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Orange County multifamily rent growth remains weak

Newport Beach leads; Anaheim, North and South County lag
CoStar Analytics
October 3, 2025 | 2:51 P.M.

Orange County’s multifamily market posted subdued rent growth in the third quarter of 2025, with most submarkets experiencing modest gains and several showing signs of stagnation. Property managers are taking a cautious approach due to lackluster organic demand generated by employment growth, renter affordability pressures, and perhaps economic uncertainty and inflation weighing on the ability to increase rents.

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