Business Segments · Operating Expenses

Same Store — Operating Expenses

AvalonBay Communities Same Store — Operating Expenses increased by 11.5% to $225.54M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.5%, from $215.83M to $225.54M. Over 3 years (FY 2022 to FY 2025), Same Store — Operating Expenses shows an upward trend with a 6.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

An increase may signal rising inflation in property management costs or aging infrastructure, while a decrease suggests improved operational efficiency.

Detailed definition

This metric represents the total costs incurred to operate and maintain the established portfolio of properties that hav...

Peer comparison

Standard across REITs as 'Same Store Operating Expenses' or 'Property Operating Expenses'.

Metric ID: avb_segment_same_store_operating_expenses

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$179.54M$179.54M$179.54M$179.54M$197.41M$197.41M$197.41M$197.41M$207.52M$205.54M$215.36M$200.60M$215.83M$213.10M$225.43M$202.26M$225.54M
QoQ Change+0.0%+0.0%+0.0%+10.0%+0.0%+0.0%+0.0%+5.1%-1.0%+4.8%-6.9%+7.6%-1.3%+5.8%-10.3%+11.5%
YoY Change+10.0%+10.0%+10.0%+10.0%+5.1%+4.1%+9.1%+1.6%+4.0%+3.7%+4.7%+0.8%+4.5%
Range$179.54M$225.54M
CAGR+5.9%
Avg YoY Growth+6.0%
Median YoY Growth+4.7%

Frequently Asked Questions

What is AvalonBay Communities's same store — operating expenses?
AvalonBay Communities (AVB) reported same store — operating expenses of $225.54M in Q1 2026.
How has AvalonBay Communities's same store — operating expenses changed year-over-year?
AvalonBay Communities's same store — operating expenses increased by 4.5% year-over-year, from $215.83M to $225.54M.
What is the long-term trend for AvalonBay Communities's same store — operating expenses?
Over 3 years (2022 to 2025), AvalonBay Communities's same store — operating expenses has grown at a 6.1% compound annual growth rate (CAGR), from $718.18M to $856.62M.
What does same store — operating expenses mean?
The total cost to run and maintain the company's established, long-term apartment properties.