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RealPage Market Analytics

4th Quarter 2025 RealPage Forecast

RealPage forecasts national effective apartment rents growing about 1.9 percent in 2026 after a roughly 60 basis point decline in 2025, with approximately 316,000 units projected to deliver nationwide and an undersupply challenge re-emerging as new starts fall to their lowest level since 2012.

MultifamilyU.S. NationalSource
RealPage Market Analytics

11 Apartment Markets With Forecasted Rent Growth in 2026

RealPage identifies 11 of the 50 largest apartment markets expecting effective asking rent gains of 3 percent or more in 2026, led by Miami at 3.8 percent, Seattle at 3.7 percent and Los Angeles at 3.2 percent.

MultifamilyU.S. NationalMiamiSource
RealPage Market Analytics

3rd Quarter 2025 Multifamily Update

RealPage's third quarter update reports apartment occupancy easing 30 basis points to 95.4 percent, with strong resident retention offsetting cooling demand and reshaping multifamily strategy heading into 2026.

MultifamilyU.S. NationalSource