According to Trulia's August 2013 Price and Rent Monitors Report, rents have risen 3.5 percent nationally compared to last year. That 3.5 percent represents a 3.9 percent increase in rent of apartment units, compared to only a 1.6 percent rise in rent of single-family homes.
Top 10 Breakdown of Rent Changes in Largest Rental Markets (Y-o-Y%):
1. Seattle, Wash.
ALL: 9.8% | APARTMENT ONLY: 10.5%| SINGLE-FAMILY ONLY: 2.0%
2. Portland, Ore.-Wash.
ALL: 8.2% | APARTMENT ONLY: 9.1% | SINGLE-FAMILY ONLY: 5.2%
3. Miami, Fla.
ALL: 7.0% | APARTMENT ONLY: 7.7% | SINGLE-FAMILY ONLY: 4.0%
4. Houston, Texas
ALL: 6.7%| APARTMENT ONLY: 6.6% | SINGLE-FAMILY ONLY: 7.4%
5. San Francisco, Calif.
ALL: 6.5% | APARTMENT ONLY: 7.2% | SINGLE-FAMILY ONLY: 1.8%
6. Denver, Colo.
ALL: 6.1%| APARTMENT ONLY: 6.6% | SINGLE-FAMILY ONLY: 3.0%
7. San Diego, Calif.
ALL: 4.8% | APARTMENT ONLY: 5.0% | SINGLE-FAMILY ONLY: 4.3%
8. Dallas, Texas
ALL: 4.7% | APARTMENT ONLY: 5.4% | SINGLE-FAMILY ONLY: 2.2%
9. Riverside-San Bernadine, Calif.
ALL: 4.6%| APARTMENT ONLY: 5.5% | SINGLE-FAMILY ONLY: 3.1%
10. Oakland, Calif.
ALL: 4.5%| APARTMENT ONLY: 5.9% | SINGLE-FAMILY ONLY: -1.8%
Say somethin' 'bout it: @MFEmagazine