According to the latest Yardi Matrix Multifamily Report, multifamily rents posted gains in October, 2025 with the average U.S. advertised rent dropping $4 to $1,743 and year-over-year rent growth came in at 0.5%. Yardi says rents continued to drop in October in the face of weakening demand amid economic uncertainty and deteriorating consumer health.
“U.S. multifamily advertised rents declined by $4 in October, marking the third consecutive monthly decrease and the third straight October with a similar drop. The pullback highlights the effects of deteriorating consumer confidence, persistent inflation and labor market weakness—signs that the sector may be entering a period of softness”
Click here to read the full report at Yardi.

