Over the past 12 months, the leading rent growth markets spanned multiple regions, each exhibiting distinct strengths and characteristics.

The U.S. multifamily market finished 2025 with growing optimism and resilience. Investment volume accelerated to a three-year high, bolstered by greater interest rate clarity and the tightest cap rates across major real estate sectors.

The U.S. rental housing market remained strong and stable in 2025, spreading through the multifamily and single-family rentals sectors. Here’s a look at this year’s top articles from Arbor Realty Trust, in case you missed them.

The long-term outlook for small multifamily remains decisively positive, supported by attractive pricing and strong demand for market-rate housing.

As has been the case throughout this cycle, the top rent growth markets over the past 12 months represented several regions, all with varying strengths and characteristics.

The U.S. multifamily market demonstrated clear signs of stabilization during the third quarter of 2025, as supply imbalances eased and investment activity climbed.