Lee & Assosciates 2025 Q3 East Bay CA Multifamily

Market Overview

‍Demand in the East Bay, California multifamily market is holding up with occupancy near the low 90-percent range even as new deliveries have picked up. Asking rents have ticked upward, reflecting the area’s constrained land and regulatory environment. Meanwhile the pipeline remains relatively moderate compared with other California metros, positioning the market for tighter fundamentals over the next 12–18 months.

‍About Lee & Associates

‍Lee & Associates is a full-service commercial real estate advisory firm with offices across North America. Their East Bay multifamily report integrates regional data on rent trends, vacancy, absorption, deliveries and development pipeline to support owners, developers and investors in making well-informed strategic decisions. To read the full report, click here.