Los Angeles Set to Reach Peak Apartment Supply in 2026

Urban skyline with palm trees alongside a busy highway during sunset in a city.
Photo of Charlotte Wheeler, Real Estate Writer
by   Charlotte Wheeler
  Posted   March 9, 2026
  in   Los Angeles

While most major markets reached peak apartment supply in 2024 and 2025, Los Angeles is slated to receive its largest volume of new supply on record in 2026.

Apartment developers wrapped up construction on roughly 9,000 units across the Los Angeles market during calendar 2025. In calendar 2026, about 12,300 units are scheduled for completion in LA, according to RealPage Market Analytics. If construction timelines hold, that would be largest delivery load since RealPage began tracking the market in 2000 and the nation’s fifth-largest completion volume.

In addition, Los Angeles is expecting the nation’s biggest ramp up in completions during 2026, with nearly 3,400 more units scheduled to deliver during the year than the market delivered in 2025. Only 11 of the nation’s 50 largest apartment markets are expecting more new supply in 2026 than they received in 2025.

Bar chart showing Los Angeles annual supply peaking in 2026 with net inventory growth trends from 2017 to 2027.

Although Los Angeles’ scheduled completions for this calendar year are expected to reach historic levels, inventory expansion will remain modest. With the market’s existing unit count at nearly 1.17 million, the record-setting completions in 2026 will only expand inventory 1.1%. While that is a notable expansion rate for Los Angeles, it is low by national standards. The U.S. overall is expected to see inventory growth of 1.6% in 2026.

Nearly half of Los Angeles’ apartment deliveries in 2026 are expected in just three submarkets. The biggest supply load of nearly 3,000 units is scheduled for Mid-Wilshire this year, followed by Hollywood (1,398 units) and Southeast Los Angeles (1,372 units).

Table displaying LA submarkets with scheduled supply for 2026, annual inventory change, and occupancy rates.

Mid-Wilshire, the largest of LA’s submarkets with nearly 130,000 existing units, is expected to grow its inventory by a market-leading 2.4%. Also expected to grow inventory by 2% or more are the smaller Palms/Mar Vista and Santa Claria Valley submarkets.

Twelve of Los Angeles’ 20 submarkets are set to see a ramp up in construction during 2026. The largest increase in deliveries from 2025 to 2026 will be seen in Mid-Wilshire, where nearly 1,700 more units are scheduled to deliver in 2026 than came online in 2025. Hollywood and South Los Angeles will also deliver more units in 2026 compared to 2025, with the delivery load increasing by 889 units and 568 units, respectively. 

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