Geographic · Operating Lease Lease Income

Southern California — Operating Lease Lease Income

Equity Residential Southern California — Operating Lease Lease Income increased by 4.3% to $173.33M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.3%, from $173.89M to $173.33M. Over 4 years (FY 2021 to FY 2025), Southern California — Operating Lease Lease Income shows relatively stable performance with a 1.8% 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 region, while a decrease suggests softening demand or pricing pressure.

Detailed definition

Represents the total rental revenue generated from residential apartment units within the Southern California geographic...

Peer comparison

Standard across REITs as 'Rental Revenue' or 'Property Revenue' by segment.

Metric ID: eqr_segment_southern_california_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$152.73M$158.73M$180.04M$165.06M$178.49M$172.65M$170.86M$169.71M$175.57M$179.38M$168.85M$176.19M$177.28M$177.67M$170.75M$173.89M$174.80M$176.11M$166.26M$173.33M
QoQ Change+3.9%+13.4%-8.3%+8.1%-3.3%-1.0%-0.7%+3.5%+2.2%-5.9%+4.4%+0.6%+0.2%-3.9%+1.8%+0.5%+0.8%-5.6%+4.3%
YoY Change+16.9%+8.8%-5.1%+2.8%-1.6%+3.9%-1.2%+3.8%+1.0%-1.0%+1.1%-1.3%-1.4%-0.9%-2.6%-0.3%
Range$152.73M$180.04M
CAGR+2.7%
Avg YoY Growth+1.4%
Median YoY Growth-0.6%

Frequently Asked Questions

What is Equity Residential's southern california — operating lease lease income?
Equity Residential (EQR) reported southern california — operating lease lease income of $173.33M in Q1 2026.
How has Equity Residential's southern california — operating lease lease income changed year-over-year?
Equity Residential's southern california — operating lease lease income decreased by 0.3% year-over-year, from $173.89M to $173.33M.
What is the long-term trend for Equity Residential's southern california — operating lease lease income?
Over 4 years (2021 to 2025), Equity Residential's southern california — operating lease lease income has grown at a 1.8% compound annual growth rate (CAGR), from $642.50M to $691.06M.
What does southern california — operating lease lease income mean?
Total rental income earned from properties located in Southern California.