Understanding Multifamily Housing Types for Modern Operators

Multifamily housing continues to grow as one of the most stable segments in real estate. Even as markets shift, renter demand remains steady in many cities. Operators and owners planning for 2026 are revisiting fundamentals, and one of the most important fundamentals is understanding the different types of multifamily housing.

The asset you manage shapes everything. Resident expectations. Amenity requirements. Operational complexity. Technology adoption. Even how your teams move through a building. This guide breaks down the most common types of multifamily properties in a simple and modern way so you can plan with more clarity and less guesswork.

Why Multifamily Housing Is Not One Size Fits All

Two buildings can look similar on the outside but function in completely different ways. A garden style community in the suburbs serves residents who want privacy and convenience. A high rise in the city supports residents who care about walkability, security, and amenities. Class B properties often carry strong value-add potential while Class C assets require strategic efficiencies.

The types of properties in your portfolio influence pricing, staffing, maintenance planning, renovation strategy, and future technology needs. Clear definitions save time and prevent misalignment across teams.

1. Garden Style Apartments

Garden style apartments are typically two to three stories high and spread across larger suburban or secondary market plots. These communities often feature open parking, shared green spaces, and lower density layouts.

What this means for operations

• Higher foot traffic at ground level

• More direct access for deliveries

• Strong preference for simple and convenient access points

• Residents who value privacy and ease of entry

Why they matter in 2026

As affordability remains a concern, suburban rental demand continues to stay resilient.

Yardi Matrix reported that suburban multifamily occupancy stayed relatively steady through 2024 and 2025 while some urban cores experienced more fluctuation.

2. Mid Rise Apartments

Mid rise buildings run between four and eight stories. They are common in growing suburbs and smaller urban centers. They introduce elevators, more enclosed public spaces, and a more structured amenity mix.

Operational notes

• Increased need for controlled access at multiple entry points

• More complex guest and contractor workflows

• Residents tend to expect modern amenities and digital convenience

Market context:

MRI Software noted in its 2025 outlook that renters show a growing preference for digital processes such as remote payments and mobile access, making mid rise communities strong candidates for modern automation.

3. High Rise Apartments

High rise properties are typically nine stories and above. They are concentrated in dense urban markets and come with a wide amenity stack such as pools, gyms, coworking lounges, and 24 hour front desk services.

Operational notes

• Security becomes a primary differentiator

• Multiple layers of access control are often required

• High volumes of guests, deliveries, contractors, and ride hailing traffic

• Strong expectation for polished and seamless digital infrastructure

Market context:

According to insights from NMHC, high rise demand is resilient in walkable and transit oriented markets as renters prioritize convenience and lifestyle proximity.

4. Class A, Class B, and Class C Multifamily

These classes describe the quality, age, and market positioning of a building.

Class A

Newer builds with premium finishes, modern amenities, higher rents, and forward looking digital systems.

Class B

Older but well maintained assets that balance affordability and comfort. These are popular for value add strategies.

Class C

Older stock that may require upgrades. These communities serve a price sensitive renter base and often benefit from operational efficiencies that reduce manual work.

Market context:

CBRE noted that Class B and C properties are under pressure from rising costs and aging infrastructure. These assets often rely on targeted upgrades that increase efficiency and resident satisfaction.

5. Build to Rent Communities

Build to rent communities combine the privacy of single family rentals with the structure of multifamily operations. These neighborhoods are built specifically for renters and include detached or semi detached homes.

Why BTR is growing

• Families want more space without buying

• Homeownership barriers continue to rise

• Institutional investors are expanding into the category

RealPage reported that BTR absorption strengthened between 2023 and 2025 as renters searched for larger living spaces without long term commitments.

6. Co Living and Micro Unit Models

Co living and micro units attract young professionals, digital workers, and residents who prioritize location and amenities over square footage. These models encourage community style living and typically see higher turnover.

Operational implications

• Frequent move ins and move outs

• Higher guest volumes

• Need for flexible access management

• More touchpoints requiring digital infrastructure

Market context

JLL identified growing interest in co living across high cost urban markets where traditional rents are less attainable for younger renters.

How Property Type Shapes Daily Operations

Clear definitions do more than categorize a building. They influence staffing models, turnover cycles, access control configuration, amenity planning, and long term capital decisions.

Examples:

• Garden style communities often require parcel and guest management because most entries sit at ground level.

• Mid rise and high rise buildings benefit from digital visitor access, centralized authorization, and credential control.

• Class B and C properties carry strong opportunities for retrofit upgrades that uplift renter experience without extensive renovation.

• BTR communities require unified access across homes, shared facilities, gates, and community amenities.

Operators who understand the nuances of each property type can craft smoother resident experiences and make smarter technology decisions.

Multifamily housing is diverse, and that diversity is exactly why clarity matters. When operators understand the types of buildings they manage, every operational decision becomes easier. From renovation planning to access control strategy, strong fundamentals set the tone for a more efficient portfolio in 2026.