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.
An increase indicates higher occupancy or rental rate growth in the Seattle portfolio, while a decrease suggests softening demand or competitive pricing pressure.
This represents the total rental revenue generated from residential apartment units within the Seattle geographic segmen...
Comparable to 'Rental Revenue' or 'Gross Property Income' reported by other multi-family REITs.
eqr_segment_seattle_operating_lease_lease_income| 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 | $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% |