Cap rates in the U.S. multifamily real estate sector have increased significantly since 2021, reflecting a rise in borrowing costs. In 2023, the average multifamily cap rate was 5.96 percent, up 3.82 percent in 2021, when it was at its low. By 2026, the average multifamily cap rate is forecast to decline slightly, to 5.31 percent.
Multifamily real estate capitalization rates in the United States from 2012 to 2023 with a forecast until 2026, by property type
Characteristic
Cap rates
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
CBRE Group. (December 12, 2023). Multifamily real estate capitalization rates in the United States from 2012 to 2023 with a forecast until 2026, by property type [Graph]. In Statista. Retrieved September 05, 2024, from https://www.statista.com/statistics/1484309/us-multifamily-property-cap-rates/
CBRE Group. "Multifamily real estate capitalization rates in the United States from 2012 to 2023 with a forecast until 2026, by property type." Chart. December 12, 2023. Statista. Accessed September 05, 2024. https://www.statista.com/statistics/1484309/us-multifamily-property-cap-rates/
CBRE Group. (2023). Multifamily real estate capitalization rates in the United States from 2012 to 2023 with a forecast until 2026, by property type. Statista. Statista Inc.. Accessed: September 05, 2024. https://www.statista.com/statistics/1484309/us-multifamily-property-cap-rates/
CBRE Group. "Multifamily Real Estate Capitalization Rates in The United States from 2012 to 2023 with a Forecast until 2026, by Property Type." Statista, Statista Inc., 12 Dec 2023, https://www.statista.com/statistics/1484309/us-multifamily-property-cap-rates/
CBRE Group, Multifamily real estate capitalization rates in the United States from 2012 to 2023 with a forecast until 2026, by property type Statista, https://www.statista.com/statistics/1484309/us-multifamily-property-cap-rates/ (last visited September 05, 2024)
Multifamily real estate capitalization rates in the United States from 2012 to 2023 with a forecast until 2026, by property type [Graph], CBRE Group, December 12, 2023. [Online]. Available: https://www.statista.com/statistics/1484309/us-multifamily-property-cap-rates/