{"id":33231,"date":"2015-10-23T03:31:19","date_gmt":"2015-10-23T10:31:19","guid":{"rendered":"http:\/\/www.rentcafe.com\/blog\/?p=33231"},"modified":"2015-10-29T01:28:34","modified_gmt":"2015-10-29T08:28:34","slug":"rents-hit-new-all-time-high-in-september-2015","status":"publish","type":"post","link":"https:\/\/www.rentcafe.com\/blog\/rental-market\/rents-hit-new-all-time-high-in-september-2015\/","title":{"rendered":"Start of Fall Doesn\u2019t Cool U.S. Rental Markets: Rents Hit $1,167 in September"},"content":{"rendered":"

While the hot summer months tend to be when the U.S. sees the highest rental market growth<\/a>, September 2015 certainly didn\u2019t bring a slowdown.<\/p>\n

Mainly supported by the strengthening employment picture and the ongoing migration of Millennials to urban areas, the average apartment rent rose 6.8% year-over-year, hitting $1,167 in September<\/strong>, according to data from Yardi Matrix<\/a>. This is another record-breaking figure and the highest level of post-recession growth yet.<\/p>\n

\"Apartments<\/p>\n

Portland Far and Away the Leader in Rent Growth, Outranks San Francisco, Denver<\/h2>\n

While Southeastern metros are seeing consistent growth broadly in terms of rental prices, it\u2019s the Pacific Northwest and the West that post the most extensive increases. Here are some key takeaways, as noted by the Matrix report:<\/p>\n