Voyager Suite
Breeze
Virtuoso
Investment Suite
RentCafe
CommercialCafe Suite
Elevate Suite
Procure to Pay Suite 
Energy Suite
Aspire
RightSource
Care Suite
Matrix
WorkCafe
Yardi Kube Suite
ScreeningWorks Pro 
Yardi Corom
A new Yardi Matrix report provides insight into U.S. multifamily market performance. Data shows that this sector is achieving moderate but steady gains in average advertised rents while absorbing high levels of supply and remaining alert to potential challenges.
The average U.S. advertised rent increased by $5 in April 2025, reaching $1,736, with the Northeast and Midwest regions recording the highest levels of growth. While the national occupancy rate declined to its lowest point in more than a decade, strong job growth and fewer renters moving into homes have helped maintain healthy absorption of supply.
High for-sale house prices and mortgage rates have also spurred rental demand, with existing home sales dropping by 5.9% in March to reach the slowest pace since the 2009 crisis.
While multifamily market fundamentals remain healthy, the economic uncertainty caused by tariffs could challenge the market, as weaker economic growth could offset the supply slowdown anticipated in the coming years. This could produce a decrease in multifamily demand that could delay rent growth recovery.
Concerns over tariffs and the economic outlook also weighed on investors, as all but $1.5 billion of the $16.5 billion of planned commercial mortgage-backed security transactions sat on the sidelines in April.
Read the full national multifamily market performance report from Yardi Matrix for more insight into the U.S. multifamily industry.
