According to the latest Yardi Matrix Multifamily Report, multifamily advertised rents grew slowly in the first half of 2026, but that’s not stopping investors from allotting capital to the sector. The average U.S. advertised rent rose $4 to $1,763, with year-over-year growth unchanged at 0.2%. They say demand has moderated.
Demand has moderated considerably, with preliminary data indicating that national absorption totaled approximately 108,000 units during the first five months of the year, down 61% from the same period last year. This suggests household formation is no longer keeping pace with the surge in apartment completions, which could extend soft market conditions.
Click here to read the full report at Yardi.
