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Multifamily Units By Segment
Counts the number of multifamily units, reflecting the scale and diversity of the property portfolio. This metric helps assess growth strategy and market presence.MAA’s core unit base is essentially stable — growth has come from non‑same‑store additions and a wave of lease‑ups/deliveries that peaked through 2024. That explains the Q1 drag on new‑lease pricing and elevated concessions in lease‑ups noted on the call: more units coming online temporarily depresses near‑term NOI. Management’s pullback and tighter spend on development, plus strong liquidity and buybacks, signal they’ll prioritize stabilization and yield over aggressive expansion until lease‑ups absorb and pricing normalizes.
Date | Same Store | Non-Same Store | Lease-Up | Development Units Delivered |
|---|---|---|---|---|
Jun 30, 2026 | $96.56K | $4.36K | $1.76K | $193.00 |
Mar 31, 2026 | $96.56K | $4.17K | $1.84K | $217.00 |
Dec 31, 2025 | $96.57K | $4.48K | $1.11K | $660.00 |
Sep 30, 2025 | $96.57K | $4.17K | $1.42K | $412.00 |
Jun 30, 2025 | $96.57K | $2.76K | $2.10K | $549.00 |
Mar 31, 2025 | $96.57K | $2.45K | $2.41K | $322.00 |
Dec 31, 2024 | $97.29K | $1.95K | $2.76K | $73.00 |
Sep 30, 2024 | $97.29K | $2.44K | $1.71K | $506.00 |
Jun 30, 2024 | $97.29K | $2.12K | $1.32K | $737.00 |
Mar 31, 2024 | $97.29K | $2.12K | $1.01K | $458.00 |