Multifamily Reports
Apartment Update®
Q1 2026 National Multifamily Report
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.
Q1 2026 MULTIFAMILY REPORTS
Berkadia is excited to announce the official release of our National Multifamily Market Report for Q1 2026 plus 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:
- Apartment leasing remained healthy over the last four quarters with nearly 303,400 net units absorbed, shifting slightly below the prior 10-year average.
- Apartment deliveries continue to decline with more than 366,800 units delivered in the last four quarters, down 36.7% year over year.
- Healthy housing demand combined with a rise in lease renewals led to an average apartment occupancy rate of 94.9% in the first quarter of 2026.
- The favorable conditions led to monthly effective rent advancing 1.7% in the last four quarters, accelerating from 1.2% growth during the prior year.