According to the latest Yardi Matrix Multifamily Report, multifamily rents slipped in December, 2025 with the average U.S. advertised rent dropping $5 to $1,737 and year-over-year rent growth came in at 0%. Yardi says years without growth are rare – with the last one being the 2020 pandemic year. However, they do expect modest increases in 2026.
“Looking ahead, despite ongoing economic uncertainty, stronger GDP growth in the fourth
quarter points to improving momentum. Greater stability in 2026 could help lift consumer confidence and support a gradual rebound in rental demand.”
Click here to read the full report at Yardi.

