According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,721 in march, 2024. Yardi says multifamily rents recorded their largest gain in 20 months, which they say signals a normal seasonal growth pattern. Indeed…
“March’s multifamily data should provide some level of comfort for the many market observers worried about the sector’s performance this year owing to slowing economic growth or the robust supply pipeline.”
Click here to read the full report at Yardi.