Lee & Assosciates 2025 Q3 LA - Tri-Cities CA Multifamily

Market Overview

‍In the Q3 2025 multifamily market for the Tri-Cities region of Los Angeles, the sub-market continues to face elevated vacancy and new-supply pressures that are outpacing tenant demand. Rent growth remains tepid as leasing activity slows relative to prior years. However, construction starts have begun to decline, which could signal a shift toward improved supply–demand balance heading into 2026.

‍About Lee & Associates

‍Lee & Associates is a full-service commercial real estate services firm with local offices across the U.S. Their Tri-Cities multifamily report aggregates regional rent, occupancy, absorption, delivery and development pipeline data to support owners, developers and investors in making informed strategic decisions. To read the full report, click here.