Matrix Multifamily Sacramento Report-December 2024

Fundamentals Top US Average

Sacramento’s advertised asking rents rose 1.6 percent YoY through October to $1,954, surpassing the 0.9 percent national increase. Occupancy was also up, gaining 60 bps YoY to a healthy 95.3 percent as of October, while the U.S. rate inched down 10 bps to 94.7 percent.

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