According to the latest Yardi Matrix Multifamily Report, multifamily rents posted gains in June, 2025 with the average U.S. advertised rent increasing $3 to $1,749. Year-over-year rent growth was 0.9%. Yardi says growth remains tepid as the market balances between robust demand and supply while economic uncertainty is high:
Multifamily performance remained solid through mid-year 2025, with rents rising by $20, or 1.2%, over the first two quarters. While demand remains healthy, rent growth is muted by economic uncertainty and rapid supply growth in many markets.