Top 20 U.S. Real Estate Markets for Build to Rent 2024
Joseph V. Scorese, Lendmarq, Nationwide Direct Private Lender

Top 20 U.S. Real Estate Markets for Build to Rent 2024

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As of my last update, specific rankings for the top US real estate markets for build-to-rent (BTR) in 2024 may not be available. However, I can provide you with a list of some of the top real estate markets in the US that have historically been favorable for BTR developments, based on factors such as population growth, job opportunities, rental demand, and affordability:

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Dallas-Fort Worth, Texas: Booming economy, strong job growth, and affordable housing make it attractive for BTR developments.

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Atlanta, Georgia: Rapid population growth, diverse economy, and relatively low cost of living support demand for rental housing.

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Phoenix, Arizona: Population growth, business-friendly environment, and affordable housing options make it a promising market for BTR.

Houston, Texas: Diverse economy, growing population, and affordable housing contribute to rental demand.

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Orlando, Florida: Tourism, population growth, and a vibrant economy create opportunities for BTR developments.

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Austin, Texas: Tech industry growth, young population, and a strong rental market support BTR projects.

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Nashville, Tennessee: Music industry hub, job growth, and increasing population drive demand for rental housing.

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Charlotte, North Carolina: Growing economy, business-friendly environment, and affordability attract renters.

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Tampa, Florida: Population growth, diverse economy, and attractive lifestyle support BTR developments.

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Raleigh-Durham, North Carolina: Tech industry growth, research institutions, and a growing population create rental demand.

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Denver, Colorado: Strong economy, outdoor lifestyle, and growing population contribute to rental market demand.

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Las Vegas, Nevada: Tourism, population growth, and relatively affordable housing make it favorable for BTR.

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Miami, Florida: International appeal, diverse economy, and lifestyle amenities support rental demand.

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Salt Lake City, Utah: Growing economy, outdoor recreation, and a young population create opportunities for BTR developments.

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San Antonio, Texas: Strong job growth, military presence, and affordable housing contribute to rental demand.

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Seattle, Washington: Tech industry hub, strong job market, and population growth support BTR projects.

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Portland, Oregon: Tech industry growth, sustainability focus, and lifestyle amenities make it attractive for BTR.

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San Diego, California: Biotech industry, beautiful weather, and lifestyle amenities support rental demand.

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Indianapolis, Indiana: Affordable housing, growing economy, and job opportunities make it favorable for BTR.

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Columbus, Ohio: Diverse economy, growing population, and affordability create opportunities for BTR developments.

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These markets have shown resilience and attractiveness for rental housing in the past, making them potential candidates for BTR projects in 2024 and beyond. However, it's essential to conduct thorough market research and analysis to determine the feasibility and viability of BTR developments in any specific location.

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