{"id":991409,"date":"2026-08-06T13:35:26","date_gmt":"2026-08-06T17:35:26","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/apartments-com-and-costar-release-a-multifamily-vacancy-update-for-q2-2026\/"},"modified":"2026-08-06T13:35:26","modified_gmt":"2026-08-06T17:35:26","slug":"apartments-com-and-costar-release-a-multifamily-vacancy-update-for-q2-2026","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/apartments-com-and-costar-release-a-multifamily-vacancy-update-for-q2-2026\/","title":{"rendered":"Apartments.com and CoStar Release a Multifamily Vacancy Update for Q2 2026"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Apartments.com and CoStar Release a Multifamily Vacancy Update for Q2 2026<\/b><\/p>\n<p>ARLINGTON, Va.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nToday, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.apartments.com%2F&amp;esheet=54583262&amp;newsitemid=20260806704186&amp;lan=en-US&amp;anchor=Apartments.com&amp;index=1&amp;md5=222e010ac2437187acb213708701cbe8\">Apartments.com<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.costargroup.com%2F&amp;esheet=54583262&amp;newsitemid=20260806704186&amp;lan=en-US&amp;anchor=CoStar&amp;index=2&amp;md5=cea07195775af35fd63ca2553c84235b\">CoStar<\/a>, the leading global provider of online real estate marketplaces, information and analytics in the property markets, released its latest update on U.S. multifamily vacancy trends, showing improving market conditions as apartment demand continues to absorb the recent wave of new supply.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260806704186\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260806704186\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260806704186\/en\/2867889\/4\/Vacancy_Q2_Charts.jpg\" alt=\"US apartment vacancy declines from recent high\" \/><\/p>\n<p style=\"font-size:85%\">US apartment vacancy declines from recent high<\/p>\n<\/div>\n<p>\nThe national apartment vacancy rate declined to 8.2% in the second quarter of 2026, down 26 basis points from the prior quarter and 14 basis points from one year earlier. The improvement reflects stronger renter demand and a moderation in apartment deliveries as the industry&#8217;s construction pipeline continues to shrink.<\/p>\n<p>\nU.S. apartment absorption totaled approximately 164,000 units during the second quarter, a 13% increase from one year ago. At the same time, apartment deliveries fell to roughly 118,000 units, down 22% year over year. As a result, demand exceeded new supply by more than 45,000 units during the quarter.<\/p>\n<p>\n&#8220;Apartment market conditions continued to improve during the second quarter as renter demand remained healthy while new supply pressures eased,&#8221; said Grant Montgomery, national director of U.S. multifamily analytics at CoStar Group. &#8220;Although operating conditions vary across markets, the national supply-demand balance has become increasingly favorable over the past year.&#8221;<\/p>\n<p>\nThe improvement comes as apartment construction activity continues to contract nationally. Annual apartment deliveries have begun to moderate from recent highs and are expected to continue trending lower as fewer projects remain under construction.<\/p>\n<p>\nRegional performance remained uneven during the second quarter. The Northeast and Pacific regions reported the lowest vacancy rates at 5.1% and 5.7%, respectively, while vacancy rates remained highest in the South (at 10.8%) and Mountain region (at 10.2%). Despite those differences, vacancy rates generally stabilized or improved across many markets as new supply pressures eased.<\/p>\n<p>\nMarket conditions remain uneven across the country, though several high-supply markets have begun to show improvement as construction activity slows. Austin&#8217;s vacancy rate declined to 12.3% in the second quarter, nearly 300 basis points below year-ago levels as new deliveries fell sharply. Raleigh also posted a notable improvement, with vacancy declining more than 240 basis points year over year to 9.0% as supply pressures eased.<\/p>\n<p>\nThe full analysis can be found <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.costar.com%2Farticle%2F2018136521%2Fas-most-renters-focus-on-newest-apartments-existing-properties-face-elevated-vacancy-risk&amp;esheet=54583262&amp;newsitemid=20260806704186&amp;lan=en-US&amp;anchor=here&amp;index=3&amp;md5=37ccd38a9195f3e906c52daacad3205a\">here<\/a>.<\/p>\n<p>\nFor more information about the company and its products and services, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.costargroup.com&amp;esheet=54583262&amp;newsitemid=20260806704186&amp;lan=en-US&amp;anchor=costargroup.com&amp;index=4&amp;md5=640ab6d0545ee688d8807de08cf932b1\">costargroup.com<\/a>.<\/p>\n<p><b><span class=\"bwuline\">About CoStar Group<\/span><\/b><\/p>\n<p>\nCoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world\u2019s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.<\/p>\n<p>\nCoStar Group\u2019s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia\u2019s leading property marketplaces. CoStar Group\u2019s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.<\/p>\n<p>\nCoStar Group\u2019s websites attracted over 118 million average monthly unique visitors in the second quarter of 2026, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fnam04.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.costargroup.com%252F%26data%3D05%257C02%257Ckcapova%2540str.com%257C5c7d5fa16d1f492b629108dd711cdcdd%257C9a64e7ca363f441c9aa74f85977c09f1%257C0%257C0%257C638791090977538834%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DzTGAkD6jkqwLHG5sxi4cxjyWf4Kr6%252Fa1GJmsgxQJhCo%253D%26reserved%3D0&amp;esheet=54583262&amp;newsitemid=20260806704186&amp;lan=en-US&amp;anchor=CoStarGroup.com&amp;index=5&amp;md5=08b45be6b2adc37dfc6cf1e54a521f1b\">CoStarGroup.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260806704186r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260806704186\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260806704186\/en\/<\/a><\/span><\/p>\n<p><b>News Media Contacts<br \/>\n<\/b><br \/>Haley Luther<br \/>\n<br \/>Senior Communications Manager<br \/>\n<br \/>(216) 278-0627<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:hluther@costar.com\">hluther@costar.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Virginia United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Data Analytics Professional Services Residential Building &amp; Real Estate Commercial Building &amp; Real Estate Construction &amp; Property<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260806704186\/en\/2867889\/3\/Vacancy_Q2_Charts.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">US apartment vacancy declines from recent high<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260806704186\/en\/2867887\/3\/COSTAR_BW_LOGO.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Apartments.com and CoStar Release a Multifamily Vacancy Update for Q2 2026 ARLINGTON, Va.&#8211;(BUSINESS WIRE)&#8211; Today, Apartments.com and CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets, released its latest update on U.S. multifamily vacancy trends, showing improving market conditions as apartment demand continues to absorb the recent wave of new supply. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260806704186\/en\/ US apartment vacancy declines from recent high The national apartment vacancy rate declined to 8.2% in the second quarter of 2026, down 26 basis points from the prior quarter and 14 basis points from one year earlier. The improvement reflects stronger renter demand and a moderation in apartment deliveries as &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/apartments-com-and-costar-release-a-multifamily-vacancy-update-for-q2-2026\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Apartments.com and CoStar Release a Multifamily Vacancy Update for Q2 2026&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-991409","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Apartments.com and CoStar Release a Multifamily Vacancy Update for Q2 2026 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/apartments-com-and-costar-release-a-multifamily-vacancy-update-for-q2-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Apartments.com and CoStar Release a Multifamily Vacancy Update for Q2 2026 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Apartments.com and CoStar Release a Multifamily Vacancy Update for Q2 2026 ARLINGTON, Va.&#8211;(BUSINESS WIRE)&#8211; Today, Apartments.com and CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets, released its latest update on U.S. multifamily vacancy trends, showing improving market conditions as apartment demand continues to absorb the recent wave of new supply. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260806704186\/en\/ US apartment vacancy declines from recent high The national apartment vacancy rate declined to 8.2% in the second quarter of 2026, down 26 basis points from the prior quarter and 14 basis points from one year earlier. 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This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260806704186\/en\/ US apartment vacancy declines from recent high The national apartment vacancy rate declined to 8.2% in the second quarter of 2026, down 26 basis points from the prior quarter and 14 basis points from one year earlier. 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