Mid-Atlantic Multifamily Real Estate Market Reports

Despite government-related labor market concerns in the Washington metro area, the Mid-Atlantic region continues to register low levels of unemployment. Separately, the Federal Reserve has lowered interest rates twice in recent months, though they remain elevated. These issues, combined with a still challenging single-family homebuyers’ market continue to drive demand for multifamily units across the region. All four Mid-Atlantic markets had occupancy above 95% as of the third quarter of 2025, though rental rate growth slowed quarter-over-quarter. The Washington, DC metro is the largest Mid-Atlantic market by a significant margin, with more than 700,000 units of inventory. It also continues to achieve the highest effective rents with an average rate of $2,233 per unit as of the third quarter of 2025.