Tri-Cities is the 115th largest multifamily market with 16,063 completed units and 2,972 units in development, 1,351 of which have already broken ground, as of February 2022.
Tri-Cities Multifamily Market Summary – February 2022
New lease asking rents are at $1,230, up 16.6%▲
from the previous year placing Tri-Cities at 31st
overall invyear-over-year rent growth.
Tri-Cities Multifamily Market Summary – January 2022
New lease asking rents are at $1,227, up 17.3%▲
from the previous year placing Tri-Cities at 28th
overall in year-over-year rent growth.
Tri-Cities Multifamily Market Summary – December 2021
New lease asking rents are at $1,222, up 17.6%▲
from the previous year placing Tri-Cities at 20th
overall in year-over-year rent growth.
