Figures

Sacramento Multifamily Figures Q3 2026

October 27, 2026 5 Minute Read

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  • There was a total of 1,030 units delivered in Q3 (0.6% of inventory), which lifted inventory 1.7% YoY. Year-to-date deliveries of 2,465 are up 67% YoY, led by South Sacramento (323), Natomas (303), and Roseville/Rocklin (192).

  • Net absorption fell to 492 units from 1,687 in Q2, pushing vacancy up 29 bps QoQ to 4.6%, flat YoY. Year-to-date absorption (3,186) still exceeds deliveries.
  • Rents turned positive and reached $2,039 per unit, up 0.9% QoQ and YoY, the first annual gain in four quarters.

  • Folsom/Orangevale/Fair Oaks (+5.2%) and Roseville/Rocklin (+2.6%) lead rent growth, while Natomas (-2.7%) lags amid 303 new units. Central Sacramento vacancy is 8.3%.

  • There were twelve trades totaling $160Mand 1,134 units changed hands during the quarter, roughly half of Q2’s total.