{"id":112517,"date":"2021-04-28T04:15:00","date_gmt":"2021-04-28T11:15:00","guid":{"rendered":"https:\/\/www.rentcafe.com\/blog\/?p=112517"},"modified":"2022-09-30T05:44:39","modified_gmt":"2022-09-30T12:44:39","slug":"rentcafe-market-competitivity-report-april-2021","status":"publish","type":"post","link":"https:\/\/www.rentcafe.com\/blog\/rental-market\/market-snapshots\/rentcafe-market-competitivity-report-april-2021\/","title":{"rendered":"The Hottest Rental Markets in the U.S.: Mid-sized Hubs Take the Lead in Competitivity"},"content":{"rendered":"<ul style=\"font-weight: 400;\">\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><em>As the U.S. apartment market is showing signs of growth, RentCafe ranked the most competitive rental markets in the first quarter of the year.<\/em><\/li>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><em>Central Valley, CA, is the hottest rental market in the U.S., leading a pack of emerging mid-sized hubs spread across the nation.<\/em><\/li>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><i><span data-contrast=\"none\">Southern mega-markets are the most in-demand large renter hubs, with five present in the ranking.<\/span><\/i><\/li>\r\n<\/ul>\r\n<p><span data-contrast=\"none\">F<\/span><span data-contrast=\"none\">ollowing one of the most disruptive periods of our times, at the start of 2021, the most\u00a0<\/span><span data-contrast=\"none\">in demand<\/span><span data-contrast=\"none\">\u00a0locations for renters were certainly not the ones you would expect.\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"none\">When trying to assess the competitiveness of our country\u2019s 125 largest rental markets, we f<\/span><span data-contrast=\"none\">oun<\/span><span data-contrast=\"none\">d m<\/span><span data-contrast=\"none\">id-sized markets like Central Valley, CA, Spokane, WA, and Boise, ID were the most sought-after this past quarter. These emerging renter hubs share a similar story, attracting renters from larger metros with a mix of cheaper, slower living and a growing number of opportunities. Coupled with a shift towards remote work, the nation&#8217;s mid-sized renter hubs were poised to get a boost in the first quarter of the year.\u00a0<\/span><\/p>\r\n<p>&#8220;The largest markets and surrounding exurbs show renters are distinctly looking to get more square footage or more amenities for the same price, within these hubs and close to them. Residents from large gateway markets are \u201ctrading up\u201d, and with work-from-home policies, exurb locations close to these areas are also benefitting from this behaviour.&#8221; <span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">says <strong>Doug Ressler<\/strong>, manager of business intelligence at Yardi Matrix.\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"none\">To rank the hottest rental markets in the nation, we looked at the most revealing industry metrics when it comes to competitivity:<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">what percentage of apartments were occupied<\/span><\/li>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"none\">how many days rentals\u00a0were vacant\u00a0\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"none\">how many prospective renters competed for apartments<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"none\">the<\/span><span data-contrast=\"none\">\u00a0rent\u00a0<\/span><span data-contrast=\"none\">price\u00a0<\/span><span data-contrast=\"none\">trend\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<p>On a national level, U.S. apartments were vacant for an average of 39 days during the first quarter of 2021. 94% of rentals were occupied during the time period, with an average of 11 renters competing per apartment. The rent trend score was 20 in the first three months of the year, showing slight growth.<\/p>\r\n<h2><span data-contrast=\"none\">The nation\u2019s hottest rental markets are emerging from mid-sized places <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h2>\r\n<p>The hottest rental markets in the nation share a common thread: with a few key exceptions, most of them are mid-sized. Central Valley, which includes rising California hubs such as <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/fresno-ca\/\">Fresno<\/a>, <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/bakersfield-ca\/\">Bakersfield<\/a>, <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/stockton-ca\/\">Stockton<\/a> and <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/modesto-ca\/\">Modesto<\/a>, is the hottest rental market in the nation, with a 5.5 competitive score.<\/p>\r\n<p><script id=\"infogram_0_5b6f6d90-3559-47cc-8bfe-01f44c6ce3f1\" title=\"Top20HottestMarkets_RentCafeQ4\" src=\"https:\/\/e.infogram.com\/js\/dist\/embed.js?YDY\" type=\"text\/javascript\"><\/script><\/p>\r\n<p><strong><em>To see the full ranking, scroll through the table using the bar on the right.<\/em><\/strong><\/p>\r\n<p><span data-contrast=\"none\">The story behind Central Valley\u2019s meteoric rise is becoming an archetype among the nation\u2019s mid-sized cities. In a chicken-and-egg scenario, these markets are attracting an <a href=\"https:\/\/www.sfchronicle.com\/local\/article\/Work-from-home-means-the-Bay-Area-s-hot-new-16007519.php\">increasing number of residents<\/a> looking for cheaper alternatives to expensive markets and shifting from traditional industries (in this case, agriculture and energy) to more diversified job markets<\/span><span data-contrast=\"none\">. As the days when Central Valley was known for its<\/span><span data-contrast=\"none\">\u00a0<\/span><a href=\"https:\/\/www.washingtonpost.com\/national\/bakersfield-once-the-butt-of-jokes-is-booming-so-are-many-other-inland-california-cities\/2019\/07\/19\/f6b52a1e-944a-11e9-aadb-74e6b2b46f6a_story.html\"><span data-contrast=\"none\">pass-through cities<\/span><\/a><span data-contrast=\"none\">\u00a0are\u00a0<\/span><span data-contrast=\"none\">fading<\/span><span data-contrast=\"none\">,<\/span><span data-contrast=\"none\">\u00a0<\/span><span data-contrast=\"none\">renters\u00a0<\/span><span data-contrast=\"none\">have<\/span><span data-contrast=\"none\"> been eyeing this area more and more, turning it into the most competitive market in the U.S. in the first three months of the year.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\"> Fellow mid-sized California markets Sacramento and the Inland Empire also made it to the ranking, as more people are relocating from <a href=\"https:\/\/losangeles.cbslocal.com\/2021\/02\/19\/residents-moving-out-of-los-angeles-metro-area-to-inland-empire-causing-rents-to-skyrocket\/\">L.A.<\/a> and the Bay Area, according to <a href=\"https:\/\/www.redfin.com\/news\/october-2020-housing-migration-trends\/\">RedFin<\/a>.<\/span><\/p>\r\n<p><span data-contrast=\"none\">Spokane, WA, and <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/boise-city-id\/\">Boise, ID<\/a>, come in second and third, sharing a similar trajectory. With a competitive score of 10,\u00a0<\/span><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/spokane-wa\/\"><span data-contrast=\"none\">Spokane apartments<\/span><\/a><span data-contrast=\"none\">\u00a0are highly sought-after<\/span><span data-contrast=\"none\">\u00a0by lots of prospective renters<\/span><span data-contrast=\"none\">. The area has been making headlines since Amazon announced plans to open a new fulfilment center in the city, but the market has <\/span><span data-contrast=\"none\">been<\/span><span data-contrast=\"none\">\u00a0<\/span><a href=\"https:\/\/www.latimes.com\/nation\/nationnow\/la-na-spokane-washington-boom-20180811-story.html\"><span data-contrast=\"none\">on the rise for a while now<\/span><\/a><span data-contrast=\"none\">. Spokane\u2019s mix of small companies and well-paying government, medicine and higher-education jobs has attracted residents from the Puget Sound for years now, especially from the pricier Seattle area. Meanwhile,\u00a0<\/span><span data-contrast=\"none\">third-ranked\u00a0<\/span><span data-contrast=\"none\">Boise, ID, has become known as a prime\u00a0<\/span><a href=\"https:\/\/www.businessinsider.com\/boise-idaho-fastest-growing-city-in-us-photos-growth-cost-2019-12\"><span data-contrast=\"none\">relocation hub for Californians<\/span><\/a><span data-contrast=\"none\">, since the area offers a balance between slow (and cheaper) living, short commutes and big-city amenities.\u00a0\u00a0<\/span><\/p>\r\n<p>Other cities that made the top 20 hottest rental markets this quarter are: <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/eugene-or\/\">Eugene, OR<\/a>; <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/lehigh-valley-pa\/\">Lehigh Valley, PA<\/a>; <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/albuquerque-nm\/\">Albuquerque, NM<\/a>; <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/knoxville-tn\/\">Knoxville, TN<\/a>; Eastern Virginia, VA; <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/huntsville-al\/\">Huntsville, AL<\/a>; <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/tacoma-wa\/\">Tacoma, WA<\/a>; <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/colorado-springs-co\/\">Colorado Springs, CO<\/a>; <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/portland-me\/\">Portland, ME<\/a>; <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/harrisburg-pa\/\">Harrisburg, PA<\/a>; <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/tucson-az\/\">Tucson, AZ<\/a>; Tri-Cities, WA; <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/grand-rapids-mi\/\">Grand Rapids, MI<\/a>; <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/providence-ri\/\">Providence, RI<\/a>; <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/macon-ga\/\">Macon, GA<\/a>; and <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/little-rock-ar\/\">Little Rock, AR<\/a>.\u00a0<\/p>\r\n<p>Covering the remaining spots, from number 20 to number 30, are: <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/pensacola-fl\/\">Pensacola, FL<\/a>; Central Coast, CA; <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/reno-nv\/\">Reno, NV<\/a>; <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/phoenix-az\/\">Phoenix, AZ<\/a>; <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/jacksonville-fl\/\">Jacksonville<\/a> and <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/tampa-fl\/\">Tampa, FL<\/a>; <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/memphis-tn\/\">Memphis, TN<\/a>; and The Piedmont Triad, NC.<\/p>\r\n<h2 style=\"text-align: center;\">The 30 Hottest Rental Markets Mapped By Competitivity<\/h2>\r\n<p>&nbsp;<\/p>\r\n<p><iframe loading=\"lazy\" id=\"datawrapper-chart-6LHld\" style=\"border: none;\" title=\"[ Insert title here ] (Copy)\" src=\"https:\/\/datawrapper.dwcdn.net\/6LHld\/4\/\" width=\"800\" height=\"612\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Map\"><\/iframe><\/p>\r\n<div>\r\n<p><span style=\"font-weight: 400;\">Five of the nation\u2019s largest renter hubs are also among the 30 hottest apartment markets, and they&#8217;re all from the South and Southwest. <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/el-paso-tx\/\">El Paso<\/a> leads this trend with a 29.5 competitive score, ranking as the 16th hottest rental market in the nation.\u00a0<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">Phoenix, AZ, also made it to the ranking, with a competitive score of 39.5. The Arizona job hub\u2019s rapid growth has attracted an increasing number of renters from surrounding states over the past few years. Most recently, the market\u2019s rising tech sector has prompted a new nickname for the area, the <a href=\"https:\/\/azbigmedia.com\/business\/silicon-desert-the-rise-of-fast-growth-arizona-firms\/\">Silicon desert<\/a>, while the local economy weathered the pandemic better than in other large markets.\u00a0<\/span><\/p>\r\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">&#8220;More Americans are getting vaccinated, employment is up and hybrid work models are rising, showing growth for the multifamily and commercial real estate industry. The current climate increasingly points to the economy growing in 2021, providing significant and risk-averse potential for the apartment market,&#8221; Ressler added.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">Florida also has two large markets in the ranking, Jacksonville and Tampa, both scoring around 40 points. These renter hubs have been among the most quickly developing in the nation for a while \u2014 Jacksonville, in particular, was the <a href=\"https:\/\/www.census.gov\/newsroom\/press-releases\/2020\/south-west-fastest-growing.html\">15th fastest growing city<\/a> in the nation in the past decade. Last but not least, Memphis, TN, closely follows the two, with a 40.75 competitive score.<\/span><\/p>\r\n<\/div>\r\n<h2 aria-level=\"1\"><span data-contrast=\"none\">Methodology\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559738&quot;:240,&quot;335559739&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h2>\r\n<p><a href=\"https:\/\/www.rentcafe.com\/\"><i><span data-contrast=\"none\">RentCafe.com<\/span><\/i><\/a><i><span data-contrast=\"auto\">\u00a0is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States.<\/span><\/i><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\r\n<p><i><span data-contrast=\"auto\">To compile this report,\u00a0<\/span><\/i><i><span data-contrast=\"auto\">RentCafe\u2019s<\/span><\/i><i><span data-contrast=\"auto\">\u00a0research team\u00a0<\/span><\/i><i><span data-contrast=\"auto\">analyzed<\/span><\/i><i><span data-contrast=\"auto\">\u00a0Yardi Systems apartment market data across 12<\/span><\/i><i><span data-contrast=\"auto\">5<\/span><\/i><i><span data-contrast=\"auto\">\u00a0<\/span><\/i><i><span data-contrast=\"auto\">rental<\/span><\/i><i><span data-contrast=\"auto\"> markets in the U.S. The data comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size). Fully affordable properties are not included.\u00a0<\/span><\/i><\/p>\r\n<p><i><span data-contrast=\"auto\">Markets were ranked based on a market <\/span><\/i><i><span data-contrast=\"auto\">competitivi<\/span><\/i><i><span data-contrast=\"auto\">ty\u00a0<\/span><\/i><i><span data-contrast=\"auto\">score. To calculate each market\u2019s competitiv<\/span><\/i><i><span data-contrast=\"auto\">e<\/span><\/i><i><span data-contrast=\"auto\">\u00a0score, we ranked them according to\u00a0<\/span><\/i><i><span data-contrast=\"auto\">four<\/span><\/i><i><span data-contrast=\"auto\">\u00a0metrics and their quarterly (three-month) averages: apartment occupancy rate<\/span><\/i><i><span data-contrast=\"auto\">\u00a0(occupied apartments)<\/span><\/i><i><span data-contrast=\"auto\">, prospect<\/span><\/i><i><span data-contrast=\"auto\">ive renters<\/span><\/i><i><span data-contrast=\"auto\">\u00a0per\u00a0<\/span><\/i><i><span data-contrast=\"auto\">vacant\u00a0<\/span><\/i><i><span data-contrast=\"auto\">unit<\/span><\/i><i><span data-contrast=\"auto\">\u00a0(prospective renters)<\/span><\/i><i><span data-contrast=\"auto\">,<\/span><\/i><i><span data-contrast=\"auto\">\u00a0average total days vacant<\/span><\/i><i><span data-contrast=\"auto\">\u00a0<\/span><\/i><i><span data-contrast=\"auto\">(average vacancy days)\u00a0<\/span><\/i><i><span data-contrast=\"auto\">and yearly rent trend<\/span><\/i><i><span data-contrast=\"auto\">\u00a0(rent trend score)<\/span><\/i><i><span data-contrast=\"auto\">. We then compiled an average ranking by assigning a\u00a0<\/span><\/i><i><span data-contrast=\"auto\">25<\/span><\/i><i><span data-contrast=\"auto\">% weight to\u00a0<\/span><\/i><i><span data-contrast=\"auto\">each metric.<\/span><\/i><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\r\n<p><i><span data-contrast=\"auto\">To assess the rent trends in each market, we determined\u00a0<\/span><\/i><i><span data-contrast=\"auto\">whether<\/span><\/i><i><span data-contrast=\"auto\">\u00a0the yearly rent trend was upward, downward or neutral in each month in the quarter and then calculated an average rent trend score (between 78 and -78) for the three-month period. A score of 78, the maximum, indicates that rents grew every month in a specific market, while a score of \u201378, the minimum, indicates that rents declined every month.<\/span><\/i><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\r\n<div class=\"usagerights\">\r\n<div class=\"fairuse\">\r\n<h3>Fair use and redistribution<\/h3>\r\n<p>We encourage you and freely grant you permission to reuse, host, or repost the images in this article. When doing so, we only ask that you kindly attribute the authors by linking to <a href=\"https:\/\/www.rentcafe.com\/\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\">RentCafe.com<\/a> or this page, so that your readers can learn more about this project, the research behind it and its methodology. For more in-depth, customized data, please contact us at <a href=\"mailto:media@rentcafe.com\" target=\"_blank\" rel=\"noopener noreferrer\">media@rentcafe.com.<\/a><\/p>\r\n<\/div>\r\n<\/div>\r\n\r\n<p>&nbsp;<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>As the U.S. apartment market is showing signs of growth, RentCafe ranked the most competitive rental markets in the first quarter of the year. Central Valley, CA, is the hottest rental market in the U.S., leading a pack of emerging mid-sized hubs spread across the nation. Southern mega-markets are the most in-demand large renter hubs,&hellip;<\/p>\n","protected":false},"author":163,"featured_media":112617,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3661,3660],"tags":[],"class_list":["post-112517","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-snapshots","category-real-estate-news","gallery-content-unit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hottest Rental Markets in the U.S. - RentCafe rental blog<\/title>\n<meta name=\"description\" content=\"Find out how the U.S. apartment market evolved last quarter and which are the hottest rental markets in the U.S. in terms of competitivity.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/rentcafe-market-competitivity-report-april-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Hottest Rental Markets in the U.S.: Mid-sized Hubs Take the Lead in Competitivity\" \/>\n<meta property=\"og:description\" content=\"Find out how the U.S. apartment market evolved last quarter and which are the hottest rental markets in the U.S. in terms of competitivity.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/rentcafe-market-competitivity-report-april-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"RentCafe rental blog\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-28T11:15:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-30T12:44:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2021\/02\/Market-Activity-Report-Header.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"890\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Irina Lupa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Irina Lupa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/rentcafe-market-competitivity-report-april-2021\/\",\"url\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/rentcafe-market-competitivity-report-april-2021\/\",\"name\":\"Hottest Rental Markets in the U.S. - 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