{"id":9076,"date":"2025-06-06T09:37:00","date_gmt":"2025-06-06T09:37:00","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=9076"},"modified":"2025-07-18T11:25:33","modified_gmt":"2025-07-18T11:25:33","slug":"national-multifamily-market-report-may-2025","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/national-multifamily-market-report-may-2025\/","title":{"rendered":"National Multifamily Market Report – May 2025"},"content":{"rendered":"\n

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

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Recovery signs from markets with weak rent performance over the last year, according to Yardi Matrix\u2019s latest national multifamily market report<\/em>.<\/p>\n\n\n\n

Report highlights:<\/h2>\n\n\n\n
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  • The average U.S. advertised asking rent rose by $6 to $1,761 in May, up 1.0% year-over-year.<\/li>\n\n\n\n
  • On a month-over-month basis, rent growth was equal across property segments, up by 0.3%.<\/li>\n\n\n\n
  • Signs of rebound emerge from metros with previously negative rent movement.<\/li>\n\n\n\n
  • SFR-BTR advertised asking rents rose for the fourth consecutive month in May to $2,183.<\/li>\n<\/ul>\n\n\n\n

    Slow but steady achievements<\/h2>\n\n\n\n

    The average U.S. advertised asking rent increased by $6 to $1,761 in May, maintaining at 1.0% year-over-year, a rate it stayed below over the period. Highest rent growth was recorded in gateway and secondary markets in the Northeast and Midwest, led by New York City (5.7%), Kansas City (4.0%), Philadelphia (3.4%) and Columbus (3.3%). Meanwhile, many high-supply metros continued to struggle, with the largest rent declines in Austin (-5.2%), Denver (-3.5%), Phoenix (-3.4%) and Orlando (-1.8%).<\/p>\n\n\n\n