U.S. metro statistical areas (MSAs) with the lowest turnover rates:
Market Rate
Baltimore-Towson, Md.........................................38
Philadelphia-Camden-Wilm..................................40
Boston-Cambridge, Mass.....................................44
Ann Arbor, Mich..................................................44
Los Angeles-Long Beach......................................45
Minneapolis-St. Paul.............................................47
Sacramento-Arden, Calif........................................47
Detroit-Warren-Livonia..........................................47
Miami-Miami Beach..............................................47
St. Louis..............................................................47
Source : NAA’s 2011 Survey of Operating Income & Expenses in Rental Apartment Communities.
To purchase entire survey, contact NAA’s Valerie Hairston at Valerie@naahq.org.