Products & Services · Operating Lease Lease Income

Other Rental Income — Operating Lease Lease Income

Equity Residential Other Rental Income — Operating Lease Lease Income decreased by 10.8% to $22.62M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.7%, from $25.33M to $22.62M. Over 4 years (FY 2021 to FY 2025), Other Rental Income — Operating Lease Lease Income shows relatively stable performance with a 1.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

An increase suggests successful monetization of ancillary services or higher utilization of non-core rental assets, while a decrease may indicate reduced demand for secondary amenities or a shift in service offerings.

Detailed definition

This metric represents the revenue generated from operating leases within the company's secondary or ancillary rental in...

Peer comparison

Peers in the multi-family REIT sector typically report this under ancillary income or other property-level revenue, with variations based on the breadth of services offered.

Metric ID: eqr_segment_other_rental_income_operating_lease_lease_income

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$23.21M$26.38M$26.33M$26.27M$29.19M$30.10M$31.24M$28.69M$32.76M$32.37M$32.56M$31.13M$33.40M$33.54M$8.24M$25.33M$26.17M$27.87M$25.36M$22.62M
QoQ Change+13.7%-0.2%-0.2%+11.1%+3.1%+3.8%-8.2%+14.2%-1.2%+0.6%-4.4%+7.3%+0.4%-75.4%+207.3%+3.3%+6.5%-9.0%-10.8%
YoY Change+25.8%+14.1%+18.6%+9.2%+12.2%+7.5%+4.2%+8.5%+1.9%+3.6%-74.7%-18.7%-21.6%-16.9%+207.8%-10.7%
Range$8.24M$33.54M
CAGR-0.5%
Avg YoY Growth+10.7%
Median YoY Growth+5.9%
Current Streak2 quarters decline

Frequently Asked Questions

What is Equity Residential's other rental income — operating lease lease income?
Equity Residential (EQR) reported other rental income — operating lease lease income of $22.62M in Q1 2026.
How has Equity Residential's other rental income — operating lease lease income changed year-over-year?
Equity Residential's other rental income — operating lease lease income decreased by 10.7% year-over-year, from $25.33M to $22.62M.
What is the long-term trend for Equity Residential's other rental income — operating lease lease income?
Over 4 years (2021 to 2025), Equity Residential's other rental income — operating lease lease income has grown at a 1.3% compound annual growth rate (CAGR), from $99.55M to $104.72M.
What does other rental income — operating lease lease income mean?
Revenue earned from secondary rental activities and ancillary lease agreements outside of primary residential unit leasing.