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Texas  + Apartments  | 
Understanding Cap Rates

Odessa, Midland Take Top Spots in MF Rent Increases

Odessa and Midland, TX were ranked numbers 1 and 2, respectively, in RentCafe’s Apartment Market Report, Year End 2018. Pointing out that “the most spectacular rent changes usually take place in small markets,” the report indicated that year-over-year multifamily rent growth in Odessa stood at 21.8%, with Midland reporting a 21.4% increase from the end of 2017.

RentCafe_Midland&Odessa

 

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