multifamily Multifamily Cap Rates 2026: Why Sun Belt Apartments Are Finally Repriced — and the Three Markets Still Mispriced The Sun Belt apartment trade — buy class-A garden-style apartments at 4.5% cap, ride 5-6% rent growth, refinance into permanent debt — broke in 2023. The repricing finally completed in Q2 2026. Three regional markets are still mispriced.
Indianapolis Indianapolis Multifamily Cap Rates Reach 7% in 2026 Indianapolis multifamily cap rates reached 7.0% in Q1 2026, attracting value-focused investors as coastal metros compress below 5.5%.
cap rates Rental Cap Rates Compress in Major Metros as Demand Holds Prime stabilized multifamily cap rates compressed 15 basis points in six top metros during the first quarter as investor demand firmed.
