As another year comes to a close, West Coast cities continue to dominate the top U.S. markets for tenant demand for rental housing.
Portland, Oregon landed the number seven spot on USA Today’s “16 cities where it’s more affordable to rent than to own” list released Monday, based on Urban Institute’s rent gap calculations.
Steve Morris, IMG Northwest Vice President, notes that “this tenant demand is forecasted to drive rent prices upward for apartment operators in Portland.”
To learn more about projected 2018 multifamily trends and opportunities in Portland, contact Steve Morris at (971) 888-4010 ext. 107.
Full article at USAToday.com