Multifamily homes in the United States

Statistics report about the U.S. multifamily housing market

This report presents a range of statistics and facts on multifamily housing in the United States. Multifamily homes include apartment buildings, condominiums, townhouses, duplexes, triplexes, quadruplexes and mixed-use buildings with commercial and/or office space in addition to residential space. Build to Rent (B2R) is the term commonly used in the UK for multifamily housing.

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Table of contents

Overview

7
  • Premium Statistic Leading apartment owners in the U.S. 2025, by units owned
  • Premium Statistic Median monthly apartment rent in the U.S. 2017-2026, by apartment size
  • Premium Statistic Year-on-year apartment rent change in the U.S. 2018-2026, by month
  • Premium Statistic Multifamily net absorption in the U.S. from 2010 to H1 2024
  • Premium Statistic Multifamily vacancy rate in the U.S. 2010-2025, per quarter
  • Premium Statistic Average cost per vacated multifamily property U.S. 2022-2023, by cost driver
  • Premium Statistic Median size of multifamily housing units in the U.S. 2000-2025

Construction

7
  • Premium Statistic Real estate development prospects in the U.S. 2017-2026, by property type
  • Premium Statistic Value of multifamily construction put in place U.S. 2005-2024, with forecasts to 2029
  • Premium Statistic Volume of multifamily housing units completed in the U.S. 1972-2024
  • Premium Statistic Number of multifamily building permits in the U.S. 2000-2025
  • Premium Statistic Multifamily house starts in the U.S. 1980-2025, with forecasts until 2027
  • Premium Statistic Residential construction costs in the U.S. Q1 2026, by city
  • Premium Statistic Number of office conversion projects in the U.S. 2023, by property type

Investors' perspective

6
  • Premium Statistic Recommendations to buy, hold or sell a multifamily property in the U.S. 2024, by city
  • Premium Statistic Multifamily real estate repeat sales index in the U.S. 2000-2024, by region
  • Premium Statistic Multifamily real estate repeat sales index in the U.S. 1996-2025
  • Premium Statistic Multifamily real estate cap rates in the U.S. 2012-2023 with a forecast until 2026
  • Premium Statistic Commercial property investment prospects in the U.S. 2017-2026
  • Basic Statistic Multifamily real estate investment in the U.S. 2019-2025

Leading markets

6
  • Premium Statistic U.S. cities with highest rents for one bedroom apartments in 2026
  • Premium Statistic Yoy growth of multifamily rents in the 50 largest metros in the U.S. 2025
  • Premium Statistic Multifamily markets with the highest net absorption in the U.S. in 2024
  • Premium Statistic Multifamily markets with the highest value of investment in the U.S. as of Q2 2024
  • Premium Statistic Leading metro areas' commercial building and housing construction starts U.S. 2024
  • Premium Statistic Multifamily vacancy rate in the U.S. 2025, by market

Mortgages and financing

8
  • Premium Statistic Commercial/multifamily mortgage originations index U.S. 2020-2025, by property type
  • Basic Statistic Mortgage debt outstanding on multifamily residences in the U.S. 2001-2025
  • Premium Statistic Largest multifamily lenders by lending volume in the U.S. 2023
  • Premium Statistic Multifamily lending volume in the U.S. 2005-2023
  • Premium Statistic Multifamily real estate delinquency rate in the U.S. 2020-2024
  • Premium Statistic Value of multifamily debt originations in the U.S. 2011-2024, per quarter
  • Premium Statistic Value of multifamily loan maturities in the U.S. 2024-2023, by lender type
  • Premium Statistic Value of multifamily loan maturities in the U.S. 2024-2026, by origination period
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