Single-Family Rental Survey

Zelman's Single-Family Rental Survey delivers a monthly read on the SFR market, surveying a network of third-party property managers and internally managed owners, from small local portfolios to large multi-market operators.

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What the Single-Family Rental Survey Covers

Each month, Zelman surveys its SFR network about demand trends, pricing power, occupancy, turnover, demographic characteristics, homeownership dynamics, rental supply, operating expenses, investor appetite and other topical items.

The survey's time series allows for relevant historical comparisons that are highly correlated to public single-family REIT fundamentals and operating results. SFR has emerged as a distinct institutional asset class, and the survey captures the operating and capital-flow signals that define its performance ahead of public disclosures.

Who Uses the Single-Family Rental Survey and Why It Matters

The survey supports investors and operators who need current, operator-level insight into SFR fundamentals.

  • REIT and private-market investors analysing occupancy, rent growth and expense trends.

  • SFR operators and property managers benchmarking performance against the wider market.

  • Capital allocators gauging investor appetite, supply and acquisition dynamics.

Because SFR fundamentals reflect both rental demand and the affordability of homeownership, the survey's high correlation to public REIT results helps stakeholders anticipate shifts in rent growth, occupancy and capital flows across a fast-evolving asset class.

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