If there’s one word I’d use to describe the current state of proptech in multifamily, it’s this: cautious.
We are surrounded by technology. New platforms, new tools, new promises. And yet, adoption across the industry is still slower than many people expected. That doesn’t mean operators aren’t interested. It means they’re being thoughtful. They’re asking the right questions. And frankly, they’re navigating a lot of noise.
As we look toward 2026, I believe the future of proptech in multifamily will be defined less by flashy new tools and more by clarity, consolidation, infrastructure, and long-term flexibility. This is not about chasing trends. It’s about building a foundation that allows properties to adapt, scale, and deliver real value to both staff and residents.
PropTech Adoption Is Still Slow, and That’s Not a Bad Thing
Despite the volume of new solutions entering the market, many operators are still sitting on the fence. I see it every day. They want to modernize, but they’re unsure where to start, who to trust, and how to evaluate whether a solution is actually worth the investment.
Part of the problem is choice overload. There are more vendors than ever, many offering overlapping capabilities. That creates confusion, not confidence. I also see frequent misunderstandings around who does what.
Hardware manufacturers are mistaken for service providers. Platforms are confused with infrastructure. When roles aren’t clear, hesitation makes sense.
The good news is that this has sparked more education, more discussion, and more transparency across the industry.
There are a lot of people sitting on the fence because there are still too many unanswered questions.
Blogs, webinars, podcasts, conferences, and even LinkedIn have become critical sources of learning. That collective knowledge-sharing is helping operators make better decisions, even if it takes time.
Consolidation Is Reshaping the Market
One of the biggest proptech trends I’ve seen over the past year is consolidation. Many companies that once focused on a single solution are expanding their portfolios, building all-in-one platforms that combine multiple functions into a single experience.
The companies that survive are the ones that can deliver real, compelling value to both the property and the resident.
Maintenance apps now unlock doors, accept work orders, process payments, and serve as resident communication hubs. AI is accelerating this shift by making integrations easier and smarter.
At the same time, we’re seeing mergers, acquisitions, and companies exiting the market altogether. That’s tough, but it’s also a natural part of a maturing industry.
That distinction matters. Even though technology is sold to owners and operators, the end user is often the resident, along with onsite teams.
Solutions that simplify workflows, reduce friction, and improve daily life are the ones that last.
Infrastructure Is the Real Gatekeeper
Here’s the part of the conversation that doesn’t get enough attention: infrastructure.
Many existing multifamily properties were not built to support modern technology. Outdated wiring, limited bandwidth, and aging systems make it difficult to deploy everything from smart locks and thermostats to package management tech and security systems.
In most cases, reliable Wi-Fi is the foundation. Without it, many of today’s proptech solutions simply don’t work as intended.
Cost compounds the challenge, especially for smaller properties. It’s harder to justify ROI when you’re under 100 units, even though those communities face the same operational issues as larger ones. Packages still arrive. Residents still expect connectivity. Staff still need efficient tools.
This is why I believe infrastructure planning will be one of the most important investments operators make between now and 2026.
If you don’t have that base network, a lot of these other applications don’t work.
Technology Is Now Both Table Stakes and a Differentiator
You would never stay at a hotel that didn’t have Wi-Fi. You don’t even ask anymore. You assume it’s there.
Technology has reached an interesting point in multifamily. In many cases, it’s no longer optional. It’s expected.
Think about Wi-Fi. You would never stay at a hotel that didn’t have it. You don’t even ask anymore. You assume it’s there.
That same expectation now exists in multifamily housing. Residents rely on connectivity for work, entertainment, communication, and everyday living. The same goes for essentials like package lockers and package management systems.
These tools have moved from “nice-to-have” amenities to operational utilities.
At the same time, how you implement technology still matters. Two properties may both offer smart solutions, but the one that delivers reliability, simplicity, and support will stand out. That’s where differentiation still exists.
Don’t Chase Quick Wins: Build Proof, Then Scale
One of the most common mistakes I see is rushing into technology looking for a quick fix. There really isn’t one.
Instead, I encourage operators to start with a proof of concept. Test a solution at a single property. Measure the impact. Learn what works and what doesn’t before rolling it out portfolio-wide.
Tools like PropTech IQ are incredibly valuable here. They don’t just look at upfront costs. They analyze ongoing fees, labor savings, task reduction, opportunity cost, and overall impact on NOI. When owners can see the numbers clearly, decisions become much easier.
Waiting indefinitely feels safe, but technology doesn’t wait. The goal isn’t perfection. It’s informed progress.
The worst thing you can do is not act at all.
Looking Ahead to 2026: AI and Cost Will Define the Next Phase
There are two forces that will shape the future of proptech in multifamily more than anything else.
The first is AI. Like it or not, it’s here to stay. What excites me most is how AI is becoming industry-specific. Instead of generic answers, we’re moving toward systems that understand multifamily operations, resident behavior, and property-level data.
The second is cost. Technology almost always becomes more affordable over time. What was once out of reach eventually becomes standard. As costs come down, more properties, including smaller communities, will be able to adopt solutions that previously felt out of scope.
Together, these trends will continue to level the playing field.
The Most Important Advice I Can Give
For vendors: listen more than you sell. Stop trying to force solutions where they don’t fit. Understand the real problems operators are trying to solve.
For operators: stay plugged in. Go to conferences. Attend webinars. Talk to peers. Ask questions. The industry is moving quickly, and staying engaged is the best way to avoid falling behind.
You can’t keep up if you’re not actively participating.
The future of proptech in multifamily isn’t about chasing every new idea. It’s about building strong foundations, choosing the right partners, and staying flexible enough to evolve.
If you’re evaluating your 2026 roadmap, this is the time to take a closer look at the technologies that support daily operations. Look into things like infrastructure, connectivity, and package management tech and ensure those solutions are built to last.
If you’d like to explore how modern package lockers and package management solutions fit into a future-ready multifamily strategy, the team at Luxer One is always happy to have a conversation.
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Todd is a trusted multifamily technology partner with over 25 years of experience consulting with owners and developers and helping them create happier residents with their properties using technology. He’s shared his insights and expertise on numerous industry leading podcasts, as a speaker at national conferences and was featured in Property Technology Magazine.
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