Sacramento, CA Multifamily Market Report | Yardi Matrix | Q4 2025

Market Overview

Sacramento delivered 4,662 units through October 2025, its strongest development pace in at least a decade at 3.2% of stock, and the supply wave left a mark: average asking rents slipped to $1,959, down 0.2% on a trailing three-month basis. Year-over-year rent growth turned slightly negative at -0.1%. Occupancy in stabilized assets held steady at 95.3%, above the national 94.7%, suggesting demand absorbed the new units even as pricing softened. Investment activity told a more confident story, with $583 million trading through October, already surpassing all of 2024 by roughly $120 million. The planned $1 billion Cordova City Center, set to break ground next year, adds a structural demand catalyst as the supply cycle moderates heading into 2026.

About Yardi Matrix

Yardi Matrix is a commercial real estate data and research platform serving multifamily investors, developers, and property managers across the U.S. Their Sacramento Multifamily Market Report for December 2025 tracks asking rents, occupancy, completions, and investment volume to help owners and investors assess market conditions and refine investment timing. To read the full report, click here.