Portland Rental Market Makes 4th in US

Further evidence Portland’s apartment market is reaching the overheated stage:

The city ranks fourth in the nation for growth in apartment rents.

Nationwide, rents increased 1.77 percent in March compared to a year ago, while Portland recorded a 9.92 percent increase in rents

1. Naples, Fla. 
2. San Jose, Calif.
3. Boulder, Colo.
4. Portland, Ore.  (previously #60)

The top four cities for occupancy rates were:

1. San Jose, Calif.,
2. Minneapolis,
3. San Francisco
4. New York.

AXIOMetrics Inc., a Dallas, Tex.-based firm that tracks the apartment market, released its March report on Wednesday.
Read more: Portland rental market No. 4 for growth | Portland Business Journal