According to the latest Yardi Matrix Multifamily Report, multifamily rents are off to a positive start for 2025 with the average U.S. advertised rent increasing $3 nationally in January to $1,746. Year-over-year rent growth was up 20 basis points to 0.8%.
“Multifamily got the year rolling in a positive direction, with rents in January breaking a six-month negative growth streak….[HOWEVER]…One of the questions the industry faces in 2025 is whether demand will repeat 2024’s red-hot level.”
Click here to read the full report at Yardi.