{{titleBar.title}}

{{titleBar.tagline}}

 

 

Five Texas cities among nation's 20 fastest-growing suburbs for rentersFive Texas cities among nation's 20 fastest-growing suburbs for rentershttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=219852019-02-19T06:00:00Z2019-02-19T16:00:00Z

​​​​​​​​​SANTA BARBARA, Calif. – Five Texas cities have landed on RentCafe's list of the 20 fastest-growing suburbs in the country. 

Flower Mound, a Dallas-area suburb, ranked third on the list, with the renter population growing 115 percent over the last five years. The average rent was $1,546 in October 2018, up 22 percent over five years.

Eighth Allen (Dallas) and ninth Burleson (Fort Worth) saw their renter populations grow 71 and 70 percent, respectively. Allen rents grew 16 percent to $1,295 while Burleson rents were at $1,187 (up 21 percent over five years​​​​​​​​) in October.

No. 11 Pearland was the only Houston metro on the list, with the renter population change over five years at 67 percent. The average rent was $1,273, up 6 percent over five years.

The Colony (Dallas) ranked 19th. The five-year renter population change was 58 percent. Average rents grew 25 percent over five years to $1,315 in October 2018.

RentCafe ranked the suburbs by change in renter population since 2013. The rest of the top ten rankings are:

  • No. 1 Chamblee, Ga. (Atlanta, 156 percent five-year renter change);

  • No. 2 Norcross, Ga. (Atlanta, 148 percent);

  • No. 4 Riverview, Fla. (Tampa, 106 percent);

  • No. 5 Clarkston, Ga. (Atlanta, 97 percent);

  • No. 6 Johns Creek, Ga. (Atlanta, 79 percent);

  • No. 7 Lutz, Fla. (Tampa, 74 percent); and

  • No. 10 Lilburn, Ga. (Atlanta, 67 percent).

RentCafe
U.S.
Multifamily
https://www.rentcafe.com/blog/apartment-search-2/trending-suburbs/Read more at {Source}

 Search NewsTalk Texas