Apartments.com lifts US multifamily rent growth forecast for H2 2026
CSGP•Risks and offsets in the housing market
Key risks flagged include elevated energy prices and slower labor force growth.
Offsets include undersupplied housing and a slowing construction pipeline.
CoStar raises rent growth outlook for late 2026
CoStar raised its US multifamily rent growth outlook for 2H 2026, citing stronger employment assumptions and tighter conditions.
- Rent growth forecast lifted to 1.4% in Q3 2026 from 0.8% in Q2.
- Q4 was revised to 1.9% from 0.5%.
Vacancy forecast remains elevated but improves gradually
National multifamily vacancy is projected at 8.2% by the end of 2026, easing to 8.1% by the end of 2027.
Stabilized vacancy is expected to remain flat through the end of 2026, then rise modestly in early 2027 as excess inventory is absorbed.
