MARKET SNAPSHOT Jacksonville Q3 2025

Market Overview

‍The multifamily market in Jacksonville is entering a stabilising phase as absorption remains robust and new completions slow. Average rent stood at about $1,474 in Q3 2025 while occupancy was 90.6 percent. Although annual rent change was -1.2 percent and YTD completions reached 3,397 units, only 813 units were delivered in Q3 alone—signalling a meaningful reduction in supply build. Demand, meanwhile, has stayed strong, placing the market on a path toward improved balance.

‍About MMG

‍MMG Real Estate Advisors is a U.S.-based multifamily research and advisory firm that provides metro-level market intelligence. Their Jacksonville Q3 2025 market report combines data on rent, occupancy, absorption, deliveries and pipeline trends to help owners, developers and investors evaluate timing, risk and positioning. To read the full report, click here.