Daytona Beach Market Report 2nd Quarter 2023 by NAI Hallmark
Daytona Beach Multifamily Market Indicators

“The multifamily sector in Daytona Beach and the surrounding markets has followed trends consistent with the majority of the state. While new multifamily developments remain consistent, the area’s annual population growth continues to exceed the national average by 7.5x. With this, we anticipate stabilized occupancy to remain around 94% through 2024. Further, the area benefits from a high average household income of $84k which, when paired with recent wage growth, should keep rents robust for years to come.”

Buck Poderski, Vice President, Multifamily Investment Sales with NAI Hallmark
Buck Poderski

Vice President, Multifamily Investment Sales

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Daytona Beach Multifamily Market Report