Central Valley is the 41st largest multifamily market with 124,508 completed units and 22,868 units in development, 3,640 of which have already broken ground, as of August 2022;
Central Valley Multifamily Market Summary – August 2022
New lease asking rents are at $1,521, up 10%▲
from the previous year placing Central Valley
at 64th overall in year-over-year rent growth.
Central Valley Multifamily Market Summary – July 2022
New lease asking rents are at $1,525, up 12%▲
from the previous year placing Central Valley at
56th overall in year-over-year rent growth.
Central Valley Multifamily Market Summary – June 2022
New lease asking rents are at $1,517, up 13.1%▲
from the previous year placing Central Valley at
49th overall in year-over-year rent growth.
Central Valley Multifamily Market Summary – May 2022
New lease asking rents are at $1,494, up 13.3%▲
from the previous year placing Central Valley at
49th overall in year-over-year rent growth.
Central Valley Multifamily Market Summary – April 2022
New lease asking rents are at $1,481, up 13.6%▲
from the previous year placing Central Valley at
47th overall in year-over-year rent growth.
Central Valley Multifamily Market Summary – March 2022
New lease asking rents are at $1,483, up 15.3%▲
from the previous year placing Central Valley at
36th overall in year-over-year rent growth.
Central Valley Multifamily Market Summary – February 2022
New lease asking rents are at $1,465, up 15.4%▲
from the previous year placing Central Valley at
37th overall in year-over-year rent growth.
Central Valley Multifamily Market Summary – January 2022
New lease asking rents are at $1,454, up 15.6%▲
from the previous year placing Central Valley at
34th overall in year-over-year rent growth.
Central Valley Multifamily Market Summary – December 2021
New lease asking rents are at $1,428, up 15.3%▲
from the previous year placing Central Valley at
29th overall in year-over-year rent growth.