Winston-Salem 6th Worst Market for Effective Rent Growth in September

Fast on the heels of the very positive vacancy rate news for the Piedmont Triad apartment market comes this list from Axiometrics showing the top 10 and bottom 10 apartment markets for effective rent growth in September, 2013:

Bottom 10 Effective Rent Growth Markets

1. Little Rock, Ark., -2.28 percent

2. Washington, D.C., -1.5 percent

3. Albuquerque, N.M., -1.28 percent

4. Chattanooga, Tenn., -1.01 percent

5. Augusta, Ga., -0.58 percent

6. Winston/Salem, N.C., -0.54 percent

7. Philadelphia, -0.23 percent

8. Bethesda, Md., 0.17 percent

9. Montgomery, Ala., 0.07 percent

10. Birmingham, Ala., 0.18 percent