Our friends at CBRE have released their Multifamily Newsletter for the Reno area for the 3rd quarter. (Click on the report below to enlarge.)

cbre-q3-2016-multifamily-newsletter

As you can see from the newsletter above the region’s average rental rate has hit yet another historical record — coming in at $1,054.

Related post: Reno area rents reach highest level ever – October 2015

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