According to the latest Yardi Matrix Multifamily Report, multifamily rents remained flat in April, 2026 with the average U.S. advertised coming in at $1,758 and year-over-year rent growth turned negative coming in at -0.2%. They say regardless of broader economic conditions, the elevated volume of new supply working through lease-up remains the primary constraint on rent growth.
U.S. multifamily advertised rents rose in April but less than the usual seasonal bounce and they are negative compared to a year ago. However, investors can still find pockets of opportunity in strong submarkets and in distressed and value-add assets.
Click here to read the full report at Yardi.
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