Central Valley is the 41st largest multifamily market with 125,134 completed units and 22,867 units in development, 3,639 of which have already broken ground, as of September 2022.
Central Valley Multifamily Market Summary – September 2022
New lease asking rents are at $1,516, up 8.0%▲
from the previous year placing Central Valley at
85th overall in year-over-year rent growth.
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.