List of Publicly Traded Apartment REITs
Comprehensive directory of the largest residential REITs specializing in multifamily and single-family rental properties across the United States.
Navigating the List of Publicly Traded Apartment REITs is essential for investors seeking reliable income from the U.S. residential housing market. In 2026, these entities manage a massive portfolio of multifamily and single-family rentals, providing liquidity to the otherwise illiquid real estate sector. To see how these firms compare to the broader market, you can explore our complete REIT directory or use our specialized apartment REIT comparison widget to track performance. These REITs are currently focusing on Sunbelt and West Coast markets to capture rent growth while managing supply headwinds from new construction. Whether looking for income or long-term appreciation, understanding FFO metrics and occupancy trends is key to analyzing this $193 billion sector.
Key Takeaways
AvalonBay (AVB) and Equity Residential (EQR) dominate the space, with trillions of dollars in assets under management. View the AvalonBay profile for deep-dive metrics.
Top-tier REITs maintain an average occupancy of 96.4%, with base rent growth holding steady at approximately 2.5% YOY despite new housing supply.
The sector has evolved beyond urban apartments to include single-family rental (SFR) leaders like Invitation Homes and manufactured housing giants like Sun Communities.
Apartment REITs currently offer an average dividend yield of 4.14%, making them a favorite for income-focused investors in the broader real estate sector.
Top List of Publicly Traded Apartment REITs by Market Cap (2026)
The following data represents the leading residential REITs by market valuation, dividend yield, and Funds From Operations (FFO) per share.
| Rank | Ticker | Company | Industry | Market Cap | Occupancy | FFO/Share | Div Yield |
|---|---|---|---|---|---|---|---|
| 1 | AVB | AvalonBay Communities | Multifamily | $27.31B | 96.0% | $10.50 | 4.0% |
| 2 | EQR | Equity Residential | Multifamily | $25.37B | 95.9% | $3.80 | 4.2% |
| 3 | INVH | Invitation Homes | Single-Family | $18.87B | 97.1% | $1.85 | 3.5% |
| 4 | ESS | Essex Property Trust | Multifamily | $17.65B | 96.2% | $15.02 | 3.9% |
| 5 | MAA | Mid-America Apartment | Multifamily | $17.12B | 95.5% | $8.90 | 4.4% |
| 6 | SUI | Sun Communities | Manufactured | $16.40B | 98.2% | $7.15 | 3.8% |
| 7 | UDR | UDR Inc. | Multifamily | $12.90B | 96.8% | $2.45 | 4.6% |
| 8 | AMH | American Homes 4 Rent | Single-Family | $12.10B | 96.5% | $1.68 | 2.8% |
| 9 | CPT | Camden Property Trust | Multifamily | $10.80B | 95.8% | $6.82 | 4.1% |
| 10 | ELS | Equity LifeStyle | Manufactured | $10.20B | 95.2% | $2.92 | 3.2% |
List of Publicly Traded Apartment REITs — Complete Company List
List of Publicly Traded Apartment REITs Listed on Major U.S. Exchanges
- List of Publicly Traded Real Estate Companies
- List of Publicly Traded REITs
- Apartment REIT Industry Comparison Widget
Apartment REITs: Large-Cap Stocks
- AvalonBay Communities, Inc. (AVB)
- Equity Residential (EQR)
- Essex Property Trust, Inc. (ESS)
- Mid-America Apartment Communities, Inc. (MAA)
Apartment REITs: Mid-Cap Stocks
- Apartment Investment and Management Company (AIV)
- Camden Property Trust (CPT)
- United Dominion Realty Trust, Inc. (UDR)
Apartment REITs: Small-Cap Stocks
- Independence Realty Trust, Inc. (IRT)
- NexPoint Residential Trust Inc. (NXRT)
- Preferred Apartment Communities, Inc. (APTS)
Apartment REITs: Micro-Cap Stocks
Risks & Considerations
Supply Headwinds
High levels of new apartment construction in certain markets, particularly the Sunbelt, can put downward pressure on rent growth and occupancy rates.
Interest Rate Sensitivity
As yield-focused investments, REIT prices often inversely correlate with interest rate movements, which also impact the cost of refinancing debt.
Regulatory Changes
Local rent control initiatives and changes to eviction laws can significantly impact the net operating income (NOI) of residential landlords.
Geographic Concentration
REITs focused on specific regions, such as the West Coast or urban centers, are vulnerable to regional economic shifts and migration patterns.