Based on your preferences for investing in multi-family homes with a budget exceeding $1,000,000 and no particular regional preference, we've identified the top cities for such investments.

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Top Cities to Invest in Multi-Family Rental Properties - June 2024

Expert analysis and comprehensive comparison guide

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🏆Top Pick

#1 WinnerHighest Rated
Austin, Texas
#1
Top Pick

Austin, Texas

Model: N/A

Brand: City

Price

$1500000

Rating

4.8

Pros

  • Consistent population growth
  • Strong job market
  • Attractive for tech companies

Cons

  • Higher property prices
  • Intense competition

Expert Analysis

Based on your preferences for investing in multi-family homes with a budget exceeding $1,000,000 and no particular regional preference, we've identified the top cities for such investments. These cities have been selected based on factors like market stability, potential for high rental income, and overall property appreciation. Here are our top recommendations:

🥈Runner-ups & Alternatives

4 More Options
#2
Raleigh, North Carolina
#2
Runner Up

Raleigh, North Carolina

Model: N/A

Brand: City

Price

$1200000

Rating

4.7

Pros

  • Growing population
  • Strong tech and healthcare sectors
  • Relatively affordable

Cons

  • Moderate growth in rental prices
#3
Denver, Colorado
#3
Third Choice

Denver, Colorado

Model: N/A

Brand: City

Price

$1400000

Rating

4.7

Pros

  • High quality of life
  • Strong job market
  • Steady property appreciation

Cons

  • Higher initial investment costs
#4
Nashville, Tennessee
#4
#4

Nashville, Tennessee

Model: N/A

Brand: City

Price

$1100000

Rating

4.6

Pros

  • Rapidly growing job market
  • Strong cultural and entertainment appeal
  • Relatively lower property prices

Cons

  • Economic dependence on tourism and entertainment
#5
Atlanta, Georgia
#5
#5

Atlanta, Georgia

Model: N/A

Brand: City

Price

$1300000

Rating

4.5

Pros

  • Major transportation hub
  • Diverse economy
  • Strong rental demand

Cons

  • Varying neighborhood qualities
📊

Quick Comparison

#1

Austin, Texas

City

4.8
$1500000
#2

Raleigh, North Carolina

City

4.7
$1200000
#3

Denver, Colorado

City

4.7
$1400000
#4

Nashville, Tennessee

City

4.6
$1100000
#5

Atlanta, Georgia

City

4.5
$1300000

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Frequently Asked Questions

Common questions about Top Cities to Invest in Multi-Family Rental Properties - June 2024

What is the best top cities to invest in multi-family rental properties - june 2024?

Based on our analysis, Austin, Texas is currently the top pick for top cities to invest in multi-family rental properties - june 2024.

How much should I budget for a quality top cities to invest in multi-family rental properties - june 2024?

Quality options range from $1100000 to $1500000. Our recommended top pick is priced at $1500000.