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VACANCY
Apartment
The average Vacancy Rate was 5.2% in the Austin metro
- Vacancy in the Austin metro drifted downward by 20 basis points.
- The Austin metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 5.6% in the Austin metro.
Distribution / Warehousing
The average Vacancy Rate was 5.7% in the Austin metro
- Vacancy in the Austin metro drifted downward by 40 basis points.
- The Austin metro had the lowest vacancy level since Q3 2009.
- Vacancy is expected to finish 2022 at 5.5% in the Austin metro.
Flex / R&D
The average Vacancy Rate was 8.0% in the Austin metro
- Vacancy in the Austin metro drifted downward by 20 basis points.
- The Austin metro was among the 20 highest vacancies nationally.
- Vacancy is expected to finish 2022 at 7.2% in the Austin metro.
Office
The average Vacancy Rate was 21.6% in the Austin metro
- Vacancy in the Austin metro has risen for ten consecutive quarters.
- The Austin metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 21.1% in the Austin metro.
Retail
The average Vacancy Rate was 8.3% in the Austin metro
- The Austin metro had the lowest vacancy in the Southwest region, third lowest in the nation.
- Vacancy in the Austin metro drifted downward by 10 basis points.
- Vacancy is expected to finish 2022 at 7.9% in the Austin metro.
RENT
Apartment
The average Asking Rent was $1,487 in the Austin metro
- Rent in the Austin metro was up 2.2% from year-end 2021.
- Rent is expected to finish 2022 at $1,530 in the Austin metro.
Distribution / Warehousing
The average Asking Rent was $8.17 in the Austin metro
- Rent in the Austin metro was up 1.6% from Q3 2021.
- Rent Has risen for seven consecutive quarters in the Austin metro.
- Rent is expected to finish 2022 at $8.55 in the Austin metro.
Flex / R&D
The average Asking Rent was $10.91 in the Austin metro
- Rent in the Austin metro was up 1.6% from Q3 2021.
- Austin metro had its fastest rent rate of increase since Q3 2009.
- Rent is expected to finish 2022 at $11.33 in the Austin metro.
Office
The average Asking Rent was $35.70 in the Austin metro
- Rent in the Austin metro was up 0.5% from year-end 2021.
- Rent has risen in every quarter since year-end 2016 in the Austin metro.
- Rent is expected to finish 2022 at $35.91 in the Austin metro.
Retail
The average Asking Rent was $24.14 in the Austin metro
- Rent in the Austin metro was up 0.2% from year-end 2021.
- Rent is expected to finish 2022 at $24.19 in the Austin metro.
VACANCY
Apartment
The average Vacancy Rate was 5.3% in the Dallas metro
- Vacancy in the Dallas metro drifted downward by 10 basis points.
- The Dallas metro had the lowest vacancy level since Q3 2018.
- Vacancy is expected to finish 2022 at 5.1% in the Dallas metro.
Distribution / Warehousing
The average Vacancy Rate was 11.1% in the Dallas metro
- Vacancy in the Dallas metro drifted upward by 20 basis points.
- The Dallas metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 9.8% in the Dallas metro.
Flex / R&D
The average Vacancy Rate was 6.0% in the Dallas metro
- The Dallas metro had the lowest vacancy in the nation.
- No vacancy change since year-end 2021 in the Dallas metro.
- The Dallas metro had the lowest vacancy level since Q3 2009.
Office
The average Vacancy Rate was 23.2% in the Dallas metro
- Vacancy in the Dallas metro declined by 110 basis points.
- The Dallas metro had the lowest vacancy level since Q1 2020.
- Vacancy is expected to finish 2022 at 23.1% in the Dallas metro.
Retail
The average Vacancy Rate was 12.6% in the Dallas metro
- No vacancy change since year-end 2021 in the Dallas metro.
- The Dallas metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 12.5% in the Dallas metro.
RENT
Apartment
The average Asking Rent was $1,445 in the Dallas metro
- Rent in the Dallas metro was up 4.4% from year-end 2021.
- Rent is expected to finish 2022 at $1,492 in the Dallas metro.
Distribution / Warehousing
The average Asking Rent was $5.26 in the Dallas metro
- Rent in the Dallas metro was up 1.3% from year-end 2021.
- Rent Has risen for seven consecutive quarters in the Dallas metro.
- Rent is expected to finish 2022 at $5.43 in the Dallas metro.
Flex / R&D
The average Asking Rent was $8.11 in the Dallas metro
- The Dallas metro had the second fastest rent growth in the nation, behind only San Jose.
- Dallas metro had its fastest rent rate of increase since Q3 2009.
- Rent is expected to finish 2022 at $8.34 in the Dallas metro.
Office
The average Asking Rent was $26.62 in the Dallas metro
- Rent in the Dallas metro was up 0.4% from year-end 2021.
- Rent is expected to finish 2022 at $26.58 in the Dallas metro.
Retail
The average Asking Rent was $19.05 in the Dallas metro
- Rent in the Dallas metro was up 0.1% from year-end 2021.
- Rent is expected to finish 2022 at $19.11 in the Dallas metro.
VACANCY
Distribution / Warehousing
Average Vacancy Rate 8.4%
- Lowest in the Southwest region, thirty-ninth lowest in the nation.
- Fell by 110 basis points.
- Expected to finish 2019 at.
RENT
Distribution / Warehousing
Average Asking Rent $4.31
- Up 0.5% from year-end 2018.
- Expected to finish 2019 at.
VACANCY
Apartment
The average Vacancy Rate was 4.5% in the Fort Worth metro
- The Fort Worth metro had the second lowest vacancy in the nation, behind only Central New Jersey.
- Vacancy in the Fort Worth metro drifted downward by 20 basis points.
- Vacancy is expected to finish 2022 at 4.3% in the Fort Worth metro.
Distribution / Warehousing
The average Vacancy Rate was 10.8% in the Fort Worth metro
- Vacancy in the Fort Worth metro drifted upward by 40 basis points.
- The Fort Worth metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 9.6% in the Fort Worth metro.
Flex / R&D
The average Vacancy Rate was 6.3% in the Fort Worth metro
- The Fort Worth metro had the sixth lowest vacancy in the nation and the fourth lowest in the Southwest.
- Vacancy in the Fort Worth metro drifted upward by 40 basis points.
- Vacancy is expected to finish 2022 at 5.7% in the Fort Worth metro.
Office
The average Vacancy Rate was 17.9% in the Fort Worth metro
- The Fort Worth metro had the eighth lowest vacancy in the nation and the seventh lowest in the Southwest.
- Vacancy in the Fort Worth metro drifted downward by 40 basis points.
- Vacancy is expected to finish 2022 at 18.7% in the Fort Worth metro.
Retail
The average Vacancy Rate was 11.8% in the Fort Worth metro
- The Fort Worth metro had the ninth lowest vacancy in the nation and the eighth lowest in the Southwest.
- Vacancy in the Fort Worth metro drifted downward by 10 basis points.
- The Fort Worth metro had the lowest vacancy level since Q1 2020.
RENT
Apartment
The average Asking Rent was $1,151 in the Fort Worth metro
- Rent in the Fort Worth metro was up 0.2% from year-end 2021.
- Rent Has risen for six consecutive quarters in the Fort Worth metro.
- Rent is expected to finish 2022 at $1,178 in the Fort Worth metro.
Distribution / Warehousing
The average Asking Rent was $4.99 in the Fort Worth metro
- Rent in the Fort Worth metro was up 1.4% from year-end 2021.
- Rent is expected to finish 2022 at $5.17 in the Fort Worth metro.
Flex / R&D
The average Asking Rent was $7.90 in the Fort Worth metro
- Rent in the Fort Worth metro was up 1.4% from year-end 2021.
- Rent is expected to finish 2022 at $8.12 in the Fort Worth metro.
Office
The average Asking Rent was $22.23 in the Fort Worth metro
- Rent in the Fort Worth metro was up 0.1% from year-end 2021.
- Rent is expected to finish 2022 at $22.27 in the Fort Worth metro.
Retail
The average Asking Rent was $15.91 in the Fort Worth metro
- Rent in the Fort Worth metro was up 0.1% from year-end 2021.
- Rent is expected to finish 2022 at $15.87 in the Fort Worth metro.
VACANCY
Apartment
The average Vacancy Rate was 5.7% in the Houston metro
- Vacancy in the Houston metro drifted downward by 10 basis points.
- The Houston metro had the lowest vacancy level since Q1 2020.
- Vacancy is expected to finish 2022 at 5.5% in the Houston metro.
Distribution / Warehousing
The average Vacancy Rate was 10.3% in the Houston metro
- Vacancy in the Houston metro drifted downward by 30 basis points.
- The Houston metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 9.4% in the Houston metro.
Flex / R&D
The average Vacancy Rate was 8.8% in the Houston metro
- The Houston metro had the tenth lowest vacancy in the nation and the twelfth lowest in the Southwest.
- Vacancy in the Houston metro drifted upward by 40 basis points.
- Vacancy is expected to finish 2022 at 8.1% in the Houston metro.
Office
The average Vacancy Rate was 24.8% in the Houston metro
- Vacancy in the Houston metro declined by 80 basis points.
- Vacancy is expected to finish 2022 at 24.8% in the Houston metro.
Retail
The average Vacancy Rate was 12.9% in the Houston metro
- No vacancy change since year-end 2021 in the Houston metro.
- The Houston metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 12.2% in the Houston metro.
RENT
Apartment
The average Asking Rent was $1,206 in the Houston metro
- Rent in the Houston metro was up 2.5% from year-end 2021.
- Rent is expected to finish 2022 at $1,238 in the Houston metro.
Distribution / Warehousing
The average Asking Rent was $6.43 in the Houston metro
- Rent in the Houston metro was up 1.3% from year-end 2021.
- Rent has risen in every quarter since Q1 2012 in the Houston metro.
- Rent is expected to finish 2022 at $6.67 in the Houston metro.
Flex / R&D
The average Asking Rent was $8.43 in the Houston metro
- Rent in the Houston metro was up 1.0% from year-end 2021.
- Rent Has risen for seven consecutive quarters in the Houston metro.
- Rent is expected to finish 2022 at $8.71 in the Houston metro.
Office
The average Asking Rent was $28.71 in the Houston metro
- Rent in the Houston metro was up 0.6% from year-end 2021.
- Houston metro had its fastest rent rate of increase since Q2 2015.
- Rent is expected to finish 2022 at $28.54 in the Houston metro.
Retail
The average Asking Rent was $19.47 in the Houston metro
- The Houston metro had the second fastest rent growth in the nation, behind only Orlando.
- Rent is expected to finish 2022 at $19.54 in the Houston metro.
VACANCY
Apartment
The average Vacancy Rate was 5.1% in the San Antonio metro
- Vacancy in the San Antonio metro drifted downward by 10 basis points.
- The San Antonio metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2022 at 5.3% in the San Antonio metro.
Distribution / Warehousing
The average Vacancy Rate was 9.1% in the San Antonio metro
- The San Antonio metro had the tenth lowest vacancy in the nation and the eleventh lowest in the Southwest.
- Vacancy in the San Antonio metro increased by 50 basis points.
- Vacancy is expected to finish 2022 at 7.7% in the San Antonio metro.
Flex / R&D
The average Vacancy Rate was 7.8% in the San Antonio metro
- Vacancy in the San Antonio metro drifted downward by 40 basis points.
- The San Antonio metro was among the 20 highest vacancies nationally.
- Vacancy is expected to finish 2022 at 7.1% in the San Antonio metro.
Office
The average Vacancy Rate was 19.1% in the San Antonio metro
- The San Antonio metro had the tenth lowest vacancy in the nation and the eleventh lowest in the Southwest.
- Vacancy in the San Antonio metro increased by 100 basis points.
- The San Antonio metro had the highest vacancy level since year-end 2012.
Retail
The average Vacancy Rate was 10.8% in the San Antonio metro
- The San Antonio metro had the sixth lowest vacancy in the nation and the fifth lowest in the Southwest.
- No vacancy change since year-end 2021 in the San Antonio metro.
- The San Antonio metro had the highest vacancy level since Q1 2015.
RENT
Apartment
The average Asking Rent was $1,121 in the San Antonio metro
- Rent in the San Antonio metro was up 1.7% from year-end 2021.
- Rent is expected to finish 2022 at $1,149 in the San Antonio metro.
Distribution / Warehousing
The average Asking Rent was $6.00 in the San Antonio metro
- Rent in the San Antonio metro was up 1.4% from year-end 2021.
- Rent Has risen for seven consecutive quarters in the San Antonio metro.
- Rent is expected to finish 2022 at $6.19 in the San Antonio metro.
Flex / R&D
The average Asking Rent was $9.40 in the San Antonio metro
- Rent in the San Antonio metro was up 1.6% from Q3 2021.
- San Antonio metro had its fastest rent rate of increase since Q3 2009.
- Rent Has risen for six consecutive quarters in the San Antonio metro.
Office
The average Asking Rent was $22.61 in the San Antonio metro
- The San Antonio metro had the fastest rent growth in the nation.
- San Antonio metro had its fastest rent rate of increase in eleven quarters.
- Rent is expected to finish 2022 at $22.47 in the San Antonio metro.
Retail
The average Asking Rent was $17.08 in the San Antonio metro
- Rent in the San Antonio metro was up 0.2% from year-end 2021.
- Rent is expected to finish 2022 at $17.12 in the San Antonio metro.