Matrix Multifamily Sacramento Report-July 2024 July 30, 2024

Sacramento’s Advertised Rents Stall Out

Advertised rents in Sacramento remained flat on a T3 basis in May, clocking in at $1,916, 30 basis points lower than the U.S. rate. The metro delivered 645 units, or 0.5 percent of existing stock, 40 bps below the U.S. average.