Discontinued — last reported Q4 '25
Rental income
Equity Residential Rental income decreased by 0.3% to $779.85M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.5%, from $760.81M to $779.85M. Over 4 years (FY 2021 to FY 2025), Rental income shows an upward trend with a 5.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates higher utilization of the rental fleet or increased demand for short-term asset access.
Detailed definition
This represents revenue derived from leasing assets, such as machinery or real estate, to third parties for a specified...
Peer comparison
Common in capital-intensive industries that offer equipment-as-a-service models.
rental_incomeHistorical Data
| 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 | $598.06M | $623.21M | $645.13M | $653.35M | $687.03M | $695.10M | $699.70M | $705.09M | $717.31M | $724.07M | $727.50M | $730.82M | $734.16M | $748.35M | $766.78M | $760.81M | $768.83M | $782.41M | $781.91M | $779.85M |
| QoQ Change | — | +4.2% | +3.5% | +1.3% | +5.2% | +1.2% | +0.7% | +0.8% | +1.7% | +0.9% | +0.5% | +0.5% | +0.5% | +1.9% | +2.5% | -0.8% | +1.1% | +1.8% | -0.1% | -0.3% |
| YoY Change | — | — | — | — | +14.9% | +11.5% | +8.5% | +7.9% | +4.4% | +4.2% | +4.0% | +3.6% | +2.3% | +3.4% | +5.4% | +4.1% | +4.7% | +4.6% | +2.0% | +2.5% |
| % of Total Revenue | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 66.1% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Share Change | — | +0.0pp | +0.0pp | +0.0pp | +0.0pp | +0.0pp | -33.9pp | +33.9pp | +0.0pp | +0.0pp | +0.0pp | +0.0pp | +0.0pp | +0.0pp | +0.0pp | +0.0pp | +0.0pp | +0.0pp | +0.0pp | +0.0pp |
Product Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Other Rental Income | $33.40M | $33.54M | $8.24M | $25.33M | $26.17M | $27.87M | $25.36M | $22.62M |
| Other Revenue | $22.36M | $22.70M | -$3.29M | $14.65M | $15.29M | $17.29M | $14.24M | $11.97M |
| Parking Revenue | $11.04M | $10.84M | $11.53M | $10.67M | $10.88M | $10.58M | $11.13M | $10.64M |
| Total | $734.16M | $748.35M | $766.78M | $760.81M | $768.83M | $782.41M | $781.91M | $779.85M |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Same Store | $718.17M | $722.31M | $672.14M | $715.80M | $727.04M | $727.56M | $676.75M | $746.48M |
| Non Same Store And Other | $15.99M | $26.04M | — | — | — | — | — | — |
| Total | $734.16M | $748.35M | $766.78M | $760.81M | $768.83M | $782.41M | $781.91M | $779.85M |
Non Same Store And Other was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Geographic Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| San Francisco | $108.73M | $108.96M | $105.32M | $110.83M | $114.50M | $116.27M | $115.12M | $120.15M |
| Los Angeles | $120.12M | $120.21M | $120.11M | $120.94M | $121.55M | $122.41M | $112.40M | $119.45M |
| Boston | $82.08M | $81.94M | $82.66M | $81.70M | $82.92M | $80.42M | $76.45M | $81.08M |
| Seattle | $74.79M | $75.03M | $61.88M | $71.78M | $69.77M | $70.74M | $58.29M | $67.05M |
| Orange County | $31.17M | $31.49M | $31.45M | $31.85M | $31.96M | $32.22M | $32.43M | $32.51M |
| Non Same Store | $14.60M | $25.39M | $45.55M | $43.60M | $40.93M | $51.87M | $61.59M | $32.00M |
| Denver | $18.00M | $19.65M | $17.54M | $19.17M | $19.20M | $18.88M | $18.42M | $25.70M |
| Atlanta | — | — | — | — | — | — | — | $23.76M |
| San Diego | $25.99M | $25.97M | $19.19M | $21.11M | $21.29M | $21.48M | $21.43M | $21.38M |
| Dallas Austin | — | — | — | — | — | — | — | $18.63M |
| Other Expansion Markets | $18.65M | $18.25M | $17.88M | $19.84M | $21.41M | $21.20M | $19.28M | — |
| Total | $734.16M | $748.35M | $766.78M | $760.81M | $768.83M | $782.41M | $781.91M | $779.85M |
Other Expansion Markets was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Rental income at Other Companies
Frequently Asked Questions
- What is Equity Residential's rental income?
- Equity Residential (EQR) reported rental income of $779.85M in Q1 2026.
- How has Equity Residential's rental income changed year-over-year?
- Equity Residential's rental income increased by 2.5% year-over-year, from $760.81M to $779.85M.
- What is the long-term trend for Equity Residential's rental income?
- Over 4 years (2021 to 2025), Equity Residential's rental income has grown at a 5.9% compound annual growth rate (CAGR), from $2.46B to $3.09B.
- What does rental income mean?
- Revenue generated from renting out company-owned assets.