Wednesday, July 29, 2026
Family Office Briefing on research byLee & Associates·May 1, 2026

2026 Q1 Santa Barbara, CA - Multifamily

Santa Barbara multifamily market tightens with low vacancy at 3.2% in Q1 2026 — family offices should consider co-GP opportunities amid new supply pressures.

Key Metrics

MetricValue
Vacancy Rate3.2%
Asking Rent/Unit2580$
Sale Price/Unit346736$
Cap Rate4.9%
Under Construction Units543units
Inventory Units21329units

Metrics extracted from the source report and independently fact-checked. Method →

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