The multifamily rental households estimate reached an all-time high of 22.4 million in 2025. Annual growth rate remaining between 1.6% and 1.8% in each of the past three years. The net gain of 3.0 million multifamily households since 2020 is the most for a five-year period in more than 20 years.
Source: Arbor
Multifamily Market News 