Q2 2025 Sacramento Multifamily Market Report

Market Overview

Sacramento’s multifamily market posted a strong Q2 2025, with occupancy gains marking the highest level in three years despite record levels of new supply. Demand continues to outstrip development, as evidenced by the rising occupancy rate, even as regional construction activity declined by approximately 13.8 percent. Submarkets like South Sacramento and Elk Grove led rent growth, with a notable 155-basis-point increase in occupancy over the past year.

About Colliers

Colliers is a global real estate services firm headquartered in Toronto and active in more than 60 countries. The firm provides comprehensive brokerage, capital markets, valuation, advisory, and research services. Colliers’ multifamily reports blend up-to-date market metrics with local perspectives to help investors, owners, and developers assess supply-demand balance and guide strategic decisions.