Thought I'd share this useful data from Apartment List... 

They note that while nationally rental rate growth is slowing due a rise in new construction in the multifamily category (now reaching pre-recession rates), homeownership rates are rising despite lack of new for-sale inventory of single family homes. Also a link to resources for city-specific data. 

https://www.apartmentlist.com/rentonomics/rents-growing-fastest/ 

And here's some info on top 10 cities millenials are moving to...

@Nicole Petrak Hi and welcome to BP. Thanks for sharing this information with us. Educational