{"id":8878,"date":"2025-05-09T08:42:27","date_gmt":"2025-05-09T08:42:27","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=8878"},"modified":"2025-06-06T09:37:56","modified_gmt":"2025-06-06T09:37:56","slug":"national-multifamily-market-report-april-2025","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/national-multifamily-market-report-april-2025\/","title":{"rendered":"National Multifamily Market Report \u2013 April 2025"},"content":{"rendered":"\n
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Rent growth decreased slightly to 0.9% year-over-year in April, according to Yardi Matrix\u2019s latest national multifamily market report.<\/em><\/p>\n\n\n\n

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

Report highlights:<\/h2>\n\n\n\n
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  • The average U.S. advertised asking rent gained $5 to $1,736 in April, up 0.9% year-over-year.<\/li>\n\n\n\n
  • On a monthly basis, rent growth in the Renter-by-Necessity segment outperformed Lifestyle.<\/li>\n\n\n\n
  • Uncertainty around tariffs and economic policy keeps down CRE deal flow and development.<\/li>\n\n\n\n
  • Gains in the SFR-BTR market stemmed solely from the RBN segment.<\/li>\n<\/ul>\n\n\n\n

    Multifamily fundamentals remain moderate<\/h2>\n\n\n\n

    The average U.S. advertised asking rent rose 0.9% year-over-year through April, up $5 to $1,736. Growth is sustained by a stable labor market and a sluggish home sale market. The highest rent growth was recorded in New York City (5.8%), Columbus (3.7%), Philadelphia (3.6%), Kansas City (3.5%) and Chicago (3.3%). Metros in the Sun Belt continued to record negative growth, with the steepest drops posted by Austin (-5.6%), Denver (-3.9%), Phoenix (-3.1%), Dallas and Orlando (both -2.1%).<\/p>\n\n\n\n