Report: Providence apartment market has among lowest turnover in nation

PROVIDENCE BUSINESS NEWS (FEBRUARY 14, 2019) – Sixty-one percent of tenants in Providence renewed their leases in 2018, a new report found, among the lowest turnover in the nation.

RealPage Inc. found the resident retention rate among the country’s 50 largest markets ranged from 46 percent to 62 percent. Milwaukee and Newark-Jersey City, N.J., topped the list, with 61.9 percent retention.

Read more at: PROVIDENCE BUSINESS NEWS.