North Central Florida is the 63rd largest multifamily market with 64,007 completed units and 20,428 units in development, 2,737 of which have already broken ground, as of December 2021.
North Central Florida Multifamily Market Summary – December 2021
New lease asking rents are at $1,407, up 14%▲
from the previous year placing North Central
Florida at 38th overall in year-over-year rent