{"id":31217,"date":"2022-02-11T15:27:00","date_gmt":"2022-02-11T23:27:00","guid":{"rendered":"https:\/\/www.yardi.com\/blog\/?p=31217"},"modified":"2026-02-22T15:27:44","modified_gmt":"2026-02-22T23:27:44","slug":"rents-gain-again","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/rents-gain-again\/","title":{"rendered":"Rents Gain Again"},"content":{"rendered":"\n

Multifamily asking rent gains continued in January, rising $8 to a U.S. average of $1,604, according to the latest Yardi Matrix Multifamily National Report<\/a>.<\/p>\n\n\n\n

The latest gain defied normal seasonal expectations and continued a trend established last year, a historic period for multifamily asking rent growth. Year-over-year, rents increased 13.9 percent.<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

While rents are unlikely to remain in that growth range throughout 2022, January\u2019s performance is a sign that demand remains healthy. Some 460,000 multifamily units were absorbed in 2021, according to Yardi\u00ae Matrix data, more than double the previous year and more than 50 percent above the previous annual high.<\/p>\n\n\n\n

Absorption in 2021 was led by Dallas and Houston. Five of the next six highest performers were gateway metros Miami, New York, Chicago, Washington and Los Angeles, all of which absorbed some 20,000 units or more.<\/p>\n\n\n\n

Freddie Mac\u2019s 2022 multifamily outlook sums up the market: \u201cThe strong economic conditions along with unprecedented levels of demand for multifamily housing have combined to create robust apartment market conditions in 2021,\u201d the report said. \u201cWhile there are still uncertainties, such as increasing inflation or more transmissible variants of the COVID-19 virus … the multifamily market is expected to be on solid ground in the short term.\u201d<\/p>\n\n\n\n

Learn more in the latest Yardi Matrix Multifamily National Report.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Multifamily asking rent gains continued in January, rising $8 to a U.S. average of $1,604, according to the latest Yardi Matrix Multifamily National Report. The latest gain defied normal seasonal expectations and continued a trend established last year, a historic period for multifamily asking rent growth. Year-over-year, rents increased 13.9 percent. While rents are unlikely […]<\/p>\n","protected":false},"author":413,"featured_media":31225,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"yes","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2791],"tags":[29,1169],"class_list":["post-31217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-matrix","tag-multifamily","tag-yardi-matrix"],"acf":[],"yoast_head":"\nYardi Blog<\/title>\n<meta name=\"description\" content=\"Multifamily asking rent gains continued in January, rising $8 to a U.S. average of $1,604, according to the latest Yardi Matrix Multifamily National\" \/>\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.yardi.com\/blog\/rents-gain-again\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rents Gain Again\" \/>\n<meta property=\"og:description\" content=\"Multifamily asking rent gains continued in January, rising $8 to a U.S. average of $1,604, according to the latest Yardi Matrix Multifamily National\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardi.com\/blog\/rents-gain-again\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Blog\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-11T23:27:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-22T23:27:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2022\/02\/MF-Jan-report.png\" \/>\n\t<meta property=\"og:image:width\" content=\"680\" \/>\n\t<meta property=\"og:image:height\" content=\"451\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Leah Etling\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Leah Etling\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.yardi.com\/blog\/rents-gain-again\/\",\"url\":\"https:\/\/www.yardi.com\/blog\/rents-gain-again\/\",\"name\":\"Rents Gain Again - 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