Mid America Apartment Communities (MAA) Property Operating Expenses (2009 - 2026)

For the trailing twelve months through Sep 30, 2026, Property Operating Expenses at Mid America Apartment Communities was $1.5 billion, up 3.6% year-over-year; for FY2025, it came in at $1.46 billion, up 3.9% from FY2024.

• Annual Property Operating Expenses has increased for eight consecutive years, with a five-year compound annual growth rate of 4.9% (FY2020 to FY2025).
• In prior years, Mid America Apartment Communities' Property Operating Expenses was $1.41 billion in FY2024 (+5.4%), $1.33 billion in FY2023 (+5.3%), $1.27 billion in FY2022 (+5.2%) and $1.2 billion in FY2021 (+4.6%).
• The Q3 2026 figure stands as the highest quarterly Property Operating Expenses since Q4 2017.
• On a year-over-year basis, Property Operating Expenses has increased in each of the last 30 quarters, with growth averaging 4.3% over the last eight quarters.
• The year-over-year growth in Property Operating Expenses has ranged between 2.7% (Q4 2025) and 6.9% (Q4 2024) over the last five years.
• According to Business Quant data, Property Operating Expenses for the three prior quarters was $381.27 million (Q2 2026), $367.44 million (Q1 2026) and $365.51 million (Q4 2025).