City Guides
Tier-1 multifamily city snapshots
Market snapshots for top multifamily metros with typical cap-rate and rent-per-unit context.
Albuquerque, NM
Detailed financing snapshot for Albuquerque, New Mexico multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 6.3% · Median $/unit $142,000
Atlanta, GA
Detailed financing snapshot for Atlanta, GA multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.2% · Median $/unit $164,000
Austin, TX
Detailed financing snapshot for Austin, Texas multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.1% · Median $/unit $198,000
Baltimore, MD
Detailed financing snapshot for Baltimore, Maryland multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 6.0% · Median $/unit $168,000
Boise, ID
Detailed financing snapshot for Boise, Idaho multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.2% · Median $/unit $228,000
Boston, MA
Detailed financing snapshot for Boston, Massachusetts multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 4.2% · Median $/unit $385,000
Buffalo, NY
Detailed financing snapshot for Buffalo, New York multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 6.6% · Median $/unit $118,000
Charlotte, NC
Detailed financing snapshot for Charlotte, NC multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.3% · Median $/unit $171,000
Chicago, IL
Detailed financing snapshot for Chicago, Illinois multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.5% · Median $/unit $185,000
Cincinnati, OH
Detailed financing snapshot for Cincinnati, Ohio multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 6.4% · Median $/unit $138,000
Columbus, OH
Detailed financing snapshot for Columbus, Ohio multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.7% · Median $/unit $138,000
Dallas, TX
Detailed financing snapshot for Dallas, TX multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.4% · Median $/unit $152,000
Denver, CO
Detailed financing snapshot for Denver, Colorado multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.0% · Median $/unit $228,000
Detroit, MI
Detailed financing snapshot for Detroit, Michigan multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 7.2% · Median $/unit $95,000
El Paso, TX
Detailed financing snapshot for El Paso, Texas multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 7.0% · Median $/unit $108,000
Fresno, CA
Detailed financing snapshot for Fresno, California multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.8% · Median $/unit $198,000
Hartford, CT
Detailed financing snapshot for Hartford, Connecticut multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.3% · Median $/unit $198,000
Houston, TX
Detailed financing snapshot for Houston, Texas multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.6% · Median $/unit $142,000
Indianapolis, IN
Detailed financing snapshot for Indianapolis, Indiana multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 6.0% · Median $/unit $122,000
Jacksonville, FL
Detailed financing snapshot for Jacksonville, Florida multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.4% · Median $/unit $155,000
Kansas City, MO
Detailed financing snapshot for Kansas City, Missouri multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 6.2% · Median $/unit $142,000
Las Vegas, NV
Detailed financing snapshot for Las Vegas, Nevada multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.5% · Median $/unit $168,000
Los Angeles, CA
Detailed financing snapshot for Los Angeles, California multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 4.0% · Median $/unit $425,000
Louisville, KY
Detailed financing snapshot for Louisville, Kentucky multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 6.5% · Median $/unit $128,000
Memphis, TN
Detailed financing snapshot for Memphis, Tennessee multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 6.8% · Median $/unit $112,000
Miami, FL
Detailed financing snapshot for Miami, Florida multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 4.6% · Median $/unit $245,000
Milwaukee, WI
Detailed financing snapshot for Milwaukee, Wisconsin multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 6.1% · Median $/unit $152,000
Minneapolis, MN
Detailed financing snapshot for Minneapolis, Minnesota multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.4% · Median $/unit $198,000
Nashville, TN
Detailed financing snapshot for Nashville, Tennessee multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.3% · Median $/unit $185,000
Oklahoma City, OK
Detailed financing snapshot for Oklahoma City, Oklahoma multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 6.9% · Median $/unit $118,000
Omaha, NE
Detailed financing snapshot for Omaha, Nebraska multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.9% · Median $/unit $158,000
Orlando, FL
Detailed financing snapshot for Orlando, Florida multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.2% · Median $/unit $178,000
Philadelphia, PA
Detailed financing snapshot for Philadelphia, Pennsylvania multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.2% · Median $/unit $215,000
Phoenix, AZ
Detailed financing snapshot for Phoenix, AZ multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.0% · Median $/unit $188,000
Pittsburgh, PA
Detailed financing snapshot for Pittsburgh, Pennsylvania multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.8% · Median $/unit $168,000
Portland, OR
Detailed financing snapshot for Portland, Oregon multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 4.9% · Median $/unit $215,000
Providence, RI
Detailed financing snapshot for Providence, Rhode Island multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.0% · Median $/unit $248,000
Raleigh, NC
Detailed financing snapshot for Raleigh, North Carolina multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.1% · Median $/unit $192,000
Richmond, VA
Detailed financing snapshot for Richmond, Virginia multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.5% · Median $/unit $195,000
Sacramento, CA
Detailed financing snapshot for Sacramento, California multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 4.8% · Median $/unit $268,000
Salt Lake City, UT
Detailed financing snapshot for Salt Lake City, Utah multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.2% · Median $/unit $198,000
San Antonio, TX
Detailed financing snapshot for San Antonio, Texas multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.8% · Median $/unit $128,000
San Diego, CA
Detailed financing snapshot for San Diego, California multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 4.3% · Median $/unit $395,000
San Francisco, CA
Detailed financing snapshot for San Francisco, California multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 3.8% · Median $/unit $520,000
San Jose, CA
Detailed financing snapshot for San Jose, California multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 3.9% · Median $/unit $485,000
Seattle, WA
Detailed financing snapshot for Seattle, Washington multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 4.5% · Median $/unit $285,000
St. Louis, MO
Detailed financing snapshot for St. Louis, Missouri multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 6.7% · Median $/unit $118,000
Tampa, FL
Detailed financing snapshot for Tampa, FL multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 4.9% · Median $/unit $198,000
Tucson, AZ
Detailed financing snapshot for Tucson, Arizona multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 5.6% · Median $/unit $168,000
Washington, DC
Detailed financing snapshot for Washington, District of Columbia multifamily assets (5+ units), including underwriting and execution guidance.
Typical cap rate 4.5% · Median $/unit $365,000
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