Matrix Multifamily Inland Empire Report-Fall 2020 December 15, 2020

Rents edge up in Inland Empire

Rent growth in the Inland Empire led the nation, up 1.2% on a trailing three-month basis through October to $1,669, while the U.S. average stayed flat. Increased demand favored residential development, with 2,393 units delivered and another 2,302 underway as of October.