Want to see MAA full AI Analyst Report?
Physical Occupancy Rate By Segment
Measures the percentage of occupied units, providing insight into demand and operational efficiency. High occupancy rates suggest strong market demand and effective property management.Stabilized communities’ occupancy has been remarkably steady, anchoring predictable cash flow, while lease‑up occupancy—after volatile swings—has trended up into the high‑60s, aligning with management’s Q1 observation and signaling potential NOI upside as units stabilize and renovation rent lifts convert; however, elevated concessions, localized oversupply (notably Austin and Charlotte) and timing delays to starts temper near‑term upside, so the recovery hinges on absorption outpacing deliveries and the July acceleration in new‑lease pricing.
Date | Stabilized Communities | Lease-Up & Development Communities | Total |
|---|---|---|---|
Jun 30, 2026 | 94.80 | 59.50 | 94.00 |
Mar 31, 2026 | 95.50 | 68.30 | 94.50 |
Dec 31, 2025 | 95.70 | 65.70 | 94.70 |
Sep 30, 2025 | 95.70 | 52.60 | 94.80 |
Jun 30, 2025 | 95.40 | 63.40 | 94.40 |
Mar 31, 2025 | 95.60 | 54.60 | 94.30 |
Dec 31, 2024 | 95.70 | 61.00 | 94.70 |
Sep 30, 2024 | 95.50 | 57.60 | 94.50 |
Jun 30, 2024 | 95.90 | 56.40 | 95.00 |
Mar 31, 2024 | 95.70 | 43.70 | 94.60 |