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VACANCY
Apartment
The average Vacancy Rate was 11.6% in the Austin metro
- The Austin metro had the highest vacancy in the nation.
- Vacancy in the Austin metro drifted downward by 30 basis points.
Distribution / Warehousing
The average Vacancy Rate was 15.3% in the Austin metro
- The Austin metro had the second highest vacancy in the nation. Only Des Moines is currently softer.
- Vacancy in the Austin metro fell by 60 basis points.
Flex / R&D
The average Vacancy Rate was 13.3% in the Austin metro
- Vacancy in the Austin metro drifted downward by 30 basis points.
- The Austin metro was among the 10 highest vacancies nationally.
Office
The average Vacancy Rate was 26.3% in the Austin metro
- Vacancy in the Austin metro drifted downward by 30 basis points.
- The Austin metro was among the 10 highest vacancies nationally.
Retail
The average Vacancy Rate was 9.2% in the Austin metro
- The Austin metro had the lowest vacancy in the Southwest region, twenty-fifth lowest in the nation.
- No vacancy change since year-end 2024 in the Austin metro.
- The Austin metro had the highest vacancy level since Q1 2009.
RENT
Apartment
The average Asking Rent was $1,538 in the Austin metro
Distribution / Warehousing
The average Asking Rent was $10.09 in the Austin metro
- Rent in the Austin metro was up 0.6% from year-end 2024.
- Rent has risen in every quarter since Q1 2020 in the Austin metro.
Flex / R&D
The average Asking Rent was $13.22 in the Austin metro
- The Austin metro had the fastest rent growth in the Southwest region, eighteenth most rapid in the nation.
- Rent has risen in every quarter since Q3 2020 in the Austin metro.
Office
The average Asking Rent was $36.95 in the Austin metro
Retail
The average Asking Rent was $24.67 in the Austin metro
VACANCY
Apartment
The average Vacancy Rate was 8.9% in the Dallas metro
- Vacancy in the Dallas metro has risen for seven consecutive quarters.
- The Dallas metro was among the 10 highest vacancies nationally.
Distribution / Warehousing
The average Vacancy Rate was 9.9% in the Dallas metro
- Vacancy in the Dallas metro drifted downward by 30 basis points.
- The Dallas metro was among the 20 highest vacancies nationally.
Flex / R&D
The average Vacancy Rate was 9.6% in the Dallas metro
- Vacancy in the Dallas metro drifted downward by 10 basis points.
- The Dallas metro was among the 20 highest vacancies nationally.
Office
The average Vacancy Rate was 26.0% in the Dallas metro
- Vacancy in the Dallas metro drifted downward by 10 basis points.
- The Dallas metro was among the 10 highest vacancies nationally.
Retail
The average Vacancy Rate was 11.4% in the Dallas metro
- Vacancy in the Dallas metro drifted downward by 30 basis points.
- The Dallas metro had the lowest vacancy level since year-end 2007.
RENT
Apartment
The average Asking Rent was $1,599 in the Dallas metro
Distribution / Warehousing
The average Asking Rent was $6.48 in the Dallas metro
- Rent in the Dallas metro was up 0.5% from year-end 2024.
- Rent has risen in every quarter since Q2 2020 in the Dallas metro.
Flex / R&D
The average Asking Rent was $9.30 in the Dallas metro
- Rent in the Dallas metro was up 0.4% from year-end 2024.
- Rent has risen in every quarter since year-end 2020 in the Dallas metro.
Office
The average Asking Rent was $28.82 in the Dallas metro
Retail
The average Asking Rent was $19.57 in the Dallas metro
VACANCY
Apartment
The average Vacancy Rate was 9.1% in the Fort Worth metro
- No vacancy change since year-end 2024 in the Fort Worth metro.
- The Fort Worth metro was among the 10 highest vacancies nationally.
Distribution / Warehousing
The average Vacancy Rate was 11.2% in the Fort Worth metro
- No vacancy change since year-end 2024 in the Fort Worth metro.
- The Fort Worth metro was among the 20 highest vacancies nationally.
Flex / R&D
The average Vacancy Rate was 5.5% in the Fort Worth metro
- Vacancy in the Fort Worth metro drifted downward by 30 basis points.
- The Fort Worth metro was among the 20 lowest vacancies nationally.
Office
The average Vacancy Rate was 19.9% in the Fort Worth metro
Retail
The average Vacancy Rate was 11.5% in the Fort Worth metro
RENT
Apartment
The average Asking Rent was $1,228 in the Fort Worth metro
Distribution / Warehousing
The average Asking Rent was $6.14 in the Fort Worth metro
- Rent in the Fort Worth metro was up 0.5% from year-end 2024.
- Rent has risen in every quarter since Q1 2021 in the Fort Worth metro.
Flex / R&D
The average Asking Rent was $9.44 in the Fort Worth metro
- Rent in the Fort Worth metro was up 0.4% from year-end 2024.
- Rent has risen in every quarter since Q1 2021 in the Fort Worth metro.
Office
The average Asking Rent was $24.09 in the Fort Worth metro
- Rent in the Fort Worth metro was up 0.2% from year-end 2024.
- Rent Has risen for eleven consecutive quarters in the Fort Worth metro.
Retail
The average Asking Rent was $16.46 in the Fort Worth metro
- The Fort Worth metro had the fastest rent growth in the Southwest region, twelfth most rapid in the nation.
- Rent Has risen for eight consecutive quarters in the Fort Worth metro.
VACANCY
Apartment
The average Vacancy Rate was 8.8% in the Houston metro
- Vacancy in the Houston metro drifted downward by 10 basis points.
- The Houston metro was among the 10 highest vacancies nationally.
Distribution / Warehousing
The average Vacancy Rate was 8.7% in the Houston metro
- Vacancy in the Houston metro has been in decline for six consecutive quarters.
- The Houston metro had the lowest vacancy level since Q1 2023.
Flex / R&D
The average Vacancy Rate was 3.8% in the Houston metro
- The Houston metro had the lowest vacancy in the Southwest region, eighth lowest in the nation.
- Vacancy in the Houston metro declined by 100 basis points.
- The Houston metro had the lowest vacancy level since Q3 2009.
Office
The average Vacancy Rate was 25.7% in the Houston metro
- Vacancy in the Houston metro drifted downward by 20 basis points.
- The Houston metro was among the 10 highest vacancies nationally.
Retail
The average Vacancy Rate was 12.7% in the Houston metro
RENT
Apartment
The average Asking Rent was $1,354 in the Houston metro
Distribution / Warehousing
The average Asking Rent was $7.84 in the Houston metro
- Rent in the Houston metro was up 0.5% from year-end 2024.
- Rent has risen in every quarter since Q1 2012 in the Houston metro.
Flex / R&D
The average Asking Rent was $9.85 in the Houston metro
Office
The average Asking Rent was $30.09 in the Houston metro
- The Houston metro had the fastest rent growth in the Southwest region, fifteenth most rapid in the nation.
- Houston metro had its fastest rent rate of increase in six quarters.
Retail
The average Asking Rent was $19.89 in the Houston metro
- Rent in the Houston metro was up 0.1% from year-end 2024.
- Rent Has risen for eleven consecutive quarters in the Houston metro.
VACANCY
Apartment
The average Vacancy Rate was 9.5% in the San Antonio metro
- Vacancy in the San Antonio metro drifted downward by 10 basis points.
- The San Antonio metro was among the 10 highest vacancies nationally.
Distribution / Warehousing
The average Vacancy Rate was 10.9% in the San Antonio metro
- Vacancy in the San Antonio metro drifted downward by 20 basis points.
- The San Antonio metro was among the 20 highest vacancies nationally.
Flex / R&D
The average Vacancy Rate was 6.6% in the San Antonio metro
Office
The average Vacancy Rate was 21.4% in the San Antonio metro
Retail
The average Vacancy Rate was 11.4% in the San Antonio metro
- Vacancy in the San Antonio metro has risen for six consecutive quarters.
- The San Antonio metro had the highest vacancy level since Q2 2013.
RENT
Apartment
The average Asking Rent was $1,160 in the San Antonio metro
Distribution / Warehousing
The average Asking Rent was $6.90 in the San Antonio metro
Flex / R&D
The average Asking Rent was $10.46 in the San Antonio metro
- Rent in the San Antonio metro was up 0.2% from year-end 2024.
- Rent has risen in every quarter since Q2 2020 in the San Antonio metro.