Valyte Research
Multifamily REITs: valuation and quality comparison
Compare the valuation and operating quality of selected apartment REITs. Read valuation scores alongside same-store NOI growth, leverage, and the rating methodology.
Published by Valyte using the ratings-2026-09-10 methodology. These quantitative summaries are generated from the published ratings data.
Ratings calculated . Financial data year: 2025. Reporting periods and price dates can differ by company.
This selected public sample contains 4 companies. It is not a ranking or statistic for the whole sector.
| Company | Score | Valuation | Quality | NOI growth | Leverage |
|---|---|---|---|---|---|
| UDR UDR | 71 / 100 strong | 77 | 63 | 1.20% | 27.20% |
| CPT Camden Property Trust | 60 / 100 neutral | 60 | 60 | -0.50% | 21.00% |
| IRT Independence Realty Trust | 58 / 100 neutral | 52 | 66 | 1.70% | 34.60% |
| ESS Essex Property Trust | 47 / 100 neutral | 29 | 70 | 3.20% | 29.00% |
How to read this comparison
Compare valuation and quality together. A high valuation score can coexist with weak operating quality. Different scores can reflect different assets, financing, or valuation assumptions.
Reporting periods can differ across these companies. The company pages list available periods and price dates; compare equivalent periods and definitions before drawing conclusions about sector trends.