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 150 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 an office REIT with the help of a broker.

Overview

4/30/2023, Source: FTSE
Number of REITs
19
Dividend Yield
3.52%
YTD Total Return
6.27%
April Total Return
4.15%
2022 Total Return
-31.34%

Quarterly Data

Source: Nareit T-Tracker
Q4 2022 2022
FFO ($M) $2,509 $10,034
NOI ($M) $3,620 $14,398
Dividends paid ($M) $1,523 $6,264
SS NOI 10.13%

List of Residential REITs

1 Year Total Return Stock price
Aimco
AIV | Denver United States | Residential REITs
39.99%
As of market close 06/08/2023
$8.66
Aimco
AIV | Denver United States | Residential REITs
Not available
$0.00
AMH
AMH | Calabasas United States | Residential REITs
-3.71%
As of market close 06/08/2023
$35.09
Apartment Income REIT Corp.
AIRC | Denver United States | Residential REITs
-12.31%
As of market close 06/08/2023
$36.09
AvalonBay Communities, Inc.
AVB | Arlington United States | Residential REITs
-5.43%
As of market close 06/08/2023
$183.07
Boardwalk REIT
BEI-UN.TO | Calgary Canada | Residential REITs
17.66%
As of market close 06/08/2023
$45.42