Q3 2025 Market Snapshot
Key metrics as of Q3 2025
Average Rent
$1,414
Vacancy Rate
3.80%
YoY Rent Growth
+2.20%
Total Inventory
177,795
Population
2.27M
Historical Annual Trends
Average Rent Trend
Annual average rent from 2015 to 2030
Vacancy Rate Trend
Annual vacancy rates
Inventory Growth
Total multifamily units over time
Quarterly Breakdown & Forecast
Quarterly Rent Trends
Actual data through Q3 2025 • Projections shown with hollow dots
Quarterly Vacancy Trends
Actual vs projected vacancy rates
Source: CBRE Econometric Advisors, U.S. Census Bureau • Data through Q3 2025