Multifamily Market Statistics

Understanding the multifamily market is crucial for recognizing the vast opportunities available. Here, we present key statistics about the multifamily industry in the United States, backed by reliable sources.


Total Number of Apartment Communities

The United States is home to over 21 million apartment units spread across approximately 122,000 professionally managed apartment communities. This vast number highlights the extensive market potential for cleaning services within multifamily properties.

Source: National Multifamily Housing Council (NMHC)

Average Number of Units per Community

On average, each apartment community comprises around 200 units. This density presents a substantial opportunity for cleaning professionals, as maintaining and servicing these units requires consistent, reliable cleaning services.

Source: Statista - Average Size of Multifamily Buildings

Average Turnover Rate

The turnover rate in multifamily communities is typically around 50% annually. This means that half of all apartment units will have new tenants each year, necessitating frequent turnover cleaning to ensure units are ready for new residents. This high turnover rate drives continuous demand for professional cleaning services.

Source: National Apartment Association (NAA)

Growth of the Multifamily Market

The multifamily housing sector has seen significant growth over the past few years. According to industry reports, there has been a steady increase in the development of new apartment communities and an uptick in rental demand. This growth trend is expected to continue, driven by factors such as urbanization, housing affordability challenges, and demographic shifts favoring rental living.

Source: CBRE - U.S. Multifamily Housing Market Outlook

These statistics underscore the robust and growing nature of the multifamily market, providing ample opportunities for cleaning professionals to expand their businesses and achieve substantial revenue growth.