Independence Realty Trust Reports Minimal Damage to Communities from Hurricane Helene

Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announced today the Company’s apartment communities did not incur any significant damage as a result of Hurricane Helene.

“We are grateful to report that all of our residents and employees in the areas that were impacted by Hurricane Helene are safe, and that our properties have not sustained any significant damage,” said Scott Schaeffer, Chairman and CEO of IRT. “Our highest priority is the safety of our residents and employees, and we thank our on-site teams for their support in preparing for and responding to the storm. We will keep our stakeholders updated if there is a change in the status of our communities as we assess any residual impact from the hurricane.”

About Independence Realty Trust, Inc.

Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily communities, across non-gateway U.S. markets including Atlanta, GA, Dallas, TX, Denver, CO, Columbus, OH, Indianapolis, IN, Raleigh-Durham, NC, Oklahoma City, OK, Nashville, TN, Houston, TX, and Tampa, FL. IRT’s investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT aims to provide stockholders with attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation. More information may be found on the Company’s website www.irtliving.com.

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Independence Realty Trust, Inc. Edelman Smithfield Lauren Torres 917-365-7979 [e-mail]