<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:ns1="http://www.sec.gov/edgar/common">
  <schemaVersion>X0202</schemaVersion>
<headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0000769734</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Class A common shares of beneficial interest, $.01 par value</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>03/31/2026</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001562401</issuerCik>
        <issuerName>American Homes 4 Rent</issuerName>
        <issuerCusips>
          <issuerCusipNumber>02665T306</issuerCusipNumber>
        </issuerCusips>
        <issuerPrincipalExecutiveOfficeAddress>
          <ns1:street1>280 PILOT ROAD</ns1:street1>
          <ns1:city>LAS VEGAS</ns1:city>
          <ns1:stateOrCountry>NV</ns1:stateOrCountry>
          <ns1:zipCode>89119</ns1:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>PRINCIPAL GLOBAL INVESTORS</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>2164023</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>2164023</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>2164023</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>0.6</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>PRINCIPAL REAL ESTATE INVESTORS LLC</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>16429582</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>16429582</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>16429582</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>4.5</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>American Homes 4 Rent</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>280 PILOT ROAD, LAS VEGAS, NEVADA
89119</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>PRINCIPAL GLOBAL INVESTORS

PRINCIPAL REAL ESTATE INVESTORS LLC</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>PRINCIPAL GLOBAL INVESTORS
711 HIGH STREET
DES MOINES, Iowa
50392-0300

PRINCIPAL REAL ESTATE INVESTORS, LLC
711 HIGH STREET
DES MOINES, Iowa
50392-0300
</principalBusinessOfficeOrResidenceAddress>
        <citizenship>PRINCIPAL GLOBAL INVESTORS - DELAWARE

PRINCIPAL REAL ESTATE INVESTORS LLC - DELAWARE</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
        <typeOfPersonFiling>IA</typeOfPersonFiling>
      </item3>
      <item4>
        <amountBeneficiallyOwned>18,593,605</amountBeneficiallyOwned>
        <classPercent>5.1</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>PRINCIPAL GLOBAL INVESTORS - 0

PRINCIPAL REAL ESTATE INVESTORS LLC - 0</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>PRINCIPAL GLOBAL INVESTORS - 2,164,023

PRINCIPAL REAL ESTATE INVESTORS LLC - 16,429,582</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>PRINCIPAL GLOBAL INVESTORS - 0

PRINCIPAL REAL ESTATE INVESTORS LLC - 0</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>PRINCIPAL GLOBAL INVESTORS - 2,164,023

PRINCIPAL REAL ESTATE INVESTORS LLC - 16,429,582</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <exhibitInfo>This statement is filed by Principal Global Investors LLC and Principal Real Estate Investors LLC jointly pursuant to a Joint Filing Agreement, which is filed with this Schedule 13G as Exhibit 99.1.</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>PRINCIPAL GLOBAL INVESTORS</reportingPersonName>
      <signatureDetails>
        <signature>/s/ J. Markham Penrod</signature>
        <title>J. Markham Penrod, Chief Compliance Officer - North America, Principal Asset Management</title>
        <date>05/11/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>PRINCIPAL REAL ESTATE INVESTORS LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ J. Markham Penrod</signature>
        <title>J. Markham Penrod, Chief Compliance Officer - North America, Principal Asset Management</title>
        <date>05/11/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>

</edgarSubmission>
