San Francisco rent growth

Top Apartment Rent Growth Markets in 2026: What the May RealPage Leaders Reveal About Multifamily Demand

Top Apartment Rent Growth Markets in 2026: What the May RealPage Leaders Reveal About Multifamily Demand

Apartment rent growth is no longer spreading evenly across the country. RealPage’s May 2026 rent growth leaders show a sharply divided multifamily market where tech hubs, supply-constrained metros, and select Midwest markets are outperforming high-supply Sun Belt competitors. For apartment owners and property managers, the message is clear: when rents rise, resident expectations rise with them.