Residential REITs own and manage various forms of residences and rent space in those properties to tenants. Residential REITs include REITs that specialize in apartment buildings, student housing, manufactured homes and single-family homes. Within those market segments, some residential REITs also focus on specific geographical markets or classes of properties.

Who Invests in Residential REITs?

Approximately 170 million Americans live in households that invest in REITs. With their historically competitive total returns and comparatively low correlation with other assets make them an attractive addition and diversifier for many Americans’ portfolios.

How to Invest in Residential REITs

There are 19 residential REITs listed on the FTSE Nareit US Real Estate Indexes. Many investors acquire shares in these REITs via REIT mutual funds or exchange-traded funds (ETFs), but individuals can also invest directly in a REIT with the help of a broker.

Overview

1/31/2024, Source: FTSE
Number of REITs
19
Dividend Yield
3.80%
YTD Total Return
-4.26%
January Total Return
-4.26%
2023 Total Return
7.66%

Quarterly Data

Source: Nareit T-Tracker
Q3 2023 2023
FFO ($M) $2,728 $7,980
NOI ($M) $3,808 $11,140
Dividends paid ($M) $1,727 $4,966
SS NOI 4.27%

List of Residential

1 Year Total Return Stock price
Aimco
AIV | Denver United States | Residential
2.02%
$8.09
AMH
AMH | Calabasas United States | Residential
9.98%
$35.51
Apartment Income REIT Corp.
AIRC | Denver United States | Residential
13.52%
$38.40
AvalonBay Communities, Inc.
AVB | Arlington United States | Residential
11.79%
$186.87
Bluerock Homes Trust, Inc.
BHM | New York United States | Residential
-5.53%
$16.59
Boardwalk REIT
BEI-UN.TO | Calgary Canada | Residential
24.32%
$53.89