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.
Atlanta Atlanta Becomes Top Market for Out-of-State Migration Atlanta led U.S. metros for net domestic in-migration in 2025, receiving 58,000 more arrivals than departures according to Census Bureau estimates.
sun belt Sun Belt Cities Lead Price Growth in 2026 Q1 Sun Belt metros dominated first-quarter 2026 price-growth rankings, with Raleigh, Tampa, and Charlotte posting year-over-year gains above 6%.
