Silicon Valley Multifamily Market Report
By CREhunt Research · Data through Q3 2021 · Aggregated from , Cushman & Wakefield
Quarterly multifamily market indicators for Silicon Valley, aggregated by CREhunt from , Cushman & Wakefield. As of Q3 2021, average asking rent was $1591.00/SF with a 4.4% vacancy rate.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q3 2021 | $1591.00/SF | 4.4% | 0K SF | — | |
| Q3 2019 | $1400.00/SF | 9.2% | 2K SF | — | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for multifamily space in Silicon Valley?
- As of Q3 2021, the average asking rent for multifamily space in Silicon Valley was $1591.00/SF.
- What is the multifamily vacancy rate in Silicon Valley?
- The multifamily vacancy rate in Silicon Valley was 4.4% as of Q3 2021.
- Where does CREhunt's Silicon Valley market data come from?
- This report aggregates quarterly multifamily market data for Silicon Valley from Cushman & Wakefield.
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