in which they are located. In fact, the average effective rent in three of the top 10 on the Census' list is lower than the metro average. Two of those cities are less expensive to rent in than their attendant submarkets, according to Axiometrics apartment market research. Conroe, which is benefitting from the sprawling new Exxon campus in Montgomery County, recorded an average apartment rent level of $996 in May 2017, according to the apartment research.


Source: Forbes June 21, 2017 19:07 UTC



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