{"id":10028,"date":"2026-02-10T14:53:00","date_gmt":"2026-02-10T14:53:00","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=10028"},"modified":"2026-03-10T13:22:59","modified_gmt":"2026-03-10T13:22:59","slug":"national-multifamily-market-report-january-2026","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/national-multifamily-market-report-january-2026\/","title":{"rendered":"National Multifamily Market Report \u2013 January 2026"},"content":{"rendered":"\n

Read the latest Yardi Matrix National Multifamily Market Report<\/a><\/strong>.<\/p>\n\n\n\n

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The start of 2026 marks a rebound for multifamily rent growth after five consecutive months of rate depreciation.<\/em><\/p>\n\n\n\n

Highlights:<\/h2>\n\n\n\n
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  • The average U.S. advertised asking rent increased $3 to $1,741, marking a 0.2% increase year-over-year.<\/li>\n\n\n\n
  • Monthly growth mirrored yearly growth at 0.2%, with more than half of Matrix\u2019s top 30 markets posting gains.<\/li>\n\n\n\n
  • Last year, 519,000 apartments were absorbed, marking 2025 as the third-best showing of the past decade.<\/li>\n\n\n\n
  • SFR-BTR average advertised rents declined $2 to $2,184 in January, representing a 0.9% drop year-over-year.<\/li>\n<\/ul>\n\n\n\n

    New year, new multifamily rental performance<\/h2>\n\n\n\n

    At the end of January, national multifamily average advertised asking rents rebounded, increasing $3 to $1,741, marking a 0.2 percent growth year-over-year. This increase put a stop to a consecutive five-month streak of rent decreases. The usual Midwest and coastal markets posted gains, with Chicago leading annual rent growth (3.6%), followed by New York City (3.3%), the Twin Cities (2.7%), and Kansas City (2.5%), as well as San Francisco (2.0%). Supply-burdened metros such as Austin (-5.0%), Phoenix (-3.7%), Denver (-3.2%), Tampa (-3.0%) and Las Vegas (-2.8%) continued showing negative rent growth.<\/p>\n\n\n\n