Matrix Multifamily Jacksonville Report-April 2026 April 22, 2026

Supply weighs on Jacksonville

Heavy deliveries continued to pressure fundamentals in Jacksonville, with advertised asking rents down 1.4 percent YoY through February to $1,488 and occupancy sliding 10 bps to 92.6 percent. Meanwhile, employment growth moderated to 1.0 percent in 2025, ahead of the 0.6 percent U.S. average.