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August 1, 2014

12 Apartment Boom Towns

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12 Apartment Boom Towns

Sparefoot, a storage unit company, recently released a list of the top “boom towns for apartments,” basing its rankings on factors such as the availability of apartments as well as economic and population growth in the 100 most populated metro areas. The company culled data from the U.S. Census Bureau and U.S. Bureau of Economic Analysis.

According to Sparefoot’s analysis, these cities are seeing their multifamily business booming:

  1. San Jose, Calif.
  2. Austin, Texas
  3. Houston, Texas
  4. Grand Rapids, Mich.
  5. Nashville, Tenn.
  6. Dayton, Ohio
  7. Portland, Ore.
  8. San Francisco, Calif.
  9. Dallas-Fort Worth, Texas
  10. Oklahoma City, Okla.
  11. Seattle, Wash.
  12. Minneapolis-St. Paul, Minn.

Source: “Rent in an Apartment Boom Town,” realtor.com® (March 28, 2014) and “The SpareFoot List: America’s Top 15 Apartment Boom Towns,” SpareFoot (March 9, 2014)

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