Demand jumped for Oakland and Scottsdale due to the high rents of San Francisco and Phoenix.
SAN FRANCISCO—When a major US city gets too expensive or corresponding satellite cities start sprouting new amenities, demand and price growth in those satellite cities can actually outpace that of the core cities. Zumper used its data to identify major metropolitan areas that retained popularity last year and which satellite cities stole the spotlight.
"Our data shows that renters are starting to get more and more interested in renting in satellite cities to avoid sky-high rents in city centers like San Francisco," Crystal Chen, marketing manager with Zumper, tells GlobeSt.com. "This is not surprising, but what is surprising is how quickly demand is rising year-over-year."
Satellite Cities with Larger Demand Growth:
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