Are you asking about apartment sale prices, or apartment rental prices? (money.stackexchange.com)
I have seen the last 4 or 5 apartment sales trade for sub 5 caps. (biggerpockets.com)
Investors are on track to buy more multifamily properties this year than they did last year — impressive considering that last year apartment sale topped the peak year of the last real estate boom. (nreionline.com)