Orange County Multifamily Market Tightens as Cap Rates Expand 60 Basis Points YoY

Average rents climb to $2,679 per unit while vacancy holds at 3.8 percent Orange County's multifamily market closed 2025 with vacancy holding steady at 3.8 percent while cap rates expanded 60 basis points year-over-year to 5 percent, reflecting shifting investor dynamics despite continued rental growth, according to Kidder Mathews' fourth quarter report. Average asking rents […]