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Santa Rosa rent growth cools as new multifamily units come online

Openings are reshaping the rental landscape, with absorption lagging behind deliveries
By Cody Gibbs, Catherine Yeh
CoStar Analytics
August 29, 2025 | 6:15 P.M.

Multifamily rent growth in Santa Rosa, California, fell 0.5% in July, making way for annual rent growth to decline for the first time since January, based on CoStar’s Daily Asking Rent series.

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News | Santa Rosa rent growth cools as new multifamily units come online