Rental Demand and Retention Trends

[Isaiah Hall]

I just read the BiggerPockets article “Need a Steady Supply of Tenants? These States Have the Highest Retention Rates in the Country” and wanted to hear from other investors who own rentals in these areas.

According to the data, states like Texas, North Carolina, Georgia, California, and Utah are seeing strong tenant retention.

• Texas: 82% of natives still live in-state, with strong job growth in Dallas and surrounding suburbs

• North Carolina: Steady demand in Charlotte and Raleigh due to limited supply and job stability

• Georgia: Investor activity has slowed, but long-term fundamentals remain strong in markets like Atlanta

• Utah: Tech and healthcare are driving growth, pricing out buyers and keeping renters in place

If you’re actively managing rentals in any of these states:

• What are you personally seeing in terms of vacancy rates and tenant turnover?

• Are renters staying longer or still moving frequently?

• How are local job markets or cost pressures impacting retention?

Curious how the national data compares to what investors are seeing locally.

[Kunal Datt]

I live and invest in Raleigh NC and can attest to tenant retention and ease of finding tenants to occupy my rentals. I have not experienced more than 1 month in vacancy between tenants. There is a diverse job market here between hospitals, tech jobs, and universities and still seeing people moving into the area. Hard to find cashflow for long term rentals but solid long-term appreciation.