Leasing

National Multifamily Report – January 2024

The average multifamily asking rent was $1,710 in January, up 0.5 percent year-over-year.

National average includes 140 markets tracked by Matrix, not just the 30 metros listed above. Source: Yardi Matrix December 2023 Monthly Report

2023 Rent Growth

Yardi Matrix’s latest report on this key market indicator.

Year-over-year multifamily rent growth, all asset classes.

National Multifamily Report – December 2023

In December, asking rents declined for the fifth month in a row, according to Yardi Matrix.

Where Are the Most Competitive US Rental Markets?

RentCafe’s year-end report reveals the national leaders.

National Multifamily Report – November 2023

Year-over-year rent growth remained unchanged at 0.4 percent, according to Yardi Matrix.

National Multifamily Report – October 2023

Rent growth softened to 0.4 percent year-over-year, according to Yardi Matrix.

Year-over-year multifamily rent growth, all asset classes. Chart courtesy of Yardi Matrix

National Multifamily Report – September 2023

Multifamily rent growth fell to 0.8 percent year-over-year, according to Yardi Matrix.

The Top 10 Markets Driving Rent Growth

Despite a tough climate for multifamily, these 10 markets are leading the nation with the largest year-over-year increases in asking rent.

National Multifamily Report – August 2023

Rents rose 1.5% year-over-year, according to Yardi Matrix.

National Multifamily Report – July 2023

The Northeast and Midwest led modest growth, according to Yardi Matrix.