MAA · 10-Q · 2026Q3 · Full report

Geographic Market Commentary

MID AMERICA APARTMENT COMMUNITIES INC. · 2026-10-29 · Importance 10 · Surprise 6

MAA’s portfolio is concentrated in the Southeast, Southwest and Mid-Atlantic regions of the U.S., with assets in 38 defined markets and approximately 150 submarkets. The portfolio includes garden-style, mid-rise and high-rise communities, across urban and suburban locations and a broad range of monthly rent price points. MAA states that this geographic and product diversity helps mitigate exposure to economic conditions, including local supply-and-demand factors, and is intended to support performance across economic cycles.

Key facts

• As of September 30, 2026, MAA's apartment communities, including development communities under construction, were located across 16 states.
• MAA had multifamily assets in 38 defined markets and approximately 150 submarkets, with garden-style, mid-rise and high-rise communities.