Orlando and Las Vegas landed as the top apartment markets for 2022, according to Marcus & Millichap's 2022 Multifamily National Investment Forecast released this week.
Nation-leading rates of job creation and household formation placed Orlando and Las Vegas at the top of the U.S. National Multifamily Index. Robust in-migration also positions other major Southwest and Florida metros near the top of the rankings.
The report said that areas with the greatest ground to make up after the impact of the pandemic include primary gateway markets such as Seattle-Tacoma (#22), San Francisco (#25), and San Jose (#26) toward the middle of the Index. Uncertainty over the return-to-office process places New York (#34) slightly lower.
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