Jacksonville is the 45th largest multifamily market with 109,373 completed units and 37,132 units in development, 7,734 of which have already broken ground, as of December 2021.
Jacksonville Multifamily Market Summary – December 2021
New lease asking rents are at $1,447, up 23.1%▲
from the previous year placing Jacksonville at
5th overall in year-over-year rent growth.