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SFR

SFR (single-family resident) is currently the fastest growing sector in the rental market by value and number of households. Today, most renter households in the U.S. live in SFR units (25 million compared to about 18 million living in Multi-Family units, or MFRs), generating an estimated market value of over $4 trillion (compared to $ 3.7 trillion in MFR). And this trend is getting stronger, as SFRs have enjoyed the highest growth rate in the rental market in recent years. The vast majority of SFRs are owned and managed by private individuals or small investors, and there is a major growth potential in the middle-tier investor market.

GNR is among the 20 largest companies
operating in the SFR market in the US

The SFR market in numbers

Demand and growth potential

SFRs are considered a very stable rental source, with a high retention rate (approx. 70%, compared to MFR's 50-53%), as their residents tend to be more tied to the neighborhood and schools and are therefore less likely to leave in the short term.

Favorable demographic trends

The SFR market has been positively impacted by the COVID-19 pandemic, as it increased the already high demand for these units among the millennial generation, who in recent years has been from the city to the suburbs. This trend led to an increase in SFR prices, which reduced its cap rate to 5.9%.    

Profitability

Supply of SFRs is more abundant than of comparably sized MFRs. This market is particularly attractive for renters looking for larger houses (compared to the usually smaller MFR units).

SFR

SFR (single-family residential) is currently the fastest growing sector in the rental market by value and number of households. Today, most renter households in the U.S. live in SFR units (25 million compared to about 18 million living in Multi-Family units, or MFRs), generating an estimated market value of over $4 trillion (compared to $ 3.7 trillion in MFR). And this trend is getting stronger, as SFRs have enjoyed the highest growth rate in the rental market in recent years. The vast majority of SFRs are owned and managed by private individuals or small investors, and there is a major growth potential in the middle-tier investor market.

GNR is among the 20 largest companies
operating in the SFR market in the US

The SFR market in numbers

Demand & growth potential

SFRs are considered a very stable rental source, with a high retention rate (approx. 70%, compared to MFR's 50-53%), as their residents tend to be more tied to the neighborhood and schools and are therefore less likely to leave in the short term.

Favorable demographic trends

The SFR market has been positively impacted by the COVID-19 pandemic, as it increased the already high demand for these units among the millennial generation, who in recent years has been from the city to the suburbs. This trend led to an increase in SFR prices, which reduced its cap rate to 5.9%.    

Profitability

Supply of SFRs is more abundant than of comparably sized MFRs. This market is particularly attractive for renters looking for larger houses (compared to the usually smaller MFR units).

SFR

SFR (single-family residential) is currently the fastest growing sector in the rental market by value and number of households.

 

Today, most renter households in the U.S. live in SFR units (25 million compared to about 18 million living in Multi-Family units, or MFRs), generating an estimated market value of over $4 trillion (compared to $ 3.7 trillion in MFR).

 

And this trend is getting stronger, as SFRs have enjoyed the highest growth rate in the rental market in recent years. The vast majority of SFRs are owned and managed by private individuals or small investors, and there is a major growth potential in the middle-tier investor market.

GNR is among the 20 largest companies operating in the
SFR market in the US

The SFR market in numbers

Demand &
growth potential

SFRs are considered a very stable rental source, with a high retention rate (approx. 70%, compared to MFR's 50-53%), as their residents tend to be more tied to the neighborhood and schools and are therefore less likely to leave in the short term.

Favorable
demographic trends

The SFR market has been positively impacted by the COVID-19 pandemic, as it increased the already high demand for these units among the millennial generation, who in recent years has been from the city to the suburbs. This trend led to an increase in SFR prices, which reduced its cap rate to 5.9%.    

Profitability

Supply of SFRs is more abundant than of comparably sized MFRs. This market is particularly attractive for renters looking for larger houses (compared to the usually smaller MFR units).

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