What is yardi matrix rent survey?

What is Yardi Matrix Rent Survey?

The Yardi Matrix Rent Survey is a research service provided by Yardi Systems, Inc., a company that develops software for real estate investment management and property management. The Yardi Matrix Rent Survey specifically focuses on analyzing residential apartment rents across various markets in the United States. It collects, verifies, and reports rental data on a monthly basis, covering metrics such as average rents, occupancy rates, and rent growth trends for different types of rental properties, including multifamily apartment buildings.

The survey's data is used by investors, property managers, real estate professionals, and analysts to understand market dynamics, compare property performance, and make informed decisions about investments, development, and management strategies. The Yardi Matrix Rent Survey is known for its comprehensive coverage, including detailed information on individual properties such as amenities, unit mix, and ownership, which makes it a valuable tool for in-depth market analysis.