Inland Empire, CA Multifamily Market Report | Yardi Matrix | Q4 2025

Market Overview

The Inland Empire's multifamily fundamentals showed resilience heading into Q4 2025, even as developers delivered 6,030 units through October, nearly triple the metro's 10-year average pace. Average asking rents held flat on a trailing three-month basis at $2,165, outperforming the national average, which slid to $1,743. Year-over-year, rents climbed 1.7% against a 0.5% national gain. Occupancy in stabilized assets rose 20 basis points to 95.4% in September. With 7,235 units still under construction and investment totaling $756 million through October, supply pressure will persist, but demand fundamentals continue to absorb it.

About Yardi Matrix

Yardi Matrix is a national commercial real estate data and analytics firm serving investors, developers, and property managers across asset classes. Their Inland Empire December 2025 multifamily market report covers asking rents, occupancy, and construction pipeline activity to help owners and investors assess market conditions. To read the full report, click here.