Permits + rent growth

Where permitted supply and rent growth pull apart

Which US metros combine above-median permitted housing intensity with below-median asking-rent growth, and what do jobs and for-sale liquidity add to that pressure watch?

Census permits are an early construction-pipeline signal, not completed rental inventory. This study places them beside Zillow asking-rent change, then keeps BLS employment and Redfin for-sale conditions visible as separate counter-signals.

Complete metro set
542
permits, rent, jobs and Redfin context
Pressure-watch group
168
higher permits, slower rent growth
Median permits
3.04 / 1k
authorized units per 1,000 residents
Median rent growth
3.3%
Zillow asking-rent change
What the joined screen changes

A permit pipeline matters most when demand evidence fails to absorb it

The complete intersection contains 542 metros. Its unweighted medians are 3.04 permitted units per 1,000 residents and 3.3% Zillow asking-rent growth. 168 metros sit at or above the permit line while remaining below the rent-growth line. Another 103 combine higher permitting with stronger rent growth, showing why construction intensity alone is not a verdict.

Jefferson, GA has the highest permit intensity inside the pressure-watch group at 20.77 units per 1,000 residents. Its current rent change is 2.8%, and 0.0% of authorized units are in structures with five or more units. Redfin reports 4.6 months of for-sale supply, a buyer-liquidity signal that is kept separate from rental vacancy.

A permit is permission to build. It is not a completion date, a lease-up schedule or proof that the unit will enter the rental stock.

Within the same watch group, 61 metros have flat or declining employment. The weakest rent reading belongs to Sherman, TX at -5.0%, alongside 8.27 permits per 1,000. By contrast, Bay City, TX records the strongest jobs reading in the group at 3.9%. Use the interactive explorer to inspect those counter-signals without changing the published definitions.

542 metros with the complete direct set

Permitted housing intensity and asking-rent growth

Bottom-right is the pressure-watch group: more permits per resident, slower current rent growth. Dot size follows population.

Metro permitted housing units per 1,000 residents compared with asking-rent growthScatter plot of complete metros. Median permitted units per 1,000 residents and median Zillow asking-rent growth divide the chart into four descriptive groups. The bottom-right group has higher permitted construction intensity and slower rent growth.0.04.38.613.017.321.6-9.3%1.2%11.8%22.3%32.8%43.4%median permits 3.04 / 1kmedian rent growth 3.3%Jefferson, GA: 20.77 permits per 1,000 residents, 2.8% rent growth, -2.6% jobsWilmington, NC: 18.93 permits per 1,000 residents, 2.9% rent growth, 2.6% jobsPunta Gorda, FL: 17.51 permits per 1,000 residents, 0.0% rent growth, -0.7% jobsDurham, NC: 17.48 permits per 1,000 residents, 0.3% rent growth, -0.7% jobsMyrtle Beach, SC: 17.42 permits per 1,000 residents, 1.4% rent growth, 1.6% jobsFayetteville, AR: 16.42 permits per 1,000 residents, 1.6% rent growth, 2.5% jobsOcala, FL: 16.25 permits per 1,000 residents, -0.2% rent growth, 1.6% jobsSt. George, UT: 15.39 permits per 1,000 residents, 3.3% rent growth, 2.1% jobsNorth Port, FL: 15.07 permits per 1,000 residents, -1.5% rent growth, 1.2% jobsRaleigh, NC: 14.23 permits per 1,000 residents, 0.3% rent growth, 2.1% jobsCape Coral, FL: 13.46 permits per 1,000 residents, -1.9% rent growth, -0.6% jobsCedar City, UT: 13.40 permits per 1,000 residents, 0.4% rent growth, 1.8% jobsCrestview, FL: 13.39 permits per 1,000 residents, 2.8% rent growth, 0.4% jobsAsheville, NC: 13.29 permits per 1,000 residents, 1.2% rent growth, 0.9% jobsBurlington, NC: 12.97 permits per 1,000 residents, 1.7% rent growth, -0.7% jobsSpartanburg, SC: 12.91 permits per 1,000 residents, 2.1% rent growth, 0.7% jobsHilton Head Island, SC: 11.69 permits per 1,000 residents, 0.6% rent growth, 1.7% jobsRexburg, ID: 11.49 permits per 1,000 residents, 0.9% rent growth, -0.6% jobsGainesville, GA: 11.39 permits per 1,000 residents, 0.8% rent growth, 0.3% jobsHomosassa Springs, FL: 11.23 permits per 1,000 residents, 1.7% rent growth, 0.6% jobsHickory, NC: 11.15 permits per 1,000 residents, 3.0% rent growth, -0.7% jobsIdaho Falls, ID: 11.13 permits per 1,000 residents, 0.9% rent growth, -0.1% jobsCoeur d'Alene, ID: 10.90 permits per 1,000 residents, 3.2% rent growth, 0.9% jobsGreeley, CO: 10.86 permits per 1,000 residents, 0.1% rent growth, 1.6% jobsBozeman, MT: 10.85 permits per 1,000 residents, 1.0% rent growth, -0.2% jobsPinehurst, NC: 10.81 permits per 1,000 residents, 0.8% rent growth, 1.8% jobsSavannah, GA: 10.79 permits per 1,000 residents, -1.3% rent growth, 0.8% jobsCollege Station, TX: 10.42 permits per 1,000 residents, 1.7% rent growth, 0.9% jobsWenatchee, WA: 10.36 permits per 1,000 residents, 2.2% rent growth, 0.2% jobsPanama City, FL: 10.30 permits per 1,000 residents, 0.8% rent growth, 0.2% jobsCharleston, SC: 10.10 permits per 1,000 residents, 3.2% rent growth, 0.5% jobsNaples, FL: 9.68 permits per 1,000 residents, 0.2% rent growth, -1.4% jobsBreckenridge, CO: 9.64 permits per 1,000 residents, 3.2% rent growth, -1.5% jobsKennewick, WA: 9.58 permits per 1,000 residents, 2.0% rent growth, 1.1% jobsGreenville, SC: 9.49 permits per 1,000 residents, 1.8% rent growth, 1.4% jobsSeneca, SC: 9.22 permits per 1,000 residents, 0.0% rent growth, 2.8% jobsClarksville, TN: 9.21 permits per 1,000 residents, 1.1% rent growth, 0.2% jobsLakeland, FL: 9.20 permits per 1,000 residents, 1.1% rent growth, 1.3% jobsPort St. Lucie, FL: 8.86 permits per 1,000 residents, 2.3% rent growth, -0.1% jobsAustin, TX: 8.66 permits per 1,000 residents, -1.9% rent growth, 1.4% jobsCalhoun, GA: 8.56 permits per 1,000 residents, -1.6% rent growth, -0.2% jobsProvo, UT: 8.47 permits per 1,000 residents, 2.2% rent growth, 1.4% jobsHelena, MT: 8.37 permits per 1,000 residents, 1.9% rent growth, -0.2% jobsPensacola, FL: 8.33 permits per 1,000 residents, 2.7% rent growth, 0.7% jobsSherman, TX: 8.27 permits per 1,000 residents, -5.0% rent growth, 1.7% jobsDover, DE: 8.14 permits per 1,000 residents, 2.7% rent growth, -0.9% jobsOdessa, TX: 8.07 permits per 1,000 residents, -4.5% rent growth, 0.0% jobsHuntsville, AL: 8.07 permits per 1,000 residents, 1.3% rent growth, 1.0% jobsLubbock, TX: 8.03 permits per 1,000 residents, 1.7% rent growth, 0.6% jobsNashville, TN: 7.96 permits per 1,000 residents, 0.4% rent growth, 0.6% jobsCleveland, TN: 7.96 permits per 1,000 residents, 0.8% rent growth, -0.7% jobsRochester, MN: 7.92 permits per 1,000 residents, 2.5% rent growth, 0.4% jobsCookeville, TN: 7.90 permits per 1,000 residents, -1.6% rent growth, 0.8% jobsCharlotte, NC: 7.89 permits per 1,000 residents, 0.4% rent growth, 1.1% jobsHouston, TX: 7.88 permits per 1,000 residents, 0.0% rent growth, 0.6% jobsKnoxville, TN: 7.80 permits per 1,000 residents, 0.2% rent growth, 0.9% jobsMcAllen, TX: 7.79 permits per 1,000 residents, 0.0% rent growth, 1.1% jobsDubuque, IA: 7.74 permits per 1,000 residents, 3.0% rent growth, -1.8% jobsHanford, CA: 7.35 permits per 1,000 residents, 2.3% rent growth, 0.9% jobsMadison, WI: 7.33 permits per 1,000 residents, 2.7% rent growth, -0.4% jobsJacksonville, FL: 7.29 permits per 1,000 residents, 1.1% rent growth, -0.4% jobsOmaha, NE: 7.26 permits per 1,000 residents, 3.0% rent growth, 0.5% jobsJonesboro, AR: 7.26 permits per 1,000 residents, 3.1% rent growth, 1.0% jobsPocatello, ID: 7.22 permits per 1,000 residents, 0.6% rent growth, -1.1% jobsOrlando, FL: 7.16 permits per 1,000 residents, 0.6% rent growth, 0.7% jobsPortland, ME: 7.14 permits per 1,000 residents, 2.7% rent growth, 0.3% jobsTullahoma, TN: 7.11 permits per 1,000 residents, 2.1% rent growth, 0.3% jobsPhoenix, AZ: 6.78 permits per 1,000 residents, -0.1% rent growth, 0.2% jobsWinston, NC: 6.77 permits per 1,000 residents, 2.2% rent growth, 0.8% jobsKalispell, MT: 6.76 permits per 1,000 residents, 2.0% rent growth, 1.0% jobsLafayette, IN: 6.58 permits per 1,000 residents, 2.2% rent growth, -0.1% jobsIndianapolis, IN: 6.53 permits per 1,000 residents, 2.4% rent growth, -0.4% jobsGreen Bay, WI: 6.52 permits per 1,000 residents, 2.6% rent growth, 0.4% jobsHuntsville, TX: 6.48 permits per 1,000 residents, 1.2% rent growth, -0.5% jobsKilleen, TX: 6.45 permits per 1,000 residents, -0.9% rent growth, 0.2% jobsFort Collins, CO: 6.42 permits per 1,000 residents, 1.2% rent growth, 0.3% jobsWarner Robins, GA: 6.41 permits per 1,000 residents, 1.8% rent growth, -1.3% jobsTampa, FL: 6.39 permits per 1,000 residents, -0.9% rent growth, 0.1% jobsDeltona, FL: 6.35 permits per 1,000 residents, 0.5% rent growth, 0.5% jobsBrunswick, GA: 6.31 permits per 1,000 residents, 1.1% rent growth, 1.6% jobsGainesville, FL: 6.29 permits per 1,000 residents, 1.5% rent growth, 0.4% jobsWaco, TX: 6.26 permits per 1,000 residents, 1.0% rent growth, 0.7% jobsBay City, TX: 6.17 permits per 1,000 residents, 0.3% rent growth, 3.9% jobsCharlottesville, VA: 6.14 permits per 1,000 residents, 1.5% rent growth, 0.9% jobsValdosta, GA: 6.13 permits per 1,000 residents, 2.0% rent growth, -0.7% jobsAugusta, GA: 6.04 permits per 1,000 residents, 1.3% rent growth, 0.5% jobsOlympia, WA: 6.01 permits per 1,000 residents, 2.5% rent growth, 0.1% jobsSebring, FL: 5.88 permits per 1,000 residents, 0.7% rent growth, 0.3% jobsPalm Bay, FL: 5.84 permits per 1,000 residents, 1.2% rent growth, 0.2% jobsBoulder, CO: 5.82 permits per 1,000 residents, 1.0% rent growth, -0.9% jobsCorvallis, OR: 5.79 permits per 1,000 residents, 2.7% rent growth, -0.7% jobsAtlanta, GA: 5.73 permits per 1,000 residents, 1.8% rent growth, 0.2% jobsEaston, MD: 5.70 permits per 1,000 residents, 0.0% rent growth, 0.7% jobsColumbus, OH: 5.70 permits per 1,000 residents, 1.6% rent growth, 0.6% jobsDenver, CO: 5.67 permits per 1,000 residents, -1.5% rent growth, -0.1% jobsOklahoma City, OK: 5.67 permits per 1,000 residents, 3.0% rent growth, -0.6% jobsTallahassee, FL: 5.54 permits per 1,000 residents, 1.5% rent growth, 0.2% jobsSpokane, WA: 5.53 permits per 1,000 residents, 2.1% rent growth, 0.1% jobsLincoln, NE: 5.51 permits per 1,000 residents, 2.7% rent growth, 0.6% jobsYuma, AZ: 5.45 permits per 1,000 residents, 2.5% rent growth, -2.4% jobsDes Moines, IA: 5.42 permits per 1,000 residents, 2.3% rent growth, -0.5% jobsHagerstown, MD: 5.32 permits per 1,000 residents, 3.0% rent growth, -0.2% jobsLafayette, LA: 5.27 permits per 1,000 residents, 0.6% rent growth, 0.4% jobsAlbemarle, NC: 5.26 permits per 1,000 residents, 2.4% rent growth, -0.9% jobsElizabethtown, KY: 5.19 permits per 1,000 residents, -0.3% rent growth, -0.4% jobsLexington, KY: 5.19 permits per 1,000 residents, 3.3% rent growth, 0.7% jobsBrevard, NC: 5.16 permits per 1,000 residents, -1.9% rent growth, -0.4% jobsEau Claire, WI: 5.15 permits per 1,000 residents, 1.8% rent growth, -0.2% jobsBowling Green, KY: 5.13 permits per 1,000 residents, 3.0% rent growth, 0.8% jobsGreensboro, NC: 5.04 permits per 1,000 residents, 2.6% rent growth, 0.5% jobsFlorence, SC: 4.97 permits per 1,000 residents, 1.8% rent growth, -0.1% jobsLaredo, TX: 4.89 permits per 1,000 residents, -0.7% rent growth, 1.1% jobsFrankfort, KY: 4.88 permits per 1,000 residents, 1.8% rent growth, 2.5% jobsTwin Falls, ID: 4.84 permits per 1,000 residents, 2.4% rent growth, 1.1% jobsAlbany, GA: 4.79 permits per 1,000 residents, 0.5% rent growth, -2.8% jobsOgden, UT: 4.79 permits per 1,000 residents, 0.5% rent growth, -0.9% jobsSalem, OR: 4.77 permits per 1,000 residents, -0.1% rent growth, 1.4% jobsVisalia, CA: 4.68 permits per 1,000 residents, 2.6% rent growth, 0.6% jobsTulsa, OK: 4.68 permits per 1,000 residents, 3.3% rent growth, 0.1% jobsSpringfield, MO: 4.66 permits per 1,000 residents, 2.8% rent growth, 0.6% jobsRome, GA: 4.65 permits per 1,000 residents, 1.1% rent growth, -0.7% jobsCincinnati, OH: 4.63 permits per 1,000 residents, 2.9% rent growth, 0.2% jobsBellingham, WA: 4.58 permits per 1,000 residents, 1.0% rent growth, -0.3% jobsSacramento, CA: 4.57 permits per 1,000 residents, 2.0% rent growth, 0.7% jobsSan Antonio, TX: 4.38 permits per 1,000 residents, -2.0% rent growth, 0.1% jobsKokomo, IN: 4.32 permits per 1,000 residents, 3.3% rent growth, -2.0% jobsPahrump, NV: 4.31 permits per 1,000 residents, 0.5% rent growth, 2.2% jobsTucson, AZ: 4.30 permits per 1,000 residents, 0.8% rent growth, -0.2% jobsRichmond, KY: 4.29 permits per 1,000 residents, 3.3% rent growth, 1.1% jobsMoses Lake, WA: 4.28 permits per 1,000 residents, -2.7% rent growth, -0.9% jobsMorristown, TN: 4.28 permits per 1,000 residents, 2.6% rent growth, -1.1% jobsLaGrange, GA: 4.27 permits per 1,000 residents, 2.7% rent growth, 1.4% jobsJohnson City, TN: 4.25 permits per 1,000 residents, 1.3% rent growth, -0.3% jobsSalt Lake City, UT: 4.19 permits per 1,000 residents, 0.5% rent growth, 1.3% jobsShow Low, AZ: 4.17 permits per 1,000 residents, 2.7% rent growth, -2.1% jobsGettysburg, PA: 4.11 permits per 1,000 residents, 0.9% rent growth, 0.6% jobsPortland, OR: 4.09 permits per 1,000 residents, 0.4% rent growth, -1.8% jobsLynchburg, VA: 4.09 permits per 1,000 residents, 3.1% rent growth, 0.5% jobsMedford, OR: 4.03 permits per 1,000 residents, 3.3% rent growth, 0.1% jobsBaton Rouge, LA: 4.02 permits per 1,000 residents, 3.1% rent growth, 0.0% jobsBirmingham, AL: 3.98 permits per 1,000 residents, 1.2% rent growth, 0.2% jobsLouisville, KY: 3.98 permits per 1,000 residents, 2.3% rent growth, -0.8% jobsMoscow, ID: 3.95 permits per 1,000 residents, -1.6% rent growth, -1.0% jobsWarsaw, IN: 3.95 permits per 1,000 residents, 1.6% rent growth, -0.1% jobsAnn Arbor, MI: 3.94 permits per 1,000 residents, 1.8% rent growth, 0.1% jobsChico, CA: 3.94 permits per 1,000 residents, 2.7% rent growth, -0.7% jobsPort Angeles, WA: 3.93 permits per 1,000 residents, 1.5% rent growth, 0.3% jobsLas Vegas, NV: 3.90 permits per 1,000 residents, 0.2% rent growth, 1.9% jobsDothan, AL: 3.89 permits per 1,000 residents, 1.1% rent growth, 0.6% jobsRacine, WI: 3.81 permits per 1,000 residents, 3.1% rent growth, -0.8% jobsBrenham, TX: 3.77 permits per 1,000 residents, -0.6% rent growth, 1.3% jobsAugusta, ME: 3.77 permits per 1,000 residents, 2.4% rent growth, -1.0% jobsLittle Rock, AR: 3.74 permits per 1,000 residents, 2.3% rent growth, 0.2% jobsDurango, CO: 3.73 permits per 1,000 residents, 0.5% rent growth, 0.1% jobsLake Havasu City, AZ: 3.70 permits per 1,000 residents, 2.2% rent growth, -1.2% jobsLas Cruces, NM: 3.56 permits per 1,000 residents, 1.9% rent growth, 1.9% jobsSan Luis Obispo, CA: 3.55 permits per 1,000 residents, 1.4% rent growth, -1.3% jobsNapa, CA: 3.53 permits per 1,000 residents, 0.9% rent growth, 0.7% jobsBemidji, MN: 3.53 permits per 1,000 residents, 2.3% rent growth, -1.1% jobsRocky Mount, NC: 3.50 permits per 1,000 residents, -0.6% rent growth, -0.5% jobsBakersfield, CA: 3.47 permits per 1,000 residents, 1.8% rent growth, 1.6% jobsBlackfoot, ID: 3.42 permits per 1,000 residents, 2.6% rent growth, -0.3% jobsIthaca, NY: 3.37 permits per 1,000 residents, 1.7% rent growth, 0.2% jobsStockton, CA: 3.34 permits per 1,000 residents, 1.0% rent growth, 1.8% jobsAthens, TN: 3.20 permits per 1,000 residents, 1.3% rent growth, 0.4% jobsSearcy, AR: 3.19 permits per 1,000 residents, 2.8% rent growth, 0.9% jobsMobile, AL: 3.17 permits per 1,000 residents, 2.8% rent growth, -1.4% jobsStevens Point, WI: 3.11 permits per 1,000 residents, 2.1% rent growth, 0.1% jobsAuburn, AL: 15.56 permits per 1,000 residents, 4.6% rent growth, 1.8% jobsSevierville, TN: 15.43 permits per 1,000 residents, 11.9% rent growth, 0.2% jobsDaphne, AL: 14.31 permits per 1,000 residents, 4.3% rent growth, 2.3% jobsGreenville, NC: 14.24 permits per 1,000 residents, 4.4% rent growth, 1.6% jobsAbilene, TX: 13.77 permits per 1,000 residents, 41.4% rent growth, 0.8% jobsHeber, UT: 12.79 permits per 1,000 residents, 11.0% rent growth, 0.7% jobsBoise City, ID: 12.22 permits per 1,000 residents, 5.0% rent growth, 1.0% jobsChampaign, IL: 11.79 permits per 1,000 residents, 5.6% rent growth, 0.6% jobsJacksonville, NC: 11.78 permits per 1,000 residents, 3.6% rent growth, -0.3% jobsBranson, MO: 11.75 permits per 1,000 residents, 4.0% rent growth, 0.9% jobsLogan, UT: 11.57 permits per 1,000 residents, 3.9% rent growth, 0.7% jobsHinesville, GA: 11.47 permits per 1,000 residents, 4.8% rent growth, -1.4% jobsStatesboro, GA: 11.39 permits per 1,000 residents, 4.5% rent growth, 0.7% jobsSanford, NC: 11.33 permits per 1,000 residents, 4.4% rent growth, -0.6% jobsJackson, WY: 10.94 permits per 1,000 residents, 8.0% rent growth, -0.3% jobsBrainerd, MN: 10.11 permits per 1,000 residents, 3.8% rent growth, -1.5% jobsBend, OR: 9.85 permits per 1,000 residents, 3.7% rent growth, -0.4% jobsBaraboo, WI: 9.54 permits per 1,000 residents, 3.5% rent growth, -0.7% jobsCorsicana, TX: 9.14 permits per 1,000 residents, 4.0% rent growth, 1.2% jobsSioux Falls, SD: 9.14 permits per 1,000 residents, 4.0% rent growth, 0.3% jobsHammond, LA: 8.95 permits per 1,000 residents, 4.2% rent growth, -1.8% jobsIowa City, IA: 8.40 permits per 1,000 residents, 5.0% rent growth, 0.1% jobsHarrisonburg, VA: 8.34 permits per 1,000 residents, 4.8% rent growth, 0.8% jobsGulfport, MS: 8.05 permits per 1,000 residents, 5.0% rent growth, 0.4% jobsOxford, MS: 7.92 permits per 1,000 residents, 4.5% rent growth, 2.9% jobsMountain Home, ID: 7.84 permits per 1,000 residents, 6.2% rent growth, -0.5% jobsMilledgeville, GA: 7.79 permits per 1,000 residents, 3.6% rent growth, 2.3% jobsGoldsboro, NC: 7.64 permits per 1,000 residents, 4.3% rent growth, -1.2% jobsEllensburg, WA: 7.59 permits per 1,000 residents, 3.8% rent growth, 0.8% jobsOshkosh, WI: 7.56 permits per 1,000 residents, 3.4% rent growth, -0.9% jobsElizabeth City, NC: 7.54 permits per 1,000 residents, 3.5% rent growth, -1.7% jobsRichmond, VA: 7.38 permits per 1,000 residents, 3.3% rent growth, 0.2% jobsCarson City, NV: 7.30 permits per 1,000 residents, 5.8% rent growth, 1.0% jobsRapid City, SD: 7.23 permits per 1,000 residents, 3.6% rent growth, 1.6% jobsGreenwood, SC: 7.05 permits per 1,000 residents, 6.9% rent growth, 2.2% jobsSteamboat Springs, CO: 7.05 permits per 1,000 residents, 8.5% rent growth, -3.6% jobsReno, NV: 6.97 permits per 1,000 residents, 6.5% rent growth, 1.9% jobsDurant, OK: 6.92 permits per 1,000 residents, 4.3% rent growth, -0.1% jobsCarlsbad, NM: 6.78 permits per 1,000 residents, 6.8% rent growth, 2.4% jobsWichita, KS: 6.71 permits per 1,000 residents, 5.3% rent growth, 0.2% jobsLaconia, NH: 6.62 permits per 1,000 residents, 11.3% rent growth, 0.7% jobsTraverse City, MI: 6.55 permits per 1,000 residents, 6.1% rent growth, 2.5% jobsMorehead City, NC: 6.39 permits per 1,000 residents, 3.8% rent growth, 0.0% jobsWinchester, VA: 6.37 permits per 1,000 residents, 4.6% rent growth, 0.3% jobsBrownsville, TX: 6.28 permits per 1,000 residents, 6.0% rent growth, -1.2% jobsHilo, HI: 6.17 permits per 1,000 residents, 16.6% rent growth, 0.6% jobsOntario, OR: 5.99 permits per 1,000 residents, 3.4% rent growth, 0.5% jobsMontrose, CO: 5.84 permits per 1,000 residents, 8.9% rent growth, 0.7% jobsGaffney, SC: 5.83 permits per 1,000 residents, 4.3% rent growth, 0.7% jobsShelby, NC: 5.80 permits per 1,000 residents, 4.2% rent growth, -0.8% jobsGrand Junction, CO: 5.73 permits per 1,000 residents, 3.8% rent growth, -0.2% jobsMissoula, MT: 5.65 permits per 1,000 residents, 3.8% rent growth, -0.2% jobsEdwards, CO: 5.55 permits per 1,000 residents, 7.9% rent growth, -0.5% jobsAppleton, WI: 5.44 permits per 1,000 residents, 4.6% rent growth, -0.5% jobsColumbia, MO: 5.38 permits per 1,000 residents, 4.3% rent growth, 1.2% jobsEnterprise, AL: 5.35 permits per 1,000 residents, 5.0% rent growth, 1.1% jobsKansas City, MO: 5.25 permits per 1,000 residents, 3.5% rent growth, 0.5% jobsWalla Walla, WA: 5.24 permits per 1,000 residents, 3.4% rent growth, -1.3% jobsChambersburg, PA: 5.24 permits per 1,000 residents, 4.8% rent growth, 0.9% jobsNew Bern, NC: 5.20 permits per 1,000 residents, 4.0% rent growth, -1.0% jobsBillings, MT: 5.11 permits per 1,000 residents, 3.5% rent growth, -0.5% jobsRuston, LA: 4.98 permits per 1,000 residents, 6.2% rent growth, 2.6% jobsNewport, OR: 4.87 permits per 1,000 residents, 3.8% rent growth, -0.5% jobsStaunton, VA: 4.87 permits per 1,000 residents, 5.3% rent growth, -0.5% jobsRolla, MO: 4.82 permits per 1,000 residents, 9.2% rent growth, 1.9% jobsCheyenne, WY: 4.81 permits per 1,000 residents, 3.9% rent growth, -0.1% jobsBrookings, SD: 4.64 permits per 1,000 residents, 3.3% rent growth, 1.6% jobsBlacksburg, VA: 4.54 permits per 1,000 residents, 4.9% rent growth, -1.9% jobsWilson, NC: 4.49 permits per 1,000 residents, 4.9% rent growth, -0.5% jobsAmarillo, TX: 4.37 permits per 1,000 residents, 5.3% rent growth, 0.8% jobsState College, PA: 4.26 permits per 1,000 residents, 6.0% rent growth, 2.3% jobsOak Harbor, WA: 4.19 permits per 1,000 residents, 4.8% rent growth, 0.8% jobsRoanoke, VA: 4.17 permits per 1,000 residents, 5.4% rent growth, 0.3% jobsDalton, GA: 4.05 permits per 1,000 residents, 5.3% rent growth, -2.3% jobsLewiston, ME: 3.99 permits per 1,000 residents, 3.7% rent growth, 0.3% jobsYuba City, CA: 3.86 permits per 1,000 residents, 3.5% rent growth, 2.1% jobsGreeneville, TN: 3.80 permits per 1,000 residents, 6.4% rent growth, 0.1% jobsSan Jose, CA: 3.79 permits per 1,000 residents, 6.3% rent growth, 1.4% jobsFort Wayne, IN: 3.78 permits per 1,000 residents, 6.6% rent growth, 0.7% jobsVirginia Beach, VA: 3.76 permits per 1,000 residents, 5.5% rent growth, -0.4% jobsMinneapolis, MN: 3.74 permits per 1,000 residents, 3.5% rent growth, 0.2% jobsAtlantic City, NJ: 3.70 permits per 1,000 residents, 4.4% rent growth, 1.6% jobsConcord, NH: 3.63 permits per 1,000 residents, 4.4% rent growth, -0.6% jobsKearney, NE: 3.63 permits per 1,000 residents, 10.9% rent growth, 0.4% jobsParagould, AR: 3.62 permits per 1,000 residents, 4.3% rent growth, -1.7% jobsManhattan, KS: 3.55 permits per 1,000 residents, 5.1% rent growth, -0.9% jobsCedar Rapids, IA: 3.51 permits per 1,000 residents, 12.5% rent growth, -2.1% jobsWhitewater, WI: 3.50 permits per 1,000 residents, 8.2% rent growth, -0.3% jobsSumter, SC: 3.49 permits per 1,000 residents, 3.8% rent growth, 0.3% jobsBangor, ME: 3.45 permits per 1,000 residents, 3.8% rent growth, -0.2% jobsAberdeen, WA: 3.40 permits per 1,000 residents, 7.6% rent growth, 1.8% jobsCentralia, WA: 3.38 permits per 1,000 residents, 5.7% rent growth, 1.2% jobsJackson, MS: 3.36 permits per 1,000 residents, 4.4% rent growth, -0.8% jobsJoplin, MO: 3.35 permits per 1,000 residents, 5.8% rent growth, 0.7% jobsBremerton, WA: 3.33 permits per 1,000 residents, 3.5% rent growth, -0.4% jobsTopeka, KS: 3.32 permits per 1,000 residents, 5.4% rent growth, 1.3% jobsFayetteville, NC: 3.24 permits per 1,000 residents, 3.4% rent growth, -1.3% jobsFort Smith, AR: 3.24 permits per 1,000 residents, 4.7% rent growth, -0.8% jobsKingsport, TN: 3.24 permits per 1,000 residents, 6.0% rent growth, 1.2% jobsSan Angelo, TX: 3.16 permits per 1,000 residents, 5.1% rent growth, 0.3% jobsSouth Bend, IN: 3.11 permits per 1,000 residents, 6.0% rent growth, -0.7% jobsCrawfordsville, IN: 3.08 permits per 1,000 residents, 8.4% rent growth, 1.1% jobsSandusky, OH: 3.04 permits per 1,000 residents, 9.7% rent growth, 2.1% jobsKerrville, TX: 3.03 permits per 1,000 residents, 3.9% rent growth, 0.9% jobsKahului, HI: 3.01 permits per 1,000 residents, 5.2% rent growth, 1.2% jobsHolland, MI: 3.01 permits per 1,000 residents, 8.6% rent growth, -0.8% jobsTerre Haute, IN: 3.00 permits per 1,000 residents, 5.0% rent growth, 0.5% jobsLake Charles, LA: 2.96 permits per 1,000 residents, 17.6% rent growth, 1.3% jobsElko, NV: 2.95 permits per 1,000 residents, 5.3% rent growth, 1.6% jobsShreveport, LA: 2.93 permits per 1,000 residents, 3.6% rent growth, 0.0% jobsSanta Maria, CA: 2.83 permits per 1,000 residents, 3.6% rent growth, 0.3% jobsBarre, VT: 2.83 permits per 1,000 residents, 6.5% rent growth, -2.6% jobsFresno, CA: 2.82 permits per 1,000 residents, 3.6% rent growth, 0.9% jobsEvansville, IN: 2.79 permits per 1,000 residents, 5.2% rent growth, -1.3% jobsYakima, WA: 2.75 permits per 1,000 residents, 3.7% rent growth, 0.2% jobsYork, PA: 2.73 permits per 1,000 residents, 3.9% rent growth, 0.1% jobsHouma, LA: 2.71 permits per 1,000 residents, 4.3% rent growth, -0.4% jobsMount Vernon, WA: 2.71 permits per 1,000 residents, 5.3% rent growth, 0.5% jobsKingston, NY: 2.71 permits per 1,000 residents, 5.6% rent growth, 1.3% jobsGlens Falls, NY: 2.70 permits per 1,000 residents, 8.6% rent growth, -0.8% jobsBismarck, ND: 2.69 permits per 1,000 residents, 4.5% rent growth, 0.3% jobsLa Crosse, WI: 2.64 permits per 1,000 residents, 3.7% rent growth, 0.2% jobsMichigan City, IN: 2.64 permits per 1,000 residents, 4.1% rent growth, -0.3% jobsTexarkana, TX: 2.60 permits per 1,000 residents, 5.3% rent growth, 0.1% jobsJanesville, WI: 2.60 permits per 1,000 residents, 5.9% rent growth, -0.3% jobsDyersburg, TN: 2.52 permits per 1,000 residents, 5.3% rent growth, 0.3% jobsNorwich, CT: 2.51 permits per 1,000 residents, 4.8% rent growth, 0.8% jobsSt. Cloud, MN: 2.51 permits per 1,000 residents, 5.0% rent growth, -0.2% jobsSt. Louis, MO: 2.50 permits per 1,000 residents, 4.2% rent growth, -0.5% jobsFlorence, AL: 2.47 permits per 1,000 residents, 4.8% rent growth, 0.0% jobsHarrisburg, PA: 2.46 permits per 1,000 residents, 3.4% rent growth, 0.0% jobsMontgomery, AL: 2.43 permits per 1,000 residents, 3.4% rent growth, -0.3% jobsVernal, UT: 2.43 permits per 1,000 residents, 3.6% rent growth, 0.9% jobsThomasville, GA: 2.39 permits per 1,000 residents, 5.3% rent growth, -0.2% jobsLa Grande, OR: 2.37 permits per 1,000 residents, 6.9% rent growth, 1.0% jobsStillwater, OK: 2.36 permits per 1,000 residents, 6.2% rent growth, -1.1% jobsNiles, MI: 2.30 permits per 1,000 residents, 7.3% rent growth, 0.5% jobsLawrence, KS: 2.29 permits per 1,000 residents, 5.8% rent growth, 0.2% jobsTuscaloosa, AL: 2.28 permits per 1,000 residents, 4.6% rent growth, -0.4% jobsJackson, MI: 2.26 permits per 1,000 residents, 6.3% rent growth, -0.2% jobsKeene, NH: 2.23 permits per 1,000 residents, 4.8% rent growth, 0.1% jobsGreat Falls, MT: 2.22 permits per 1,000 residents, 5.2% rent growth, -2.5% jobsWatertown, WI: 2.21 permits per 1,000 residents, 4.0% rent growth, -0.8% jobsPittsburgh, PA: 2.20 permits per 1,000 residents, 3.6% rent growth, 0.0% jobsWisconsin Rapids, WI: 2.19 permits per 1,000 residents, 4.5% rent growth, -2.4% jobsNorfolk, NE: 2.18 permits per 1,000 residents, 3.5% rent growth, 0.7% jobsWausau, WI: 2.11 permits per 1,000 residents, 7.9% rent growth, -1.4% jobsTruckee, CA: 2.09 permits per 1,000 residents, 4.3% rent growth, -0.8% jobsMilwaukee, WI: 2.08 permits per 1,000 residents, 4.2% rent growth, -0.9% jobsMuskegon, MI: 2.07 permits per 1,000 residents, 8.2% rent growth, 1.0% jobsGardnerville Ranchos, NV: 2.07 permits per 1,000 residents, 12.2% rent growth, 4.7% jobsMonroe, LA: 2.06 permits per 1,000 residents, 19.1% rent growth, 1.1% jobsWatertown, NY: 2.00 permits per 1,000 residents, 7.2% rent growth, 1.7% jobsLansing, MI: 1.99 permits per 1,000 residents, 4.4% rent growth, -1.1% jobsAlbany, NY: 1.93 permits per 1,000 residents, 4.6% rent growth, 0.8% jobsWahpeton, ND: 1.92 permits per 1,000 residents, 4.6% rent growth, 0.3% jobsKalamazoo, MI: 1.90 permits per 1,000 residents, 5.0% rent growth, -0.4% jobsOwensboro, KY: 1.90 permits per 1,000 residents, 5.4% rent growth, 0.1% jobsBloomsburg, PA: 1.90 permits per 1,000 residents, 7.8% rent growth, -0.9% jobsSalinas, CA: 1.89 permits per 1,000 residents, 5.7% rent growth, 1.4% jobsShelton, WA: 1.88 permits per 1,000 residents, 4.5% rent growth, 1.0% jobsOneonta, NY: 1.86 permits per 1,000 residents, 11.0% rent growth, 1.0% jobsAllentown, PA: 1.85 permits per 1,000 residents, 3.8% rent growth, 1.1% jobsHobbs, NM: 1.84 permits per 1,000 residents, 3.4% rent growth, -0.7% jobsProvidence, RI: 1.83 permits per 1,000 residents, 3.6% rent growth, -0.3% jobsElkhart, IN: 1.82 permits per 1,000 residents, 7.1% rent growth, 0.9% jobsHudson, NY: 1.80 permits per 1,000 residents, 4.1% rent growth, 0.0% jobsKapaa, HI: 1.79 permits per 1,000 residents, 17.2% rent growth, 0.7% jobsEast Stroudsburg, PA: 1.78 permits per 1,000 residents, 7.1% rent growth, 0.9% jobsArdmore, OK: 1.77 permits per 1,000 residents, 6.2% rent growth, -1.2% jobsClearlake, CA: 1.76 permits per 1,000 residents, 6.2% rent growth, 0.6% jobsUrban Honolulu, HI: 1.75 permits per 1,000 residents, 5.2% rent growth, 0.1% jobsMinot, ND: 1.75 permits per 1,000 residents, 6.5% rent growth, 0.2% jobsSandpoint, ID: 1.68 permits per 1,000 residents, 4.1% rent growth, 0.6% jobsColumbus, IN: 1.65 permits per 1,000 residents, 3.6% rent growth, -1.3% jobsFond du Lac, WI: 1.65 permits per 1,000 residents, 8.8% rent growth, 0.6% jobsBinghamton, NY: 1.64 permits per 1,000 residents, 5.5% rent growth, 1.3% jobsLawton, OK: 1.62 permits per 1,000 residents, 5.8% rent growth, -1.5% jobsBeaver Dam, WI: 1.60 permits per 1,000 residents, 6.4% rent growth, 0.1% jobsFort Leonard Wood, MO: 1.60 permits per 1,000 residents, 6.8% rent growth, -1.4% jobsLufkin, TX: 1.58 permits per 1,000 residents, 7.4% rent growth, -3.0% jobsCoos Bay, OR: 1.57 permits per 1,000 residents, 9.8% rent growth, -0.1% jobsPittsburg, KS: 1.54 permits per 1,000 residents, 5.3% rent growth, -0.1% jobsZanesville, OH: 1.53 permits per 1,000 residents, 4.2% rent growth, 0.0% jobsLancaster, PA: 1.52 permits per 1,000 residents, 3.7% rent growth, 0.8% jobsDavenport, IA: 1.50 permits per 1,000 residents, 4.4% rent growth, -0.5% jobsCanton, OH: 1.49 permits per 1,000 residents, 3.6% rent growth, -0.3% jobsRoseburg, OR: 1.45 permits per 1,000 residents, 4.6% rent growth, 0.3% jobsJefferson City, MO: 1.45 permits per 1,000 residents, 6.7% rent growth, 0.7% jobsLima, OH: 1.42 permits per 1,000 residents, 5.4% rent growth, 0.1% jobsElmira, NY: 1.41 permits per 1,000 residents, 4.5% rent growth, 0.0% jobsEl Centro, CA: 1.41 permits per 1,000 residents, 9.3% rent growth, 0.9% jobsPottsville, PA: 1.39 permits per 1,000 residents, 8.4% rent growth, 0.1% jobsMount Pleasant, MI: 1.39 permits per 1,000 residents, 11.6% rent growth, -1.1% jobsAberdeen, SD: 1.38 permits per 1,000 residents, 14.6% rent growth, -0.3% jobsReading, PA: 1.36 permits per 1,000 residents, 4.1% rent growth, 0.2% jobsWichita Falls, TX: 1.35 permits per 1,000 residents, 5.1% rent growth, -0.3% jobsMidland, MI: 1.31 permits per 1,000 residents, 3.9% rent growth, -2.5% jobsSalina, KS: 1.31 permits per 1,000 residents, 5.0% rent growth, 1.5% jobsRoswell, NM: 1.31 permits per 1,000 residents, 7.1% rent growth, -1.6% jobsFindlay, OH: 1.31 permits per 1,000 residents, 9.2% rent growth, -0.4% jobsFaribault, MN: 1.30 permits per 1,000 residents, 3.8% rent growth, -0.1% jobsSyracuse, NY: 1.29 permits per 1,000 residents, 4.9% rent growth, 1.2% jobsClovis, NM: 1.29 permits per 1,000 residents, 5.2% rent growth, -1.4% jobsWinona, MN: 1.29 permits per 1,000 residents, 18.6% rent growth, -1.6% jobsSpringfield, IL: 1.28 permits per 1,000 residents, 5.4% rent growth, -3.0% jobsPaducah, KY: 1.28 permits per 1,000 residents, 6.7% rent growth, 0.6% jobsGadsden, AL: 1.26 permits per 1,000 residents, 3.7% rent growth, -0.1% jobsStarkville, MS: 1.26 permits per 1,000 residents, 5.6% rent growth, 1.0% jobsHuntington, WV: 1.24 permits per 1,000 residents, 5.1% rent growth, 0.4% jobsMonroe, MI: 1.18 permits per 1,000 residents, 3.4% rent growth, -0.1% jobsAshland, OH: 1.15 permits per 1,000 residents, 17.1% rent growth, -1.8% jobsFlint, MI: 1.13 permits per 1,000 residents, 5.1% rent growth, 0.5% jobsGainesville, TX: 1.12 permits per 1,000 residents, 5.1% rent growth, 1.4% jobsBloomington, IL: 1.10 permits per 1,000 residents, 4.3% rent growth, -1.5% jobsMansfield, OH: 1.10 permits per 1,000 residents, 5.1% rent growth, -1.1% jobsEmporia, KS: 1.09 permits per 1,000 residents, 7.7% rent growth, -2.8% jobsAustin, MN: 1.09 permits per 1,000 residents, 8.0% rent growth, -0.8% jobsCumberland, MD: 1.08 permits per 1,000 residents, 3.6% rent growth, -2.3% jobsScranton, PA: 1.06 permits per 1,000 residents, 4.0% rent growth, 0.1% jobsAkron, OH: 1.01 permits per 1,000 residents, 5.8% rent growth, -0.5% jobsRichmond, IN: 0.99 permits per 1,000 residents, 6.2% rent growth, 0.3% jobsUtica, NY: 0.98 permits per 1,000 residents, 5.8% rent growth, -0.3% jobsJamestown, NY: 0.97 permits per 1,000 residents, 15.0% rent growth, 0.2% jobsKankakee, IL: 0.96 permits per 1,000 residents, 4.0% rent growth, -0.7% jobsRussellville, AR: 0.95 permits per 1,000 residents, 4.7% rent growth, 0.2% jobsAthens, OH: 0.94 permits per 1,000 residents, 11.0% rent growth, 1.0% jobsMuskogee, OK: 0.93 permits per 1,000 residents, 16.1% rent growth, -1.4% jobsAnniston, AL: 0.91 permits per 1,000 residents, 4.8% rent growth, -0.5% jobsBattle Creek, MI: 0.91 permits per 1,000 residents, 6.4% rent growth, 0.7% jobsRed Bluff, CA: 0.89 permits per 1,000 residents, 5.3% rent growth, 0.7% jobsSaginaw, MI: 0.89 permits per 1,000 residents, 7.6% rent growth, 1.6% jobsSonora, CA: 0.88 permits per 1,000 residents, 8.1% rent growth, -0.1% jobsHot Springs, AR: 0.86 permits per 1,000 residents, 6.5% rent growth, 0.6% jobsLock Haven, PA: 0.85 permits per 1,000 residents, 6.6% rent growth, -0.2% jobsPullman, WA: 0.85 permits per 1,000 residents, 6.9% rent growth, -0.5% jobsDanville, VA: 0.82 permits per 1,000 residents, 7.5% rent growth, -1.2% jobsRockford, IL: 0.81 permits per 1,000 residents, 8.8% rent growth, -1.4% jobsMarquette, MI: 0.80 permits per 1,000 residents, 5.4% rent growth, -3.4% jobsYoungstown, OH: 0.78 permits per 1,000 residents, 5.5% rent growth, -0.7% jobsAnchorage, AK: 0.74 permits per 1,000 residents, 4.3% rent growth, -0.7% jobsMuncie, IN: 0.73 permits per 1,000 residents, 6.0% rent growth, -0.3% jobsAda, OK: 0.73 permits per 1,000 residents, 6.5% rent growth, -0.6% jobsAltoona, PA: 0.73 permits per 1,000 residents, 7.7% rent growth, -0.1% jobsPonca City, OK: 0.73 permits per 1,000 residents, 10.9% rent growth, 0.6% jobsWilliamsport, PA: 0.70 permits per 1,000 residents, 7.5% rent growth, 0.8% jobsIndiana, PA: 0.70 permits per 1,000 residents, 25.1% rent growth, 0.8% jobsHutchinson, KS: 0.65 permits per 1,000 residents, 4.8% rent growth, 0.6% jobsFarmington, NM: 0.63 permits per 1,000 residents, 5.2% rent growth, 1.5% jobsQuincy, IL: 0.62 permits per 1,000 residents, 5.4% rent growth, -1.4% jobsPeoria, IL: 0.61 permits per 1,000 residents, 4.7% rent growth, -0.2% jobsSpringfield, MA: 0.60 permits per 1,000 residents, 4.2% rent growth, -0.3% jobsTahlequah, OK: 0.58 permits per 1,000 residents, 13.7% rent growth, 2.0% jobsCortland, NY: 0.56 permits per 1,000 residents, 7.8% rent growth, 3.0% jobsMarion, IN: 0.51 permits per 1,000 residents, 10.0% rent growth, 0.7% jobsFreeport, IL: 0.50 permits per 1,000 residents, 36.9% rent growth, -2.1% jobsJohnstown, PA: 0.47 permits per 1,000 residents, 8.8% rent growth, -1.0% jobsCharleston, WV: 0.46 permits per 1,000 residents, 5.1% rent growth, -0.7% jobsBay City, MI: 0.45 permits per 1,000 residents, 3.5% rent growth, 0.3% jobsSunbury, PA: 0.39 permits per 1,000 residents, 8.1% rent growth, 0.5% jobsOzark, AL: 0.32 permits per 1,000 residents, 6.5% rent growth, 0.2% jobsMeridian, MS: 0.30 permits per 1,000 residents, 7.2% rent growth, -2.4% jobsKingsville, TX: 0.26 permits per 1,000 residents, 9.6% rent growth, 1.4% jobsBluefield, WV: 0.24 permits per 1,000 residents, 9.3% rent growth, -2.3% jobsFairbanks, AK: 0.21 permits per 1,000 residents, 5.7% rent growth, -1.8% jobsMorgantown, WV: 0.20 permits per 1,000 residents, 4.9% rent growth, 1.3% jobsDublin, GA: 0.17 permits per 1,000 residents, 9.1% rent growth, 2.2% jobsMurray, KY: 0.16 permits per 1,000 residents, 5.2% rent growth, -0.2% jobsWeirton, WV: 0.16 permits per 1,000 residents, 8.3% rent growth, 0.1% jobsDanville, IL: 0.14 permits per 1,000 residents, 3.5% rent growth, -2.4% jobsWheeling, WV: 0.06 permits per 1,000 residents, 3.6% rent growth, -0.6% jobsSan Diego, CA: 3.03 permits per 1,000 residents, 1.8% rent growth, 0.3% jobsRiverside, CA: 3.02 permits per 1,000 residents, 2.3% rent growth, 0.5% jobsSierra Vista, AZ: 3.01 permits per 1,000 residents, 2.1% rent growth, -4.0% jobsFlagstaff, AZ: 2.96 permits per 1,000 residents, 1.0% rent growth, -0.9% jobsButte, MT: 2.96 permits per 1,000 residents, 2.2% rent growth, -0.2% jobsCullman, AL: 2.96 permits per 1,000 residents, 2.9% rent growth, -0.1% jobsSanta Cruz, CA: 2.95 permits per 1,000 residents, 3.2% rent growth, 0.7% jobsJackson, TN: 2.91 permits per 1,000 residents, 2.5% rent growth, -0.2% jobsBurlington, VT: 2.90 permits per 1,000 residents, 0.9% rent growth, -0.5% jobsModesto, CA: 2.89 permits per 1,000 residents, 0.6% rent growth, 0.7% jobsGrand Rapids, MI: 2.89 permits per 1,000 residents, 2.9% rent growth, -0.3% jobsMemphis, TN: 2.85 permits per 1,000 residents, 0.7% rent growth, -0.4% jobsAlbertville, AL: 2.83 permits per 1,000 residents, 1.8% rent growth, 0.5% jobsKey West, FL: 2.81 permits per 1,000 residents, 2.8% rent growth, -1.4% jobsBloomington, IN: 2.74 permits per 1,000 residents, 2.7% rent growth, -2.6% jobsWaterloo, IA: 2.72 permits per 1,000 residents, 3.1% rent growth, -2.2% jobsMenomonie, WI: 2.68 permits per 1,000 residents, 2.8% rent growth, 0.0% jobsSedalia, MO: 2.63 permits per 1,000 residents, -1.9% rent growth, 1.1% jobsLake City, FL: 2.62 permits per 1,000 residents, 2.1% rent growth, -1.1% jobsSioux City, IA: 2.60 permits per 1,000 residents, 1.3% rent growth, -1.0% jobsAmes, IA: 2.58 permits per 1,000 residents, 2.7% rent growth, -2.0% jobsEl Paso, TX: 2.55 permits per 1,000 residents, 2.5% rent growth, 0.6% jobsLebanon, PA: 2.55 permits per 1,000 residents, 2.6% rent growth, 1.4% jobsTrenton, NJ: 2.54 permits per 1,000 residents, 2.3% rent growth, -0.1% jobsTyler, TX: 2.51 permits per 1,000 residents, 0.9% rent growth, 1.5% jobsLumberton, NC: 2.50 permits per 1,000 residents, -0.7% rent growth, -1.7% jobsHermiston, OR: 2.47 permits per 1,000 residents, 2.2% rent growth, 0.9% jobsSanta Rosa, CA: 2.43 permits per 1,000 residents, 3.2% rent growth, 0.5% jobsBeaumont, TX: 2.36 permits per 1,000 residents, 2.4% rent growth, 0.3% jobsEureka, CA: 2.35 permits per 1,000 residents, 2.7% rent growth, -0.7% jobsCañon City, CO: 2.34 permits per 1,000 residents, 0.7% rent growth, -1.4% jobsDecatur, AL: 2.33 permits per 1,000 residents, 2.3% rent growth, 1.0% jobsPayson, AZ: 2.31 permits per 1,000 residents, 3.1% rent growth, 0.6% jobsWilliston, ND: 2.28 permits per 1,000 residents, -3.3% rent growth, -1.2% jobsLongview, WA: 2.28 permits per 1,000 residents, 1.1% rent growth, 0.1% jobsHenderson, NC: 2.27 permits per 1,000 residents, -0.5% rent growth, -0.2% jobsAthens, TX: 2.26 permits per 1,000 residents, -2.3% rent growth, 1.8% jobsLaramie, WY: 2.25 permits per 1,000 residents, 1.8% rent growth, -0.5% jobsGrand Island, NE: 2.19 permits per 1,000 residents, 0.7% rent growth, -0.3% jobsWorcester, MA: 2.13 permits per 1,000 residents, 2.1% rent growth, 0.0% jobsMacon, GA: 2.12 permits per 1,000 residents, 2.3% rent growth, 0.5% jobsSanta Fe, NM: 2.09 permits per 1,000 residents, 1.7% rent growth, 0.4% jobsKlamath Falls, OR: 2.05 permits per 1,000 residents, 1.4% rent growth, 0.1% jobsDickinson, ND: 2.03 permits per 1,000 residents, -1.0% rent growth, 1.6% jobsThe Dalles, OR: 2.03 permits per 1,000 residents, 1.5% rent growth, 1.1% jobsColumbus, MS: 2.03 permits per 1,000 residents, 3.1% rent growth, -0.9% jobsNew Orleans, LA: 2.02 permits per 1,000 residents, 0.7% rent growth, -0.9% jobsAlexandria, LA: 2.02 permits per 1,000 residents, 1.0% rent growth, -0.1% jobsBridgeport, CT: 2.02 permits per 1,000 residents, 2.9% rent growth, 0.4% jobsTalladega, AL: 1.97 permits per 1,000 residents, 3.1% rent growth, -0.6% jobsBaltimore, MD: 1.94 permits per 1,000 residents, 2.4% rent growth, -1.2% jobsOxnard, CA: 1.92 permits per 1,000 residents, 1.1% rent growth, -0.3% jobsVallejo, CA: 1.88 permits per 1,000 residents, 0.7% rent growth, 0.5% jobsAlbany, OR: 1.85 permits per 1,000 residents, 1.2% rent growth, -1.4% jobsSpringfield, OH: 1.76 permits per 1,000 residents, 3.2% rent growth, -1.7% jobsGrants Pass, OR: 1.72 permits per 1,000 residents, -1.6% rent growth, -0.8% jobsCasper, WY: 1.68 permits per 1,000 residents, 0.6% rent growth, -1.0% jobsManchester, NH: 1.66 permits per 1,000 residents, 3.1% rent growth, -1.3% jobsEugene, OR: 1.66 permits per 1,000 residents, 3.2% rent growth, -1.3% jobsDel Rio, TX: 1.63 permits per 1,000 residents, -7.4% rent growth, -1.1% jobsBartlesville, OK: 1.61 permits per 1,000 residents, -3.1% rent growth, -0.1% jobsShawnee, OK: 1.61 permits per 1,000 residents, 3.0% rent growth, -0.5% jobsAstoria, OR: 1.60 permits per 1,000 residents, 3.0% rent growth, 0.8% jobsWarrensburg, MO: 1.57 permits per 1,000 residents, 2.9% rent growth, 0.6% jobsMerced, CA: 1.51 permits per 1,000 residents, 2.2% rent growth, 3.5% jobsNew Haven, CT: 1.47 permits per 1,000 residents, 2.7% rent growth, -0.1% jobsOrangeburg, SC: 1.42 permits per 1,000 residents, 0.9% rent growth, -0.2% jobsSheboygan, WI: 1.42 permits per 1,000 residents, 3.0% rent growth, -0.3% jobsFremont, NE: 1.39 permits per 1,000 residents, 0.4% rent growth, 1.1% jobsHartford, CT: 1.33 permits per 1,000 residents, 3.1% rent growth, 0.3% jobsRochester, NY: 1.32 permits per 1,000 residents, 3.2% rent growth, 0.4% jobsParkersburg, WV: 1.31 permits per 1,000 residents, 3.3% rent growth, -1.5% jobsTupelo, MS: 1.30 permits per 1,000 residents, 2.7% rent growth, -0.9% jobsBarnstable Town, MA: 1.27 permits per 1,000 residents, 3.0% rent growth, 2.5% jobsNew Castle, IN: 1.18 permits per 1,000 residents, 1.4% rent growth, 1.2% jobsPittsfield, MA: 1.17 permits per 1,000 residents, 2.9% rent growth, -0.3% jobsLongview, TX: 1.11 permits per 1,000 residents, 0.5% rent growth, 0.2% jobsBuffalo, NY: 1.11 permits per 1,000 residents, 3.2% rent growth, 0.6% jobsSebastian, FL: 1.05 permits per 1,000 residents, 1.8% rent growth, -1.0% jobsCorning, NY: 1.04 permits per 1,000 residents, -0.4% rent growth, 0.0% jobsRedding, CA: 1.04 permits per 1,000 residents, 3.3% rent growth, 2.1% jobsVineland, NJ: 1.03 permits per 1,000 residents, 2.7% rent growth, -0.9% jobsTorrington, CT: 1.02 permits per 1,000 residents, 1.5% rent growth, -2.5% jobsJamestown, ND: 0.93 permits per 1,000 residents, 0.9% rent growth, 1.5% jobsCape Girardeau, MO: 0.86 permits per 1,000 residents, 2.7% rent growth, 0.2% jobsMarshalltown, IA: 0.80 permits per 1,000 residents, 0.8% rent growth, 0.8% jobsGillette, WY: 0.80 permits per 1,000 residents, 2.9% rent growth, -1.4% jobsClarksburg, WV: 0.76 permits per 1,000 residents, 0.6% rent growth, 0.1% jobsBeckley, WV: 0.76 permits per 1,000 residents, 1.2% rent growth, -0.7% jobsUkiah, CA: 0.73 permits per 1,000 residents, 1.4% rent growth, 0.4% jobsVictoria, TX: 0.71 permits per 1,000 residents, 2.3% rent growth, 0.4% jobsKirksville, MO: 0.68 permits per 1,000 residents, -0.6% rent growth, -0.7% jobsRock Springs, WY: 0.67 permits per 1,000 residents, -3.4% rent growth, -2.3% jobsNacogdoches, TX: 0.49 permits per 1,000 residents, 2.5% rent growth, -2.6% jobsErie, PA: 0.48 permits per 1,000 residents, 3.2% rent growth, 0.1% jobsPueblo, CO: 0.41 permits per 1,000 residents, 1.6% rent growth, -0.9% jobsSt. Joseph, MO: 0.38 permits per 1,000 residents, 0.9% rent growth, 1.0% jobsRiverton, WY: 0.35 permits per 1,000 residents, 2.7% rent growth, -2.2% jobsDecatur, IL: 0.31 permits per 1,000 residents, -0.2% rent growth, -0.5% jobsStephenville, TX: 0.23 permits per 1,000 residents, -0.5% rent growth, 4.4% jobsFairmont, WV: 0.07 permits per 1,000 residents, 3.3% rent growth, -1.2% jobsAlamogordo, NM: 0.06 permits per 1,000 residents, 0.9% rent growth, -0.8% jobsEnid, OK: 0.03 permits per 1,000 residents, 2.4% rent growth, -0.6% jobsJeffersonWilmingtonPunta GordaDurhamMyrtle BeachPermitted housing units per 1,000 residents →Zillow asking-rent change →
Permits are authorizations, not completed rental units. Redfin for-sale liquidity and employment stay in the table as separate context; no pressure score is created.
Decision table

The first 24 rows, with a path to the underlying market

542 total rows Download all rows
Highest permitted-unit intensity among metros with below-median asking-rent growth
Screen orderMetroPermits / 1k5+ unit shareRent YoYJobs YoYFor-sale supplyOpen
1Jefferson, GA2026 YTD through M06 · Redfin 2026-05-0120.770.0%2.8%-2.6%4.6 mo.Open explorer
2Wilmington, NC2026 YTD through M06 · Redfin 2026-05-0118.931680.0%2.9%2.6%3.9 mo.Open explorer
3Punta Gorda, FL2026 YTD through M06 · Redfin 2026-05-0117.51440.0%0.0%-0.7%4.3 mo.Open explorer
4Durham, NC2026 YTD through M06 · Redfin 2026-05-0117.485370.0%0.3%-0.7%3.0 mo.Open explorer
5Myrtle Beach, SC2026 YTD through M06 · Redfin 2026-05-0117.42130.0%1.4%1.6%5.7 mo.Open explorer
6Fayetteville, AR2026 YTD through M06 · Redfin 2026-05-0116.423800.0%1.6%2.5%3.4 mo.Open explorer
7Ocala, FL2026 YTD through M06 · Redfin 2026-05-0116.250.0%-0.2%1.6%4.1 mo.Open explorer
8St. George, UT2026 YTD through M06 · Redfin 2026-05-0115.392030.0%3.3%2.1%10.1 mo.Open explorer
9North Port, FL2026 YTD through M06 · Redfin 2026-05-0115.071820.0%-1.5%1.2%3.8 mo.Open explorer
10Raleigh, NC2026 YTD through M06 · Redfin 2026-05-0114.233990.0%0.3%2.1%3.0 mo.Open explorer
11Cape Coral, FL2026 YTD through M06 · Redfin 2026-05-0113.463040.0%-1.9%-0.6%4.9 mo.Open explorer
12Cedar City, UT2026 YTD through M06 · Redfin 2026-05-0113.400.0%0.4%1.8%7.0 mo.Open explorer
13Crestview, FL2026 YTD through M06 · Redfin 2026-05-0113.391880.0%2.8%0.4%5.9 mo.Open explorer
14Asheville, NC2026 YTD through M06 · Redfin 2026-05-0113.296540.0%1.2%0.9%6.2 mo.Open explorer
15Burlington, NC2026 YTD through M06 · Redfin 2026-05-0112.971730.0%1.7%-0.7%3.1 mo.Open explorer
16Spartanburg, SC2026 YTD through M06 · Redfin 2026-05-0112.91450.0%2.1%0.7%3.8 mo.Open explorer
17Hilton Head Island, SC2026 YTD through M06 · Redfin 2026-05-0111.690.0%0.6%1.7%4.5 mo.Open explorer
18Rexburg, ID2026 YTD through M06 · Redfin 2026-05-0111.491730.0%0.9%-0.6%9.5 mo.Open explorer
19Gainesville, GA2026 YTD through M06 · Redfin 2026-05-0111.391160.0%0.8%0.3%4.4 mo.Open explorer
20Homosassa Springs, FL2026 YTD through M06 · Redfin 2026-05-0111.230.0%1.7%0.6%3.8 mo.Open explorer
21Hickory, NC2026 YTD through M06 · Redfin 2026-05-0111.152170.0%3.0%-0.7%4.4 mo.Open explorer
22Idaho Falls, ID2026 YTD through M06 · Redfin 2026-05-0111.134350.0%0.9%-0.1%2.8 mo.Open explorer
23Coeur d'Alene, ID2026 YTD through M06 · Redfin 2026-05-0110.902860.0%3.2%0.9%2.7 mo.Open explorer
24Greeley, CO2026 YTD through M06 · Redfin 2026-05-0110.863380.0%0.1%1.6%3.3 mo.Open explorer

The visible table is intentionally limited for reading. The CSV contains every row that passes the printed inclusion rule.

Reproduce the screen

Inclusion first, interpretation second.

Include every RentMarker metro with direct Zillow rent and home-value measures, Census permitted units per 1,000 residents, a named BLS employment series, and Redfin months of supply, median days on market and price-drop share. Compute unweighted medians across that complete intersection, then place every metro into one of four permits/rent-growth groups. No group is converted into a forecast or composite score.

Methodology version: v10

Method

  1. Permitted units per 1,000 residents divides the latest Census BPS authorization count by current ACS metro population.
  2. Zillow ZORI year-over-year change is the asking-rent axis; the two medians are descriptive boundaries computed from the same complete metro universe.
  3. BLS employment, Redfin for-sale months of supply, days on market and listing price cuts remain separate context rather than inputs to a hidden pressure score.

Counter-signals

  • A permit authorizes construction but does not prove when, whether or as what tenure a unit will be completed.
  • Stronger employment can help absorb new housing, while weak jobs can deepen a slow-rent-growth signal; neither relationship is assumed to be causal here.
  • Redfin tracks homes offered for sale, not rental vacancy, so its liquidity measures describe buyer leverage and resale conditions only.

Limitations

  • The permit total includes single-family and multifamily structures; the 5+ unit share is retained but does not identify rental tenure.
  • Zillow, Census, BLS and Redfin releases cover different periods, making this a current joined screen rather than a synchronized forecast.
  • Metro averages can conceal neighborhood, property-type and delivery-timing differences that require local and property-level due diligence.
Move from market to deal

Use the study to narrow the question—not to skip underwriting.

Open a market for its supply, affordability, migration and risk context. Compare a deliberate substitute, then bring a real property price, rent and expenses into the stress test.

Explore supply pressure Stress-test a dealOpen curated comparisons
Source vintages

Every input release used by this study

Release and retrieval dates stay visible so a reader can tell whether two measures describe the same moment.

acs populationCensus ACS 5-year — populationACS 2024 5-year · retrieved 2026-07-26bls cesBLS CES — payroll employmentCES SM current · retrieved 2026-07-26bls lausBLS LAUS — resident employmentLAUS current · retrieved 2026-07-26census bpsCensus Building Permits Survey — permitted unitsBPS through 2026 · retrieved 2026-07-26redfinRedfin Data Center — inventory, days on market, and price cutsmetro tracker through 2026-05-01 · retrieved 2026-07-26zillow zhviZillow ZHVI — metro home valuesMetro_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv · retrieved 2026-07-26zillow zoriZillow ZORI — metro market rentsMetro_zori_uc_sfrcondomfr_sm_sa_month.csv · retrieved 2026-07-26