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.
An increase indicates higher occupancy or rental rate growth in the region, while a decrease suggests softening demand or pricing pressure.
Represents the total rental revenue generated from residential apartment units within the Southern California geographic...
Standard across REITs as 'Rental Revenue' or 'Property Revenue' by segment.
eqr_segment_southern_california_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 | $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% |