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Analysis

Single-Family Rentals Are Having A Moment

During the pandemic, occupancy rates have hit generational records, putting upward pressure on rents.

“The single-family rental sector is having its moment,” Arbor said in its newly-released Q3 2020 Single-Family Rental Investment Trends Report. The pandemic could have either disrupted the single-family housing momentum by hampering rents and migration, or—as it actually happened—boosted outward migration and demand for single-family homes. Rent collections have remained stable, new demand has hit generational records and rents have seen upward pressure, according to the report, all good news for the future of the single-family rental market.

In the third quarter of 2020, single-family rentals had an average 95.3% occupancy rating, a 100 basis point increase from the first quarter of the year. This is the highest occupancy rate since 1994 for single-family rentals.

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Kelsi Maree Borland

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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