Multifamily Reports

Apartment Update®

Mid-Year 2026 National Multifamily Report

Download our latest national report or download a local market report below.

Berkadia Research provides comprehensive multifamily market reports, focusing on apartment fundamentals that include supply, demand, rent, and occupancy as well as demographic and employment trends. We provide valuable insights that empower commercial real estate investors to make informed decisions regarding acquisition and disposition strategies as well as methods of financing.

MID-YEAR 2026 MULTIFAMILY REPORTS

Berkadia is excited to announce the official release of our National Multifamily Market Report for Mid-Year 2026 plus more than 60 individual market reports from across the country!

These market reports will provide you with valuable insights on the latest multifamily and demographic trends to help you better navigate the current economic landscape and set your strategy for the remainder of this year.

National Themes:

  • In Q2 2026, 56.1% of renters renewed their leases, the highest level in four years.
  • The apartment construction supply wave peaked in 2024, with the pace of deliveries lessening over the last four quarters.
  • Monthly effective rent advanced 1.3% year over year to an average of $1,894 in Q2 2026.
  • Apartment occupancy averaged 95.5% in Q2 2026, 10 basis points higher than the five-year average.
Close