Built-for-rent housing may be the next big thing in multifamily living. It provides tenants more privacy than an apartment complex, with similar ease of care for landlords.

The housing market continues to be incredibly tight for home buyers, with just 2.7 months of available housing supply for sale as of November 2022, but it’s also not been a picnic for renters, who are fighting for units in an increasingly tightening (and expensive) market. Real estate investors have come up with a sort of middle ground solution to both of these issues: built-for-rent (BFR) housing. BFR has been getting a lot of attention lately, and for good reason.

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