{"id":10558,"date":"2026-03-03T06:46:00","date_gmt":"2026-03-03T06:46:00","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=10558"},"modified":"2026-07-06T06:52:09","modified_gmt":"2026-07-06T06:52:09","slug":"raleigh-multifamily-market-report-february-2026","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/raleigh-multifamily-market-report-february-2026\/","title":{"rendered":"Raleigh Multifamily Market Report \u2013 February 2026"},"content":{"rendered":"\n<p class=\"has-normal-font-size\">Read the latest Yardi Matrix <strong><a href=\"\/blog\/raleigh-multifamily-market-report\/\">Raleigh Multifamily Market Report<\/a><\/strong>.<\/p>\n\n\n<hr \/>\n<h2>Rents Slide, Occupancy Holds Up<\/h2>\n<p>Raleigh\u2013Durham\u2019s multifamily fundamentals were mixed at the end of 2025, as elevated supply kept pressure on rents even while occupancy edged higher, according to the latest Yardi Matrix Raleigh\u2013Durham multifamily market report. Average advertised asking rents fell 0.3%, on a trailing three-month basis through December to $1,539, on par with the U.S. rate, which slid to $1,737. Year-over-year, rents declined 0.7% while the national rate was unchanged, as\u00a0noted in the\u00a0<strong><a href=\"https:\/\/www.yardimatrix.com\/blog\/national-multifamily-market-report\/\">U.S. multifamily report<\/a><\/strong>. The occupancy rate in stabilized properties inched up 10 basis points year-over-year, to 93.8% in November.<\/p>\n<p><iframe id=\"datawrapper-chart-IhlaN\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Raleigh - Durham vs. National Rent Growth\" src=\"https:\/\/datawrapper.dwcdn.net\/IhlaN\/1\/\" height=\"334\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Line chart\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}});<\/script><\/p>\n<p>Employment growth held at 1.7% year-over-year through September, well above the 0.8% U.S. rate. Unemployment stood at 3.6% in Raleigh\u2013Cary in November and 3.8% in Durham, both slightly below North Carolina (3.9%) and the U.S. (4.5%). The metro added 19,600 net jobs in the 12 months ending in September, led by education and health services (8,900) and professional and business services (4,600). Economic momentum in 2025 was reinforced by deliveries including Tower 5 at North Hills, the Horseshoe at Hub RTP, the Johnson Brothers facility in Garner, and public-facing milestones such as the RUS Bus component and the Gipson Play Plaza at Dix Park.<\/p>\n<p><iframe id=\"datawrapper-chart-Rp8Lj\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Raleigh - Durham Employment Share by Sector\" src=\"https:\/\/datawrapper.dwcdn.net\/Rp8Lj\/2\/\" height=\"417\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}});<\/script><\/p>\n<p>Developers delivered 10,899 units in 2025, with 11,854 units underway as of December, 4,283 of which broke ground in 2025. Investment totaled $1.1 billion in 2025, and the average price per unit rose 18.5% year-over-year, to $225,404 in December.<\/p>\n<p>Read the full Yardi Matrix Raleigh Multifamily Market Report: <strong><a href=\"https:\/\/www.yardimatrix.com\/publications\/download\/file\/8385-MatrixMultifamilyRaleighReport-February2026\">February 2026<\/a><\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>Rents Slide, Occupancy Holds Up Raleigh\u2013Durham\u2019s multifamily fundamentals were mixed at the end of 2025, as elevated supply kept pressure on rents even while occupancy edged higher, according to the latest Yardi Matrix Raleigh\u2013Durham multifamily market report. Average advertised asking rents fell 0.3%, on a trailing three-month basis through December to $1,539, on par with [&hellip;]<\/p>\n","protected":false},"author":436,"featured_media":10098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,5,4],"tags":[519,459],"class_list":["post-10558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metro-reports","category-multifamily-market","category-real-estate-trends","tag-multifamily-outlook-2026","tag-raleigh"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Raleigh Multifamily Market Report \u2013 February 2026 - Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"The Research Triangle\u2019s advertised asking rents fell 0.7 percent YoY through December to $1,539, Yardi Matrix reports.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardimatrix.com\/blog\/raleigh-multifamily-market-report-february-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raleigh Multifamily Market Report \u2013 February 2026\" \/>\n<meta property=\"og:description\" content=\"The Research Triangle\u2019s advertised asking rents fell 0.7 percent YoY through December to $1,539, Yardi Matrix reports.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardimatrix.com\/blog\/raleigh-multifamily-market-report-february-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Matrix Blog\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-03T06:46:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-06T06:52:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2025\/11\/Raleigh-iStock-2247297882-MHN.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adina Rogoz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anca Gagiuc\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Raleigh Multifamily Market Report \u2013 February 2026 - 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