{"id":10015,"date":"2026-02-24T12:00:00","date_gmt":"2026-02-24T12:00:00","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=10015"},"modified":"2026-02-25T05:47:33","modified_gmt":"2026-02-25T05:47:33","slug":"strong-fully-affordable-housing-performance-in-2025","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/strong-fully-affordable-housing-performance-in-2025\/","title":{"rendered":"Yardi Matrix Reports Strong Fully Affordable Housing Performance in 2025"},"content":{"rendered":"\n

Sector\u2019s income, NOI outperformed market rate properties<\/strong><\/em><\/p>\n\n\n\n

SANTA BARBARA, Calif., February 24, 2026<\/strong>\u00a0\u2013 Strong income growth elevated net operating income for the U.S. fully affordable property sector in 2025, according to new data from Yardi\u00ae<\/sup>\u00a0Matrix<\/a>.<\/p>\n\n\n\n

Income at fully affordable multifamily properties recorded 5.7% average growth in 2025, exceeding the 2.1% growth recorded by market rate properties. That helped produce NOI growth of 8.7% for the year, almost four times that of market rate units. Meanwhile, affordable housing expenses rose an average of 3.3% per unit in 2025, down from the 7.8% peak seen in 2022 and 2023.<\/p>\n\n\n\n

The average allowable increase from the U.S. Department of Housing and Urban Development was more than 6% in 2025, a key contributor to the sector\u2019s overall income growth.<\/p>\n\n\n\n

Although fully affordable properties boast healthy big-picture numbers, \u201cthe industry faces challenges that require operators to be diligent and focus on efficiency,\u201d a new national report from Yardi Matrix states, with rent growth likely to remain soft in many markets in 2026. Moreover, many properties \u201care still dealing with the impact of several years of above-trend expense growth\u201d and challenging economic conditions are exacting a toll on lower-income families.<\/p>\n\n\n\n

Get in-depth analysis of income, operating expenses, NOI and other trends in the Yardi Matrix Affordable Housing National Report for February 2026<\/a>.<\/p>\n\n\n\n

Yardi Matrix offers the industry\u2019s most comprehensive market intelligence tool for investment professionals, equity investors, lenders and property managers who underwrite and manage investments in commercial real estate. Yardi Matrix covers multifamily, single-family rentals\/ build to rent, affordable housing, student housing, self storage, office, industrial, retail and vacant land property types. Email matrix@yardi.com<\/a>, call (480) 663-1149<\/a> or visit yardimatrix.com<\/a> to learn more.<\/p>\n\n\n\n

About Yardi<\/strong>
Yardi\u00ae<\/sup>\u00a0develops industry-leading software for all types and sizes of real estate companies across the world. With more than 10,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energized for Tomorrow, visit\u00a0yardi.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sector\u2019s income, NOI outperformed market rate properties SANTA BARBARA, Calif., February 24, 2026\u00a0\u2013 Strong income growth elevated net operating income for the U.S. fully affordable property sector in 2025, according to new data from Yardi\u00ae\u00a0Matrix. Income at fully affordable multifamily properties recorded 5.7% average growth in 2025, exceeding the 2.1% growth recorded by market rate […]<\/p>\n","protected":false},"author":3865,"featured_media":10016,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[28,29],"tags":[244],"class_list":["post-10015","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-press-releases","tag-affordable-housing"],"yoast_head":"\nYardi Matrix Reports Strong Fully Affordable Housing Performance in 2025 - Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"Sector\u2019s income, NOI outperformed market rate properties, according to Yardi Matrix data and analysis of sector performance metrics.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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