As the third quarter draws to a close, Providence, Rhode Island, is significantly outpacing the national average for rent growth performance in the multifamily sector. Compared to September of last year, multifamily rents in the Ocean State’s capital city, have ballooned by nearly 6%, significantly outpacing the national annual average rent increase of 1%.
Providence, Rhode Island, Leads Nation in Annual Multifamily Rent Growth
Rising Apartment Rents Highlight Growing Affordability Concerns
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