According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,713 in February, 2024. Interestingly, Yardi says demand has remained healthy throughout the period that rents have been flat. Indeed…
“Multifamily rents rose by $1 nationally in February and are basically at the same level as 18 months ago. The stability on the surface belies a host of changing trends that are keys to determining the direction the market takes from here.”
Click here to read the full report at Yardi.
