Merced County Apartments.
A year-to-date read of Merced County's multifamily market — recent sales, pricing, and rents for the owners and families weighing their next transition.
Year-to-Date at a Glance
Six dials. Each shows the county figure, its trailing direction, and where it sits against the national benchmark.
Merced County Apartments.
A year-to-date read of Merced County's multifamily market — recent sales, pricing, and rents for the owners and families weighing their next transition.
Notable Transactions
Multifamily sales tracked across Merced County, drawn from CoStar. Cap rates are shown only where the transaction disclosed one.
| Property / Submarket | Units | Sale Price | $ / Unit | Cap | Built | Closed |
|---|---|---|---|---|---|---|
What this means for owners
Merced's apartment market turned sharply more active. Trailing-12-month sales volume reached $36.1 million — more than double the year prior and above the five-year average of $33.1 million — across 16 trades and 357 units. Pricing held near $140,000 per unit, well under the $230,000 national average, at an estimated 6.8% cap rate.
Vacancy rose to 4.3% — up 1.5 points on the year, yet still far tighter than the 8.4% national rate — while asking rents added 1.1% to $1,292. With only about 10 units under construction (0.1% of inventory), new supply is negligible. For owners weighing a transition — for tax, estate, or generational reasons — a firmer, more liquid market is a constructive backdrop to begin planning.
The market has grown more active without overheating — a steady backdrop for owners thinking ahead. We are at your service.