The 50 largest multifamily markets in the U.S., which represent CoStar’s national index, ended the third quarter of 2024 with an average 12-month rent growth of 1.1%. Many of the next 15 largest markets, including several in upstate New York, see gains well above the national benchmark as developers have been less active in these areas.
Upstate New York well represented among top secondary markets for rent growth
Strong demand and fewer completions drive rents higher
CoStar Analytics
October 14, 2024 | 8:02 P.M.
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