According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were $1,718 in September, the same as in August. Yardi says while the cooling economy is beginning to show its effect on multifamily, the key fundamentals remain strong. Indeed…
“Despite the flattening rent growth, much about the market remains positive. National asking rents are still at record highs, and national occupancy rates have been hanging around 96% since June of 2021”
Click here to read the full report at Yardi.
