Last updated: April 8, 2026
- Q1 ’26 data shows a general continuation of price per unit. Annual rent multipliers became erratic starting in mid 2022. The average annual GRM stood at 12.4 for all of 2025 with 2026 settling at 12.2. The data indicates generally leveling out GRM’s. Note that GRM’s can vary based on upside income potential, unit type & size, average unit size, and various other factors. Duplex GRM;s tend to be higher than quadraplex GRM;s.
- Affordability (traditional) is not a factor yet as it has bounced upward during Q4 2025. Figures for 2026 aren’t available yet.
- Job growth continues upward thereby helping to support occupancy.
- Click on the 1st graph for enlarged view
