Sacramento Multifamily Market Report – March 2025

Market Overview

Sacramento kicked off 2025 with seasonal rent moderation, as asking rents fell 0.3% over the trailing three months to $1,941. Occupancy in stabilized properties climbed to 95.0%, supported by limited new supply and steady demand. The metro’s job market slowed, with year-over-year growth at 1.8%, yet remained above the national average. With 8,993 units under construction and only 729 new starts since September, future supply pressure is expected to ease, potentially supporting modest rent growth in the year ahead.

About Yardi Matrix

Yardi Matrix’s Sacramento multifamily report presents deep insights into rent trends, occupancy, job growth, and construction activity. With coverage across asset classes and submarkets, the publication supports asset managers, lenders, and investors seeking clarity in an evolving market. As part of Yardi’s national network, the Matrix platform delivers data-backed research used by top-tier stakeholders in multifamily real estate.