$0
Average Rent
$1,431 average rent in Jacksonville, Q3 2026
0%
Occupancy Rate
91% occupancy rate Jacksonville, Q3 2026
0
T4Q Net Absorption
5,207 T4Q net absorption in Jacksonville, Q3 2026
0%
Annual Rent Change
1% annual rent change in Jacksonville, Q3 2026
0
BPS Annual Occupancy Change
70 BPS annual occupancy change in Jacksonville, Q3 2026
0
T4Q Unit Completions
2,819 T4Q net absorption in Jacksonville, Q3 2026
KEY TAKEAWAYS
- Jacksonville’s rental market fundamentals are clearly strengthening, with trailing four-quarter absorption nearly double new completions and demand remaining broad-based across nearly all submarkets.
- The construction pipeline has contracted sharply from its 2023 peak, with both starts and deliveries declining in tandem, positioning the market for continued easing of supply-side pressure through 2027.
- Rent growth has turned decisively positive after an extended stretch of softness, with Jacksonville ranking second among regional peer markets, even as occupancy recovery continues at a steadier, somewhat slower than average pace.
MARKET OUTLOOK
Jacksonville’s multifamily market is emerging from its recent supply cycle in a clearly stronger position. The construction pipeline has contracted sharply from its 2023 peak, with both starts and deliveries continuing to decline in tandem, and demand remains well ahead of new supply…
Jacksonville Advisors
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Florida
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Region
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