Manufactured Housing Rent Growth Slows to 6.2% but Still Beats Apartments
Marcus & Millichap reports that manufactured housing rents in large markets grew 6.2% in 2026, roughly twice the pace of apartments.
Key facts
- In Marcus & Millichap's data, rent growth in large markets with more than 5,000 homesites came in at an average of 6.2%, down from 7.9% in 2025.
- Apartment rents have grown by less than 3% a year since 2023, according to Marcus & Millichap data cited by Institutional Real Estate.
- National vacancy sat near 5%. Orlando rents climbed 22.8%, while San Antonio vacancy rose 980 basis points from a year earlier.
- Sales activity through August topped the full-year totals of 2023 and 2024, and private buyers supplied about 75% of dollar volume.
- Cap rates averaged close to 7% nationwide.
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Source: Manufactured Housing Rents Rise 6.2%, Outpacing Apartments — CRE Daily, October 20, 2026. Summary and commentary by RISE Community; read the full story at the source.
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