Auburn, AL Apartment Market & Multifamily Brokerage
Lee County, AL
Auburn is one of the deepest multifamily markets in our coverage area: 83,761 residents and 79 tracked properties totaling 6,924 units. A market this size supports real trading volume in almost any cycle.
At 82.7 apartment units per 1,000 residents, Auburn's housing mix runs close to the middle of the markets we track — neither oversupplied nor underserved on paper.
Average asking rent runs around $1,298/unit, squarely in the middle of the markets we track — room to grow without the pricing pressure of the hotter submarkets.
Auburn is home to Auburn University, whose student and staff population drives a large share of the city's rental demand and gives the market a built-in occupancy floor.
Steven Rowe and Gulf Coast Multifamily represent owners of 10+ unit apartment properties in Auburn and across Lee County, AL. If you're thinking about selling, refinancing, or just want to know what your property is worth, a confidential conversation costs nothing.