AvalonBay Communities Same Store — Cost of Property Repairs and Maintenance increased by 3.8% to $39.25M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.5%, from $38.30M to $39.25M. Over 3 years (FY 2022 to FY 2025), Same Store — Cost of Property Repairs and Maintenance shows an upward trend with a 8.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising costs may indicate aging infrastructure or a strategic decision to invest more in property upkeep to maintain competitive positioning.
This metric tracks the recurring costs associated with keeping the stabilized properties in good condition, including ro...
Standard operating expense; peers with older portfolios often report higher maintenance costs relative to revenue.
avb_segment_same_store_cost_of_property_repairs_and_maintenance| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $31.53M | $31.53M | $31.53M | $31.53M | $35.28M | $35.28M | $35.28M | $35.28M | $33.58M | $37.77M | $42.07M | $33.77M | $38.30M | $38.81M | $45.00M | $37.81M | $39.25M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +11.9% | +0.0% | +0.0% | +0.0% | -4.8% | +12.5% | +11.4% | -19.7% | +13.4% | +1.3% | +16.0% | -16.0% | +3.8% |
| YoY Change | — | — | — | — | +11.9% | +11.9% | +11.9% | +11.9% | -4.8% | +7.1% | +19.3% | -4.3% | +14.1% | +2.8% | +7.0% | +12.0% | +2.5% |