Study: U.S. Rent Increases Cooling, But Not in Florida
Five other Florida markets are among the top 10 in most overpriced rental premiums: Cape Coral-Fort Myers, Tampa, North Port-Bradenton, Orlando and Deltona-Daytona Beach.
- Five other Florida markets are among the top 10 in most overpriced rental premiums: Cape Coral-Fort Myers, Tampa, North Port-Bradenton, Orlando and Deltona-Daytona Beach.
- When it comes to the largest annual increases, Miami again tops the list at 18.81 percent.
- Four other Florida markets rank in the top 10: Cape Coral-Fort Myers, Deltona-Daytona Beach, Orlando and Palm Bay-Melbourne.
- Shelton Weeks , Ph.D., of Florida Gulf Coast Universitys Lucas Institute for Real Estate Development & Finance , said the long-term effects of Hurricane Ian on the southwest Florida rental market are unclear.