AvalonBay Communities Same Store — Total NOI increased by 8.2% to $485.88M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.1%, from $485.45M to $485.88M. Over 4 years (FY 2021 to FY 2025), Same Store — Total NOI shows an upward trend with a 8.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Higher NOI indicates strong rental demand, effective pricing power, and disciplined expense management.
Net Operating Income (NOI) for the same-store portfolio is calculated by subtracting property-level operating expenses f...
A universal metric for REITs, often compared against peers to assess relative asset quality and market strength.
avb_segment_same_store_total_noi| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $344.49M | $344.49M | $344.49M | $390.42M | $390.42M | $390.42M | $390.42M | $438.78M | $438.78M | $438.78M | $438.78M | $473.07M | $470.37M | $460.99M | $446.74M | $485.45M | $482.09M | $466.50M | $448.86M | $485.88M |
| QoQ Change | — | +0.0% | +0.0% | +13.3% | +0.0% | +0.0% | +0.0% | +12.4% | +0.0% | +0.0% | +0.0% | +7.8% | -0.6% | -2.0% | -3.1% | +8.7% | -0.7% | -3.2% | -3.8% | +8.2% |
| YoY Change | — | — | — | — | +13.3% | +13.3% | +13.3% | +12.4% | +12.4% | +12.4% | +12.4% | +7.8% | +7.2% | +5.1% | +1.8% | +2.6% | +2.5% | +1.2% | +0.5% | +0.1% |