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DFW’s Renter Reign Shows Staggering Growth

Using data from Yardi Matrix and the US Census Bureau, RentCafe looked into renter population changes between 2011 and 2016, and analyzed rent price changes to judge the impact of each suburb’s popularity.

Flower Mound multifamily The renter population in Flower Mound increased a staggering 115% and rent increased by 22%.

DALLAS—DFW is home to four of the top 20 trending suburbs but which are the most popular rental markets? RentCafe.com’s latest study used data from Yardi Matrix and the US Census Bureau to look into renter population changes between 2011 and 2016, and also analyze the change in rent prices during the same period to judge the impact of each suburb’s popularity.

As a result, the study found Flower Mound is the third most popular market in the nation. The renter population in Flower Mound went up by a staggering 115%, while the average rent increased by 22% between 2011 and 2016.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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