{"id":1015430,"date":"2026-10-29T18:13:13","date_gmt":"2026-10-29T22:13:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/apartments-com-releases-multifamily-rent-growth-report-for-october-2026\/"},"modified":"2026-10-29T18:13:13","modified_gmt":"2026-10-29T22:13:13","slug":"apartments-com-releases-multifamily-rent-growth-report-for-october-2026","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/apartments-com-releases-multifamily-rent-growth-report-for-october-2026\/","title":{"rendered":"Apartments.com Releases Multifamily Rent Growth Report for October 2026"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Apartments.com Releases Multifamily Rent Growth Report for October 2026<\/b><\/p>\n<p class=\"bwalignc\"><i>National monthly rent growth slightly negative in October even as annual growth improves<\/i><\/p>\n<p>ARLINGTON, Va.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nToday <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.apartments.com&amp;esheet=54631228&amp;newsitemid=20261029995599&amp;lan=en-US&amp;anchor=Apartments.com&amp;index=1&amp;md5=52fa9d53969a50dae1c3adc76ccff8e4\">Apartments.com<\/a>, an industry-leading online marketplace of CoStar Group, Inc. (NASDAQ: CSGP), published its latest report on multifamily rent trends for October 2026.<\/p>\n<p>\nU.S. apartment rents were slightly negative in October, with the national average falling -0.15% to $1,749 from September&#8217;s level of $1,752. This marked a second consecutive month of modest declines following nine months of positive to flat rent increases. On an annual basis, rent growth accelerated to +1.6% in October 2026 from +1.5% in September and was up from the +0.9% reading recorded one year earlier.<\/p>\n<p>\nThe September 2026 national average was initially reported as $1,752 and a -0.08% month-over-month decrease and has been revised upward to $1,753 and -0.06%.<\/p>\n<p>\nWhile apartment rent growth typically slows in the fall leasing season, rents have held relatively steady this fall, suggesting the market is beginning to find its footing after more pronounced seasonal declines over the past two years. The -0.15% month-over-month decline in October was milder than the -0.25% decline recorded in October 2025 and similar to the -0.13% decline in October 2024. Annual rent growth also continues to trend higher, though elevated supply levels remain a constraint on pricing momentum nationally.<\/p>\n<p>\nRegional monthly rent changes remained modest in October, while annual growth was positive across all five regions. Monthly declines were most pronounced in the Mountain region, down -0.4%, followed by the South at -0.3% and the Pacific at -0.2%. The Northeast and Midwest each recorded smaller -0.1% declines. On an annual basis, regional performance remained uneven. The Pacific, Northeast and Midwest recorded the strongest year-over-year rent growth, at +2.6%, +2.4% and +2.3%, respectively. Annual rent growth remained subdued in the South.<\/p>\n<p>\nThe Mountain region recorded the slowest annual rent growth at +0.2%, though it returned to positive territory after posting a decline in September. Performance across Western markets continues to diverge, with supply-heavy Mountain metropolitan areas facing greater pressure than more supply-constrained Pacific markets.<\/p>\n<p>\nMonthly rent growth remained limited across the top 50 markets in October, though most changes were modest. Just 1 market posted a month-over-month increase, 7 had unchanged rents and 42 recorded declines when rounded to one decimal place. Norfolk led monthly rent growth with a +0.2% increase. The largest monthly declines were recorded in Louisville at -0.7%, followed by Denver, Austin and Seattle at -0.6% each. Las Vegas, Salt Lake City, San Antonio, Charlotte and Boston also posted declines of roughly -0.4% to -0.5%.<\/p>\n<p>\nAnnual rent growth continued to broaden in October, with the number of top 50 markets posting declines falling to just 11. Raleigh, Atlanta and Austin were among the markets that moved into positive territory. San Francisco continued to outperform, posting rent growth of +12.9%, followed by San Jose at +8.4%, East Bay at +6.3% and Norfolk at +5.5%. Markets experiencing the largest supply-demand imbalance remained under pressure, led by Las Vegas with a -1.9% annual decline and San Antonio at -1.8%. Houston and Orlando followed at -0.8%, while Charlotte declined -0.7%, reflecting that new supply continues to outpace demand in these markets.<\/p>\n<p>\nAlthough monthly rents edged lower across all five regions in October, annual growth strengthened and remained positive in each region. Together with the relatively modest national decline, the results suggest the apartment market is holding up better this fall than during the past two years. Performance continues to vary widely and remains closely tied to local supply conditions, while a substantial, though gradually easing, inventory overhang continues to moderate rent growth nationally.<\/p>\n<p><b>About CoStar Group<\/b><\/p>\n<p>\nCoStar Group (NASDAQ: CSGP) is a leading global provider of online real estate marketplaces, information, analytics, and digital twins in the property markets. Founded in 1986, CoStar Group is dedicated to digitizing the world\u2019s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.<\/p>\n<p>\nCoStar Group\u2019s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fapartments.com&amp;esheet=54631228&amp;newsitemid=20261029995599&amp;lan=en-US&amp;anchor=Apartments.com&amp;index=2&amp;md5=2364b02d54476119d564ba734b5de976\"> Apartments.com<\/a>, the leading platform for apartment rentals;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fhomes.com&amp;esheet=54631228&amp;newsitemid=20261029995599&amp;lan=en-US&amp;anchor=Homes.com&amp;index=3&amp;md5=72887f1936e02981a3b23bf2590bb5ce\"> Homes.com<\/a>, the fastest-growing residential real estate marketplace; and Domain, one of Australia\u2019s leading property marketplaces.<\/p>\n<p>\nCoStar Group\u2019s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Zonda, a leading provider of data, analytics, software, and marketplace solutions for the residential construction industry; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.<\/p>\n<p>\nCoStar Group\u2019s websites attracted 121 million average monthly unique visitors in the third quarter of 2026, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fcostargroup.com&amp;esheet=54631228&amp;newsitemid=20261029995599&amp;lan=en-US&amp;anchor=CoStarGroup.com&amp;index=4&amp;md5=cff5f71ee1d82ea97187d4a687dc9581\">CoStarGroup.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20261029995599r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20261029995599\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20261029995599\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact:<br \/>\n<\/b><br \/>Matthew Blocher<br \/>\n<br \/>CoStar Group<br \/>\n<br \/>(202) 346-6775<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mblocher@costar.com\">mblocher@costar.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Virginia United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Online Retail Retail Data Analytics Residential Building &amp; Real Estate Construction &amp; Property<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20261029995599\/en\/2952012\/3\/COSTAR_BW_LOGO.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Apartments.com Releases Multifamily Rent Growth Report for October 2026 National monthly rent growth slightly negative in October even as annual growth improves ARLINGTON, Va.&#8211;(BUSINESS WIRE)&#8211; Today Apartments.com, an industry-leading online marketplace of CoStar Group, Inc. (NASDAQ: CSGP), published its latest report on multifamily rent trends for October 2026. U.S. apartment rents were slightly negative in October, with the national average falling -0.15% to $1,749 from September&#8217;s level of $1,752. This marked a second consecutive month of modest declines following nine months of positive to flat rent increases. On an annual basis, rent growth accelerated to +1.6% in October 2026 from +1.5% in September and was up from the +0.9% reading recorded one year earlier. The September 2026 national average was &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/apartments-com-releases-multifamily-rent-growth-report-for-october-2026\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Apartments.com Releases Multifamily Rent Growth Report for October 2026&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1015430","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Apartments.com Releases Multifamily Rent Growth Report for October 2026 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/apartments-com-releases-multifamily-rent-growth-report-for-october-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Apartments.com Releases Multifamily Rent Growth Report for October 2026 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Apartments.com Releases Multifamily Rent Growth Report for October 2026 National monthly rent growth slightly negative in October even as annual growth improves ARLINGTON, Va.&#8211;(BUSINESS WIRE)&#8211; Today Apartments.com, an industry-leading online marketplace of CoStar Group, Inc. (NASDAQ: CSGP), published its latest report on multifamily rent trends for October 2026. U.S. apartment rents were slightly negative in October, with the national average falling -0.15% to $1,749 from September&#8217;s level of $1,752. This marked a second consecutive month of modest declines following nine months of positive to flat rent increases. On an annual basis, rent growth accelerated to +1.6% in October 2026 from +1.5% in September and was up from the +0.9% reading recorded one year earlier. 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(NASDAQ: CSGP), published its latest report on multifamily rent trends for October 2026. U.S. apartment rents were slightly negative in October, with the national average falling -0.15% to $1,749 from September&#8217;s level of $1,752. This marked a second consecutive month of modest declines following nine months of positive to flat rent increases. On an annual basis, rent growth accelerated to +1.6% in October 2026 from +1.5% in September and was up from the +0.9% reading recorded one year earlier. The September 2026 national average was &hellip; Continue reading \"Apartments.com Releases Multifamily Rent Growth Report for October 2026\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/apartments-com-releases-multifamily-rent-growth-report-for-october-2026\/","og_site_name":"Market Newsdesk","article_published_time":"2026-10-29T22:13:13+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20261029995599r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/apartments-com-releases-multifamily-rent-growth-report-for-october-2026\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/apartments-com-releases-multifamily-rent-growth-report-for-october-2026\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Apartments.com Releases Multifamily Rent Growth Report for October 2026","datePublished":"2026-10-29T22:13:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/apartments-com-releases-multifamily-rent-growth-report-for-october-2026\/"},"wordCount":885,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/apartments-com-releases-multifamily-rent-growth-report-for-october-2026\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20261029995599r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/apartments-com-releases-multifamily-rent-growth-report-for-october-2026\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/apartments-com-releases-multifamily-rent-growth-report-for-october-2026\/","name":"Apartments.com Releases Multifamily Rent Growth Report for October 2026 - 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