# American Homes 4 Rent

Summary updated: 2026-10-02T12:47:58.181321Z
Canonical: https://finbar.com/research/companies/american-homes-4-rent

## Overview

American Homes 4 Rent (AMH) is a U.S. residential real estate investment trust (REIT) focused on developing, renovating, leasing and managing single-family homes as rental housing. Its portfolio includes existing homes and purpose-built rentals, and the company describes its objective as generating risk-adjusted returns for shareholders through these activities. [1](https://app.finbar.com/go?id=P42375780)[2](https://app.finbar.com/go?id=P104046736)

As of June 30, 2026, AMH owned 61,183 homes across 24 U.S. states, including homes held for sale; it also held interests in 3,961 homes through unconsolidated joint ventures. [3](https://app.finbar.com/go?id=P145400540) For 2025, rents and other revenue from single-family properties totaled approximately $1.85 billion. [4](https://app.finbar.com/go?id=T11734080) The company’s stated mission is “to deliver the joys of single-family living.” [5](https://www.amh.com/blog/post/introducing-amh%2C-a-brand-built-for-the-future?postId=30ce0330-02c6-4540-8708-effdfba3ef87)
[1](https://app.finbar.com/go?id=P42375780)[2](https://app.finbar.com/go?id=P104046736)[3](https://app.finbar.com/go?id=P145400540)[4](https://app.finbar.com/go?id=T11734080)[5](https://www.amh.com/blog/post/introducing-amh%2C-a-brand-built-for-the-future?postId=30ce0330-02c6-4540-8708-effdfba3ef87)[5](https://www.amh.com/blog/post/introducing-amh%2C-a-brand-built-for-the-future?postId=30ce0330-02c6-4540-8708-effdfba3ef87)

## Products & services

American Homes 4 Rent’s core product is single-family rental housing, including homes built through its AMH Development Program and newly constructed homes acquired from third-party builders through its National Builder Program. The company also renovates homes before leasing; renovation work may include paint, flooring, cabinetry, appliances, and plumbing hardware. The 2026 filing reports typical renovation costs of $30,000–$50,000 per home and completion times of approximately 20–90 days. [6](https://app.finbar.com/go?id=P55859074)[7](https://app.finbar.com/go?id=P67431863)[8](https://app.finbar.com/go?id=P145400570)

Home features shown in AMH listings include fenced yards, granite or quartz countertops, stainless-steel appliances, luxury vinyl plank flooring, and attached garages; some communities offer pools, fitness centers, playgrounds, trails, and dog parks. Features and layouts vary by property and are not portfolio-wide specifications. [9](https://communities.amh.com/)[10](https://communities.amh.com/communities/beckham-pointe) Resident-facing services include Let Yourself In® self-guided tours and myAMH online tools for payments, maintenance requests, lease documents, and other account services. Reported property fees are aggregated rather than itemized by service type. [11](https://www.amh.com/let-yourself-in-now)[12](https://communities.amh.com/landing/experience)[13](https://www.amh.com/blog/post/using-ai-to-simplify-the-leasing-experience-for-renters?postId=32197f3d-09e5-4d9b-b62b-3c5e1da745fb)[14](https://app.finbar.com/go?id=T16632476)[15](https://app.finbar.com/go?id=T4184935)
[6](https://app.finbar.com/go?id=P55859074)[7](https://app.finbar.com/go?id=P67431863)[8](https://app.finbar.com/go?id=P145400570)[9](https://communities.amh.com/)[10](https://communities.amh.com/communities/beckham-pointe)[11](https://www.amh.com/let-yourself-in-now)[12](https://communities.amh.com/landing/experience)[13](https://www.amh.com/blog/post/using-ai-to-simplify-the-leasing-experience-for-renters?postId=32197f3d-09e5-4d9b-b62b-3c5e1da745fb)[14](https://app.finbar.com/go?id=T16632476)[15](https://app.finbar.com/go?id=T4184935)[9](https://communities.amh.com/)[10](https://communities.amh.com/communities/beckham-pointe)[11](https://www.amh.com/let-yourself-in-now)[12](https://communities.amh.com/landing/experience)[13](https://www.amh.com/blog/post/using-ai-to-simplify-the-leasing-experience-for-renters?postId=32197f3d-09e5-4d9b-b62b-3c5e1da745fb)

## Geographic presence

As of June 30, 2026, American Homes 4 Rent reported 60,482 single-family properties across its listed markets, excluding 701 properties held for sale. Its named markets span the Southeast, Midwest, Southwest and Mountain West, with Seattle also represented; examples include Atlanta, Charlotte, Jacksonville, Nashville, Tampa, Chicago, Indianapolis, Dallas–Fort Worth, Phoenix, Las Vegas, Salt Lake City and Boise. The “All Other” category comprises 16 markets in 15 states. [16](https://app.finbar.com/go?id=P145400547)[17](https://app.finbar.com/go?id=P145400548)[18](https://app.finbar.com/go?id=T16632466)

The company’s filing describes its operations as one geographically diversified reportable segment and does not provide revenue or rent percentages by region. It reports market-level average realized rents, but not geographic revenue shares. [19](https://app.finbar.com/go?id=P145400520)[20](https://app.finbar.com/go?id=T16632467)

AMH lists its corporate office at 280 Pilot Road, Las Vegas, Nevada; its offices page also identifies district offices serving operating markets. [21](https://app.finbar.com/go?id=P145400236)[22](https://app.finbar.com/go?id=P145400237)[23](https://www.amh.com/offices)
[16](https://app.finbar.com/go?id=P145400547)[17](https://app.finbar.com/go?id=P145400548)[18](https://app.finbar.com/go?id=T16632466)[19](https://app.finbar.com/go?id=P145400520)[20](https://app.finbar.com/go?id=T16632467)[21](https://app.finbar.com/go?id=P145400236)[22](https://app.finbar.com/go?id=P145400237)[23](https://www.amh.com/offices)

## Business segments

American Homes 4 Rent reports one operating and reportable segment: a geographically diversified portfolio of single-family rental homes. Its activities include developing, renovating, leasing, and managing homes; revenue is primarily from leasing homes to tenants and from certain tenant fees. The sole reportable segment represents 100% of reported segment activity, with no separate business-segment revenue split disclosed. [19](https://app.finbar.com/go?id=P145400520)

The company also presents property-cohort categories, which are not reportable business segments. For the six months ended June 30, 2026, Same-Home core revenues were approximately 89.5% of total core revenues, while Non-Same-Home and Other were approximately 10.5%. [14](https://app.finbar.com/go?id=T16632476)
[19](https://app.finbar.com/go?id=P145400520)[14](https://app.finbar.com/go?id=T16632476)

## Company history

B. Wayne Hughes founded American Homes 4 Rent in 2011; the company identifies October 2012 as its inception as a real estate investment trust. [24](https://investors.amh.com/governance/board-of-trustees-and-committee-composition/person-details/default.aspx?ItemId=134ab5dd-0dfc-4c01-84f1-23cafb68ad6a) [25](https://investors.amh.com/events-and-presentations/press-releases/news-details/2019/American-Homes-4-Rent-Announces-B-Wayne-Hughes-Retirement-from-the-Board/) It launched its initial public offering on August 1, 2013, with approximately 20,000 homes. [26](https://www.amh.com/blog/post/celebrating-our-10-year-ipo-anniversary?postId=bbd93e7d-a9cb-48aa-875e-ecfd45b1f322)

On March 1, 2016, American Homes 4 Rent completed a merger with American Residential Properties in a transaction valued at approximately $1.3 billion. [27](https://investors.amh.com/events-and-presentations/press-releases/news-details/2016/American-Homes-4-Rent-And-American-Residential-Properties-Inc-Complete-Their-Merger-Enhancing-The-Size-Of-The-Largest-Publicly-Traded-Single-Family-Rental-Company/) In 2017, it launched an in-house home development program, and in 2024 it announced delivery of its 10,000th home built through the program. [28](https://investors.amh.com/events-and-presentations/press-releases/news-details/2024/AMH-Delivers-10000th-Built-Home-Expanding-High-Quality-Housing-Options-in-the-U.S/default.aspx) Hughes retired from the board in 2019; Bryan Smith, previously chief operating officer, succeeded David P. Singelyn as chief executive officer on January 1, 2025. [25](https://investors.amh.com/events-and-presentations/press-releases/news-details/2019/American-Homes-4-Rent-Announces-B-Wayne-Hughes-Retirement-from-the-Board/) [29](https://investors.amh.com/events-and-presentations/press-releases/news-details/2024/AMH-Announces-CEO-Succession-Plan/default.aspx)
[19](https://app.finbar.com/go?id=P145400520)[24](https://investors.amh.com/governance/board-of-trustees-and-committee-composition/person-details/default.aspx?ItemId=134ab5dd-0dfc-4c01-84f1-23cafb68ad6a)[25](https://investors.amh.com/events-and-presentations/press-releases/news-details/2019/American-Homes-4-Rent-Announces-B-Wayne-Hughes-Retirement-from-the-Board/)[26](https://www.amh.com/blog/post/celebrating-our-10-year-ipo-anniversary?postId=bbd93e7d-a9cb-48aa-875e-ecfd45b1f322)[27](https://investors.amh.com/events-and-presentations/press-releases/news-details/2016/American-Homes-4-Rent-And-American-Residential-Properties-Inc-Complete-Their-Merger-Enhancing-The-Size-Of-The-Largest-Publicly-Traded-Single-Family-Rental-Company/)[28](https://investors.amh.com/events-and-presentations/press-releases/news-details/2024/AMH-Delivers-10000th-Built-Home-Expanding-High-Quality-Housing-Options-in-the-U.S/default.aspx)[29](https://investors.amh.com/events-and-presentations/press-releases/news-details/2024/AMH-Announces-CEO-Succession-Plan/default.aspx)

## Sources

1. [American Homes 4 Rent — Full financial report (2025 Y)](https://app.finbar.com/go?id=P42375780)
2. [American Homes 4 Rent — Full financial report (2025 Y)](https://app.finbar.com/go?id=P104046736)
3. [American Homes 4 Rent — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145400540)
4. [American Homes 4 Rent — Full financial report (2025 Y)](https://app.finbar.com/go?id=T11734080)
5. [www.amh.com](https://www.amh.com/blog/post/introducing-amh%2C-a-brand-built-for-the-future?postId=30ce0330-02c6-4540-8708-effdfba3ef87)
6. [American Homes 4 Rent — Full financial report (2025 Y)](https://app.finbar.com/go?id=P55859074)
7. [American Homes 4 Rent — Full financial report (2025 Y)](https://app.finbar.com/go?id=P67431863)
8. [American Homes 4 Rent — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145400570)
9. [communities.amh.com](https://communities.amh.com/)
10. [communities.amh.com](https://communities.amh.com/communities/beckham-pointe)
11. [www.amh.com](https://www.amh.com/let-yourself-in-now)
12. [communities.amh.com](https://communities.amh.com/landing/experience)
13. [www.amh.com](https://www.amh.com/blog/post/using-ai-to-simplify-the-leasing-experience-for-renters?postId=32197f3d-09e5-4d9b-b62b-3c5e1da745fb)
14. [American Homes 4 Rent — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T16632476)
15. [American Homes 4 Rent — Full financial report (2025 Y)](https://app.finbar.com/go?id=T4184935)
16. [American Homes 4 Rent — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145400547)
17. [American Homes 4 Rent — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145400548)
18. [American Homes 4 Rent — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T16632466)
19. [American Homes 4 Rent — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145400520)
20. [American Homes 4 Rent — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T16632467)
21. [American Homes 4 Rent — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145400236)
22. [American Homes 4 Rent — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145400237)
23. [www.amh.com](https://www.amh.com/offices)
24. [investors.amh.com](https://investors.amh.com/governance/board-of-trustees-and-committee-composition/person-details/default.aspx?ItemId=134ab5dd-0dfc-4c01-84f1-23cafb68ad6a)
25. [investors.amh.com](https://investors.amh.com/events-and-presentations/press-releases/news-details/2019/American-Homes-4-Rent-Announces-B-Wayne-Hughes-Retirement-from-the-Board/)
26. [www.amh.com](https://www.amh.com/blog/post/celebrating-our-10-year-ipo-anniversary?postId=bbd93e7d-a9cb-48aa-875e-ecfd45b1f322)
27. [investors.amh.com](https://investors.amh.com/events-and-presentations/press-releases/news-details/2016/American-Homes-4-Rent-And-American-Residential-Properties-Inc-Complete-Their-Merger-Enhancing-The-Size-Of-The-Largest-Publicly-Traded-Single-Family-Rental-Company/)
28. [investors.amh.com](https://investors.amh.com/events-and-presentations/press-releases/news-details/2024/AMH-Delivers-10000th-Built-Home-Expanding-High-Quality-Housing-Options-in-the-U.S/default.aspx)
29. [investors.amh.com](https://investors.amh.com/events-and-presentations/press-releases/news-details/2024/AMH-Announces-CEO-Succession-Plan/default.aspx)

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