Greater Los Angeles Multifamily Research Report 2025 Q1

Market Overview

The Greater Los Angeles multifamily market posted a 95.4% occupancy rate in Q1 2025, up slightly from the previous quarter. Average effective rents rose to $2,272, reflecting a 1% year-over-year increase. While rent growth has cooled from post-pandemic highs, the market remains resilient, bolstered by consistent demand and a slowdown in new construction. Approximately 27,000 units remain under construction, and year-to-date sales volume reached $1 billion, a 10% gain compared to the same period last year.

About Colliers

Colliers is a global real estate services and investment management firm with operations in 60+ countries. The company delivers advisory, brokerage, and capital markets services backed by local expertise and research. Colliers’ multifamily reports, like the Greater Los Angeles Q1 update, offer data-rich analysis on occupancy, rent performance, sales volume, and pipeline activity—supporting investors, developers, and operators with actionable market intelligence.

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