Workforce housing has outperformed the overall multifamily market in recent years with relatively low vacancy rates and above-average rent growth. The healthy market performance has attracted significant investor interest in these rental communities that are affordable for low- to median-income families.
One of the key questions in the marketplace today is whether investment in workforce housing still makes sense. To answer this, CBRE Research has analyzed the property market fundamentals of workforce housing and how it performs against other types of multifamily housing. Explore supply and demand trends and which metro markets are outperforming national trends.