Same Store — Property taxes
AvalonBay Communities Same Store — Property taxes increased by 15.2% to $82.04M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.8%, from $76.84M to $82.04M. Over 3 years (FY 2022 to FY 2025), Same Store — Property taxes shows an upward trend with a 5.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase may signal rising local tax assessments or higher tax rates, which can compress operating margins if not offset by rent growth.
Detailed definition
This represents the total property tax expenses incurred by the stabilized portfolio. Property taxes are a significant,...
Peer comparison
Standard operating expense for all real estate owners; highly dependent on local jurisdiction tax policies.
avb_segment_same_store_property_taxesHistorical Data
| 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 | $65.13M | $65.13M | $65.13M | $65.13M | $71.91M | $71.91M | $71.91M | $71.91M | $76.12M | $76.38M | $77.54M | $71.66M | $76.84M | $78.09M | $80.24M | $71.24M | $82.04M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +10.4% | +0.0% | +0.0% | +0.0% | +5.9% | +0.3% | +1.5% | -7.6% | +7.2% | +1.6% | +2.8% | -11.2% | +15.2% |
| YoY Change | — | — | — | — | +10.4% | +10.4% | +10.4% | +10.4% | +5.9% | +6.2% | +7.8% | -0.3% | +0.9% | +2.2% | +3.5% | -0.6% | +6.8% |
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Frequently Asked Questions
- What is AvalonBay Communities's same store — property taxes?
- AvalonBay Communities (AVB) reported same store — property taxes of $82.04M in Q1 2026.
- How has AvalonBay Communities's same store — property taxes changed year-over-year?
- AvalonBay Communities's same store — property taxes increased by 6.8% year-over-year, from $76.84M to $82.04M.
- What is the long-term trend for AvalonBay Communities's same store — property taxes?
- Over 3 years (2022 to 2025), AvalonBay Communities's same store — property taxes has grown at a 5.6% compound annual growth rate (CAGR), from $260.51M to $306.41M.
- What does same store — property taxes mean?
- The total expense paid for property taxes on the stabilized portfolio.