Geographic · Operating Lease Lease Income

Seattle — Operating Lease Lease Income

Equity Residential Seattle — Operating Lease Lease Income increased by 15.0% to $67.05M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.6%, from $71.78M to $67.05M. Over 4 years (FY 2021 to FY 2025), Seattle — Operating Lease Lease Income shows an upward trend with a 2.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

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

How to read this metric

An increase indicates higher occupancy or rental rate growth in the Seattle portfolio, while a decrease suggests softening demand or competitive pricing pressure.

Detailed definition

This represents the total rental revenue generated from residential apartment units within the Seattle geographic segmen...

Peer comparison

Comparable to 'Rental Revenue' or 'Gross Property Income' reported by other multi-family REITs.

Metric ID: eqr_segment_seattle_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$62.60M$63.94M$55.10M$67.13M$70.13M$72.76M$72.89M$74.56M$74.73M$73.35M$70.54M$73.83M$74.79M$75.03M$61.88M$71.78M$69.77M$70.74M$58.29M$67.05M
QoQ Change+2.1%-13.8%+21.8%+4.5%+3.7%+0.2%+2.3%+0.2%-1.8%-3.8%+4.7%+1.3%+0.3%-17.5%+16.0%-2.8%+1.4%-17.6%+15.0%
YoY Change+12.0%+13.8%+32.3%+11.1%+6.6%+0.8%-3.2%-1.0%+0.1%+2.3%-12.3%-2.8%-6.7%-5.7%-5.8%-6.6%
Range$55.10M$75.03M
CAGR+1.5%
Avg YoY Growth+2.2%
Median YoY Growth-0.4%

Frequently Asked Questions

What is Equity Residential's seattle — operating lease lease income?
Equity Residential (EQR) reported seattle — operating lease lease income of $67.05M in Q1 2026.
How has Equity Residential's seattle — operating lease lease income changed year-over-year?
Equity Residential's seattle — operating lease lease income decreased by 6.6% year-over-year, from $71.78M to $67.05M.
What is the long-term trend for Equity Residential's seattle — operating lease lease income?
Over 4 years (2021 to 2025), Equity Residential's seattle — operating lease lease income has grown at a 2.5% compound annual growth rate (CAGR), from $245.49M to $270.57M.
What does seattle — operating lease lease income mean?
The total rental income earned from properties located in the Seattle market.