Matrix Multihousing Sacramento Report-July 2025 July 30, 2025

Sacramento Under Pressure

No new projects broke ground in Sacramento in the first five months of 2025. However, record 2024 deliveries continued to impact advertised asking rents, which were down 0.1 percent on a T3 basis, to $1,947 as of May, 40 basis points below the U.S. growth rate.