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
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Cap rates
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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 11, 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 11, 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 11, 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 11, 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/
