According to the latest Yardi Matrix Multifamily Report, multifamily rents posted gains in April, 2025 with the average U.S. advertised rent increasing $5 to $1,736. Year-over-year rent growth dropped to 0.9%. However, Yardi says economic uncertainty threatens the market:
“While multifamily market fundamentals are healthy, the economic uncertainty caused by
tariffs could challenge the market. Weaker economic growth could offset the supply slowdown by reducing multifamily demand, which could delay rent growth recovery. Household formations could decline as more people begin doubling up.”
Click here to read the full report at Yardi.