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Morningstar

Morningstar

Aug 17, 2026

AvalonBay Communities, Inc.: Equity Residential Provides Low but Steady Growth From a High-Quality Apartment Portfolio

Symbols

VMRK

Sector(s)

Real Estate

Rating

Current Price

65.35

Fair Value

Economic Moat

Stewardship

Summary

Equity Residential owns a portfolio of 312 apartment communities with over 85,000 units and is developing three additional properties with 960 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San

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