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Forecast Sees Single-Digit Rent Growth in Southern California

Apartment rent hikes forecast to be 3% to 7% through 2026.

By Jack Rogers | November 18, 2024 at 06:09 AM

A new forecast is projecting modest single-digit apartment rent increases in Southern California counties through the middle of 2026, with Inland Empire rents posting the largest rent growth in the region at 7%.

USC’s Casden Multifamily Forecast, which projects rent increases through mid-2026 in comparison to rent levels in the summer of 2024, said a persistent housing shortage will keep rents on an upward trajectory in SoCal, the Orange County Register reported.

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