While average U.S. rent growth is projected to reach 2.3% in 2025, seven metro areas—including Boston, San Jose, and West Palm Beach—are expected to exceed 3.4%, according to a RealPage forecast. Meanwhile, Austin, Denver, and Phoenix are the only major markets predicted to see rent declines due to high supply and softened demand.
Source: https://www.orionprop.com/topfive/the-apartment-markets-set-to-exceed-average-rent-growth-this-year/