Sacramento Office Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Kidder Mathews, CBRE, Cushman & Wakefield, Colliers, JLL, Newmark
Quarterly office market indicators for Sacramento, aggregated by CREhunt from Kidder Mathews, CBRE, Cushman & Wakefield, Colliers, JLL, Newmark. As of Q2 2026, average asking rent was $25.68/SF/yr and vacancy was 11.4%, per Kidder Mathews.
Projected current office pricing — Sacramento
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Sacramento office yet, so this applies the typical cap rate across comparable office markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q2 2026 multiple brokerages asking-rent data (benchmark cap rate 6.5%–8.6%, asking rent held flat). Assumes ~92% occupancy (vacancy not reported) and a 50–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 Kidder Mathews | $25.68/SF/yr | 11.4% | 49K SF | — | Kidder Mathews |
| Q2 2026 CBRE | $25.80/SF/yr | — | 73K SF | — | CBRE |
| Q2 2026 Cushman & Wakefield | $26.04/SF/yr | 14.1% | 10K SF | — | Cushman & Wakefield |
| Q1 2026 Cushman & Wakefield | $25.80/SF/yr | 14.2% | -37K SF | — | Cushman & Wakefield |
| Q1 2026 CBRE | — | — | 2 SF | — | CBRE |
| Q1 2026 Colliers | — | 6.3% | — | — | Colliers |
| Q1 2026 JLL | $26.04/SF/yr | 22.6% | — | — | JLL |
| Q4 2025 CBRE | $25.80/SF/yr | 18.7% | — | — | CBRE |
| Q4 2025 Cushman & Wakefield | $26.04/SF/yr | 14.6% | 5 SF | — | Cushman & Wakefield |
| Q4 2025 Newmark | $25.80/SF/yr | 15.9% | 342K SF | — | Newmark |
| Q3 2025 Newmark | $25.92/SF/yr | 15.9% | 383K SF | — | Newmark |
| Q1 2025 Cushman & Wakefield | $26.52/SF/yr | 15.6% | -83K SF | — | Cushman & Wakefield |
| Q1 2025 Newmark | — | 16.5% | — | — | Newmark |
| Q4 2024 Newmark | $26.16/SF/yr | 16.4% | 388K SF | — | Newmark |
| Q3 2024 Newmark | $25.92/SF/yr | 16.8% | 259K SF | — | Newmark |
| Q2 2024 Newmark | $25.80/SF/yr | 17.1% | — | — | Newmark |
| Q1 2024 Newmark | $25.32/SF/yr | 16.7% | — | — | Newmark |
| Q4 2023 Newmark | $25.80/SF/yr | 16.7% | — | — | Newmark |
| Q3 2023 Newmark | $25.80/SF/yr | 16.5% | — | — | Newmark |
| Q3 2023 Colliers | $54.88/SF/yr | — | 89K SF | — | Colliers |
| Q2 2023 Newmark | $25.68/SF/yr | 15.4% | — | — | Newmark |
| Q1 2023 Newmark | $25.80/SF/yr | — | -925K SF | — | Newmark |
| Q4 2022 Newmark | — | 13.7% | 130K SF | — | Newmark |
| Q3 2022 Newmark | $25.32/SF/yr | — | — | — | Newmark |
Office asking rents by submarket
The newest asking rent a named brokerage's report published for each Sacramento office submarket, with its publisher and quarter. Submarkets whose newest figure cannot be attributed, or falls outside a plausible range, are left out.
| Submarket | Asking rent | Source |
|---|---|---|
| Auburn/Lincoln | $1.80/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Campus Commons | $2.54/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Carmichael/Fair Oaks | $1.87/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Citrus Heights/Orangevale | $1.75/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Davis/Woodland | $2.92/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Downtown | $2.89/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Downtown Sacramento | $2.91/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| East Sacramento | $2.64/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| El Dorado | $2.23/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| El Dorado Hills | $2.14/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Elk Grove | $2.93/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Elk Grove / Galt | $2.52/SF/mo CBRE · Q1 2026 | CBRE, Q1 2026 |
| Folsom | $2.42/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Highway 50 | $1.79/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Highway 50 Corridor | $1.78/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Howe / Fulton / Watt | $1.59/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Howe Ave/Fulton Ave/Watt | $1.61/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Howe Avenue/Fulton Avenue | $1.76/SF/mo CBRE · Q1 2026 | CBRE, Q1 2026 |
| Hwy 50 Corridor | $1.77/SF/mo CBRE · Q1 2026 | CBRE, Q1 2026 |
| Midtown | $2.38/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| North Natomas | $1.95/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Northgate/Natomas | $1.78/SF/mo CBRE · Q1 2026 | CBRE, Q1 2026 |
| Point West | $1.96/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Point West / Tribute Rd | $1.98/SF/mo CBRE · Q1 2026 | CBRE, Q1 2026 |
| Rio Linda/N Highlands | $1.36/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Roseville/Rocklin | $2.19/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| South Natomas | $2.17/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| South Sacramento | $1.76/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Watt Ave / Auburn Blvd | $1.55/SF/mo CBRE · Q1 2026 | CBRE, Q1 2026 |
| West Sacramento | $2.29/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
How the brokerage sources compare
For Q2 2026, the brokerages CREhunt aggregates for Sacramento office did not fully agree. On vacancy, the sources span 2.7 points — from 11.4% (Kidder Mathews) to 14.1% (Cushman & Wakefield). Asking-rent estimates differ by $0.36/SF/yr — from $25.68/SF/yr to $26.04/SF/yr. CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.
| Source | Vacancy | Asking rent | Cap rate |
|---|---|---|---|
| Kidder Mathews | 11.4% | $25.68/SF/yr | — |
| Cushman & Wakefield | 14.1% | $26.04/SF/yr | — |
| CBRE | — | $25.80/SF/yr | — |
Per-brokerage figures for Q2 2026, aggregated from published brokerage market reports.
Frequently asked questions
- What is the average asking rent for office space in Sacramento?
- As of Q2 2026, the average asking rent for office space in Sacramento was $25.68/SF/yr, per Kidder Mathews.
- What is the office vacancy rate in Sacramento?
- The office vacancy rate in Sacramento was 11.4% as of Q2 2026 (Kidder Mathews).
- Where does CREhunt's Sacramento market data come from?
- This report aggregates quarterly office market data for Sacramento from Kidder Mathews, CBRE, Cushman & Wakefield, Colliers, JLL, Newmark.
- How much do brokerage estimates differ for office space in Sacramento?
- For Q2 2026, the brokerage sources CREhunt aggregates for Sacramento did not fully agree. On vacancy, the sources span 2.7 points — from 11.4% (Kidder Mathews) to 14.1% (Cushman & Wakefield). Asking-rent estimates differ by $0.36/SF/yr — from $25.68/SF/yr to $26.04/SF/yr. CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.