Apartment Supply Surges in Los Angeles for 2026

Apartment Supply Hits Record High

Apartment supply in Los Angeles is set to peak in 2026, according to RealPage Market Analytics. About 12,300 units are scheduled for completion—marking the largest annual delivery volume since tracking began in 2000. This surpasses the 9,000 units delivered in 2025 and represents the nation’s fifth-largest completion pace for the year.

Concentration in Key Submarkets

Nearly 50% of this year’s apartment supply will concentrate in three submarkets. Mid-Wilshire leads with almost 3,000 units, followed by Hollywood with 1,398 units, and Southeast LA with 1,372 units. Mid-Wilshire, the city’s largest submarket, expects inventory growth of 2.4%. The Palms/Mar Vista and Santa Clarita Valley submarkets are also set for over 2% growth. This concentration comes as several high-demand pockets across the country are also seeing sharp increases in apartment inventory, highlighting how supply is clustering in specific submarkets rather than spreading evenly across metro areas.

Market Impact and Regional Trends

Despite the historic number of new units, overall inventory growth for Los Angeles will remain modest at 1.1%, below the expected 1.6% average for the US in 2026. Only 11 of the nation’s top 50 apartment markets anticipate more supply in 2026 versus 2025, positioning Los Angeles among the most active markets for new apartment inventory.

What to Watch Next

Developers are significantly ramping up activity in 12 of LA’s 20 submarkets. The largest supply jumps include Mid-Wilshire, Hollywood, and South Los Angeles. With the focus on these submarkets, local absorption and occupancy trends will be critical factors to monitor in 2026 as new apartment supply comes online.