Jacksonville Among Top Performing U.S. Multifamily Markets

Q4 2018

For the third consecutive year multifamily sales have crossed the billion-dollar mark in the Jacksonville MSA. Ranking in the top 5 nationally in both rent growth and percentage of inventory under construction (metros with at least one million in population), Jacksonville continues to be one of the highest performing and most sought-after multifamily markets in the US. Factors such as strong population growth, employment growth, and rising median income levels continue to drive demand.