Austin Makes it to the Top Markets List for Single-Family Rentals
Here’s proof that investing in single-family rentals is a wise financial investment that can help you achieve your goals; the projection of online real estate investment firm Home Union includes Austin, Texas in the top markets list where single-family rentals will see tremendous growth this 2016.
Out of 44 single-family rental markets, Austin gained the 8th spot for projected growth this year. The city is projected to see a 5% growth in rental rates this year, with rentals soaring to $1,787 monthly. Here are the top 10 cities where single-family rental markets are expected to grow:
10. Portland, OR
9. San Antonio, TX
8. Austin, TX
7. Charlotte, N.C.
6. Denver, CO
5. San Francisco, CA
4. San Diego, CA
3. Seattle, WA
2. Orlando, FL
1. San Jose, CA
To view the original article published by the National Real Estate Investor, please click here.
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