Posts Tagged ‘increasing rental rates 2016’

Top 5 Cities Where Rents Are Expected to Rise Most in 2016

Searching for a home to rent in Las Vegas? Don’t be surprised if you start seeing lower rent prices. The Zillow Rent Forecast projects a big slowdown in rents over the next with rents finally expecting to rise just 1.1 percent in 2016. Rent increased dramatically in 2015 making affordability an issue for renters all over the country — and especially in fast-growing metros.

“The slowdown in rental appreciation will provide some relief for renters who’ve been seeing their rents

Increasing rents expected for 2016

There’s no denying that renters all over the U.S. are seeing rent increases, but it looks like increasing rents are expected for 2016 as well. Annual rent growth in September was 5.2 percent, the highest since 2011 and the eighth-straight month the rate has been five percent or higher, according to Axiometrics, an apartment research firm. Overall, U.S. property managers and Las Vegas property managers expect to raise rents – possibly by as much as eight percent next year – as demand rises and vacancies fall,