RealPage Analytics Blog

Desert/Mountains Region

Bar graph showing total supply volumes by US region for YE2Q25, highlighting Texas as the highest supply.

Sizable Supply Volumes in Desert/Mountains Region

Bar chart comparing annual absorption and supply across various regions, highlighting Desert/Mountains.

Demand Outpaces Supply by Over 10% in Desert/Mountains Region

Line and bar graph showing YOY effective rent growth, occupancy rates, and forecasts from Q4 2014 to Q4 2026.

Occupancy and Rents Expected to Grow in Desert/Mountains Region as Construction Wanes

Table displaying annual demand and supply data for various U.S. regions, including units absorbed and delta.

Supply/Demand Delta Smallest in the Desert/Mountains Region

Bar graph showing annual supply in the Desert/Mountains Region from Q2 2014 to Q2 2026, peaking around Q2 2025.

Apartment Supply Set to Triple in Desert/Mountains Region in 2025

Table showing annual supply, U.S. supply share, and inventory growth by region for 2024.

Desert/Mountains Among the Nation’s Fastest Growing Apartment Regions

Line graph showing Phoenix rent changes and occupancy rates from January 2019 to January 2024, including new and renewal leases.

Every Submarket in Phoenix is Logging Rent Cuts

Pie chart displaying housing supply data: Sun Belt + Mountains (73,645), Midwest (14,644), Northeast + Mid-Atlantic (5,028), West Coast (3,282).

YTD Apartment Demand Strongest in Sun Belt and Mountains Region

Chart showing YoY rent growth and occupancy change across U.S. regions, highlighting variations in rent and occupancy rates.

Rents and Occupancy Falling Fast in the Mountains/Desert Region