Rent Growth

Rents were up 2.8% nationwide in February, down 40 basis points from January and roughly half the 5.5% growth rate of a year ago.

Year-over-year, all asset classes

National average includes 111 markets tracked by Matrix, not just the 30 metros listed above. Source: Yardi Matrix February 2017 Monthly Report
National average includes 124 markets tracked by Matrix, not just the 32 metros listed above.
Source: Yardi Matrix February 2017 Monthly Report