Tri-Cities is the 115th largest multifamily market with 16,164 completed units and 4,103 units in development, 1,823 of which have already broken ground, as of September 2022.
Tri-Cities Multifamily Market Summary – September 2022
New lease asking rents are at $1,297, up 6.5%▲
from the previous year placing Tri-Cities at 106th
overall in year-over-year rent growth.
Tri-Cities Multifamily Market Summary – August 2022
New lease asking rents are at $1,298, up 8.5%▲
from the previous year placing Tri-Cities at 92nd
overall in year-over-year rent growth.
Tri-Cities Multifamily Market Summary – July 2022
New lease asking rents are at $1,292, up 10.1%▲
from the previous year placing Tri-Cies at 81st
overall in year-over-year rent growth.
Tri-Cities Multifamily Market Summary – June 2022
New lease asking rents are at $1,279, up 11%▲
from the previous year placing Tri-Cities at
74th overall in year-over-year rent growth.
Tri-Cities Multifamily Market Summary – May 2022
New lease asking rents are at $1,264, up 13.9%▲
from the previous year placing Tri-Cities at 41st
overall in year-over-year rent growth.
Tri-Cities Multifamily Market Summary – April 2022
New lease asking rents are at $1,250, up 16.1%▲
from the previous year placing Tri-Cities at
32nd overall in year-over-year rent growth.
Tri-Cities Multifamily Market Summary – March 2022
New lease asking rents are at $1,232, up 15.6%▲
from the previous year placing Tri-Cities at 34th
overall in year-over-year rent growth.
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 in vyear-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.
