Yardi Matrix's Aug 5, 2026 report shows US multifamily asking rents grew about 1% year-over-year through mid-2026 (0.7% in Q2), with a full-year 2026 forecast of just 1.4%—down from 2.6% in 2024. Oversupplied Sun Belt metros like Austin, Phoenix and Asheville face negative rent growth this year.
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Yardi Matrix: US apartment rents up just ~1% in H1 2026 as supply floods
Why this matters for founders
Founders relocating or hiring in-office in soft rental markets can lock in flat or falling rents for staff and live-work setups; landlords in oversupplied metros are negotiable on concessions.
Source: Yardi Matrix
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