8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported):

October 4, 2013

Steadfast Income REIT, Inc.

(Exact Name of Registrant as Specified in Charter)

Maryland	000-54674	27-0351641
(State or Other Jurisdiction	(Commission File Number)	(IRS Employer
of Incorporation)		Identification No.)

18100 Von Karman Avenue, Suite 500

Irvine, California 92612

(Address of Principal Executive Offices, including Zip Code)

Registrant's telephone number, including area code: (949) 852-0700

Not applicable

(Former Name or Former Address, if Changed Since Last Report)

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2.):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure.

Acquisition of Watermark at Indian Lake Village

On September 24, 2013, Steadfast Income REIT, Inc. (the “Company”), through SIR Cantare, LLC (“SIR Cantare”), an indirect, wholly-owned subsidiary of the Company, acquired from a third party seller a fee simple interest in a 206-unit multifamily residential community located in Hendersonville, Tennessee, commonly known as Watermark at Indian Lake Village (the “Cantare Property”). SIR Cantare acquired the Cantare Property for an aggregate purchase price of $29,000,000, excluding closing costs. SIR Cantare funded the payment of the purchase price for the Cantare Property with proceeds from the Company’s public offering.

The Company has initiated the process to re-name the Cantare Property to Cantare at Indian Lake Village.

Acquisition of Broadstone Ashwood

On September 27, 2013, the Company, through SIR Mansfield Landing, LLC (“SIR Mansfield”), an indirect, wholly-owned subsidiary of the Company, acquired from a third party seller a fee simple interest in a 336-unit multifamily residential community located in Mansfield, Texas, commonly known as Broadstone Ashwood (the “Mansfield Property”). SIR Mansfield acquired the Mansfield Property for an aggregate purchase price of $30,900,000, excluding closing costs. SIR Mansfield financed the payment of the purchase price for the Mansfield Property with a combination of: (1) proceeds from the Company’s public offering and (2) a loan in the aggregate principal amount of $22,750,000 from PNC Bank, National Association (“PNC”), pursuant to the requirements of the Federal Home Loan Mortgage Corporation (“Freddie Mac”) Capital Markets Execution Program.

The Company has initiated the process to re-name the Mansfield Property to The Landing at Mansfield.

Acquisition of The Heights Apartments

On September 30, 2013, the Company, through SIR Heights, LLC (“SIR Heights”), an indirect, wholly-owned subsidiary of the Company, acquired from a third party seller a fee simple interest in a 504-unit multifamily residential community located in Houston, Texas, commonly known as The Heights Apartments (the “Heights Property”). SIR Heights acquired the Heights Property for an aggregate purchase price of $37,000,000, excluding closing costs. SIR Heights financed the payment of the purchase price for the Heights Property with a combination of: (1) proceeds from the Company’s public offering and (2) a loan in the aggregate principal amount of $29,014,000 from PNC pursuant to the requirements of the Freddie Mac Capital Markets Execution Program.

On October 4, 2013, the Company distributed a press release announcing the completion of the acquisition of the Cantare Property, Mansfield Property and Heights Property. The full text of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 7.01.

The information furnished under Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.

Item 9.01    Financial Statements and Exhibits.

(d) Exhibits.

ExhibitDescription

99.1 Press release, dated October 4, 2013

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		STEADFAST INCOME REIT, INC.
Date:	October 4, 2013	By:	/s/ Kevin Keating
			Kevin Keating
			Treasurer

EXHIBIT INDEX

ExhibitsDescription

99.1 Press release, dated October 4, 2013

EX-99.1

Ex. 99.1

18100 Von Karman Avenue Suite 500 Irvine, CA 92612 949.852.0700

NEWS RELEASE

Contact:    Jennifer Schmidt

Phone:        949.333.1721

Email:        jschmidt@steadfastcmg.com

STEADFAST INCOME REIT ADDS ANOTHER $97 MILLION IN ASSETS

WITH APARTMENT ACQUISITIONS IN TEXAS AND TENNESSEE

REIT Enters Houston Market with Latest Acquisitions

IRVINE, Calif., Oct. 4, 2013 - Steadfast Income REIT, Inc. announced today that it recently acquired three apartment communities in separate transactions for an aggregate purchase price of $96.9 million. Watermark at Indian Lake Village in Nashville, Broadstone Ashwood in Dallas and The Heights Apartments in Houston are now among the REIT’s 51 apartment communities in 11 Midwestern and Southern states.

“With these acquisitions we have already eclipsed our transactions volume from last year with over $500 million in purchases”, said Ella Shaw Neyland, president of Steadfast Income REIT.

Watermark at Indian Lake Village is a newly constructed 206-unit apartment community located in Nashville that Steadfast purchased on September 24. The property opened to residents earlier this year and is 92% occupied. The apartments were purchased from Watermark Residential and the community is being renamed to Cantare at Indian Lake Village. Cantare offers one-, two-, and three-bedroom apartment homes with average in-place monthly rents of $1,054.

Apartment homes at Cantare include breakfast bars with pendant lighting, granite countertops, designer light fixtures, nine-foot ceilings, walk-in closets, washer and dryers, private balconies, garages and garden tubs. Community amenities include a clubroom with televisions, kitchen and coffee bar, Wi-Fi hot spots, 24-hour fitness center, resort-style swimming pool, poolside entertainment area with gas grills, 24-hour maintenance and pet-friendly facilities.

This is Steadfast’s second Nashville acquisition; they purchased Keystone Farms in December, 2012. The Nashville metropolitan area has seen a 21% increase in population since 2000, and was recently ranked by Forbes as one of the fastest growing cities in the United States. Nashville is home to 21 four-year and post-graduate institutions, including Vanderbilt University. Nashville continues to be a major tourist city, and is home to the Country Music Hall of Fame. The music industry is responsible for 54,000 jobs with a $6.4 billion economic impact.

Steadfast then added to its Dallas/Forth Worth Metroplex holdings with the acquisition of Broadstone Ashwood on September 27.

Broadstone Ashwood is a 336-unit property located in the Dallas/Fort Worth suburb of Mansfield that consists of one, two and three-bedroom units with average in-place monthly rents of $891. Steadfast is renaming the property to The Landing at Mansfield.

Unit amenities at the 96% occupied property include kitchen pantries, washer and dryer connections, spacious closets, nine-foot ceiling and porches or patios. Residents are also able to enjoy community amenities that include a clubhouse with demonstration kitchen, swimming pool and spa, business center, storage units, fitness center, detached garages, remote access gates and pet-friendly facilities.

The Landing at Mansfield is the sixth property Steadfast has purchased in the Dallas/Fort Worth Metroplex (DFW). DFW is considered one of the nation’s most dynamic markets, and is consistently a top market for job and population growth. In May 2012, Forbes ranked DFW near the top of its “Best Big Cities for Jobs” list, and the area continues to outperform the national economy on job growth and employment.

On the last day of the month, Steadfast purchased The Heights Apartments, the REIT’s first Houston-area property. The Heights is a 504-unit property that consist of a mix of one and two-bedroom units with average in-place monthly rents of $865.

Unit amenities at the Heights include walk-in closets, balconies and/or patios and built-in bookcases. In addition, select units have wood burning fireplaces and a dry bar. Property amenities include a clubhouse, controlled access gates, four swimming pools, a dog park and a resident concierge.

Approximately 80% of the apartment homes have been renovated to include new appliances, fixtures, carpet and vinyl flooring and updates to the countertops and cabinet finishes. Steadfast plans to continue the interior upgrades when turning the units between residents.

“As the fourth largest city in the nation, Houston has not only sustained the effects of the recession but has continued to lead the nation into the recovery and growth period,” said Neyland. “In fact, Forbes recently predicted that Houston will be known as ‘America’s next great global city’ with projected job growth over nearly 20 percent in the coming decade.”

With these latest acquisitions, the REIT has acquired a total of 51 apartment communities with over 12,000 units in Alabama, Illinois, Indiana, Iowa, Kansas, Kentucky, Missouri, Oklahoma, Ohio, Tennessee and Texas purchased for over $1.1 billion.

About Steadfast Income REIT

Steadfast Income REIT is a real estate investment trust that intends to acquire and operate a diverse portfolio of real estate investments focused primarily on the multifamily sector, including stable, income-producing and value-added properties. Steadfast Income REIT is sponsored by Steadfast REIT Investments, LLC, an affiliate of Steadfast Companies, an Orange County, Calif.-based group of affiliated real estate investment companies that acquire, develop and manage real estate in the U.S. and Mexico.

This release contains certain forward-looking statements. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements and you should not place undue reliance on any such statements. A number of important factors could cause actual results to differ materially from the forward-looking statements contained in this release. Such factors include those described in the Risk Factors sections of Steadfast Income REIT, Inc.’s annual report on Form 10-K and other reports filed with the Securities and Exchange Commission. Forward-looking statements in this document speak only as of the date on which such statements were made, and the company undertakes no obligation to update any such statements that may become untrue because of subsequent events. Such forward-looking statements are subject to the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.

###