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Equity Residential Provides Operating Update

Equity Residential (EQR) | September 2, 2025

By Zane Campbell

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Equity Residential provided an update on same store operating trends.

Same store revenue growth remains on track within the Company's guidance range.

The Company expects to achieve same store revenue growth of 2.6% to 3.2% for the full year of 2025.

Revenue Growth

Expected same store revenue growth of 2.6% to 3.2% for 2025.

Physical Occupancy

Anticipated Physical Occupancy of 96.4% for the full year.

Blended Rate Growth

Reaffirms third quarter 2025 Blended Rate growth guidance of 2.2% to 2.8%.

  • Equity Residential is finishing the primary leasing season with high Physical Occupancy and strong retention.
  • The Company's focus on creating communities where people thrive contributes to its sustainable growth.
  • With a presence in dynamic cities, Equity Residential aims to attract affluent long-term renters.

Equity Residential reaffirms its commitment to community-building and sustainable growth in the residential property sector.