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VACANCY
Apartment
The average Vacancy Rate was 9.3% in the Austin metro
- Vacancy in the Austin metro has risen for six consecutive quarters.
- The Austin metro had the highest vacancy level since Q2 2010.
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 24.7% in the Austin metro
- Vacancy in the Austin metro drifted upward by 40 basis points.
- The Austin metro had the highest vacancy level since Q3 1996.
Retail
The average Vacancy Rate was 8.8% in the Austin metro
RENT
Apartment
The average Asking Rent was $1,571 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 $36.45 in the Austin metro
Retail
The average Asking Rent was $24.42 in the Austin metro
VACANCY
Apartment
The average Vacancy Rate was 6.8% in the Dallas metro
- Vacancy in the Dallas metro drifted upward by 20 basis points.
- The Dallas metro had the highest vacancy level since Q2 2021.
Distribution / Warehousing
The average Vacancy Rate was 8.2% in the Dallas metro
Flex / R&D
The average Vacancy Rate was 7.5% in the Dallas metro
Office
The average Vacancy Rate was 25.3% in the Dallas metro
Retail
The average Vacancy Rate was 12.1% in the Dallas metro
RENT
Apartment
The average Asking Rent was $1,576 in the Dallas metro
Distribution / Warehousing
The average Asking Rent was $6.24 in the Dallas metro
- Rent in the Dallas metro was up 1.1% from Q3 2023.
- Rent has risen in every quarter since Q2 2020 in the Dallas metro.
Flex / R&D
The average Asking Rent was $9.08 in the Dallas metro
- Rent in the Dallas metro was up 0.4% from Q3 2023.
- Rent has risen in every quarter for the past three years in the Dallas metro.
Office
The average Asking Rent was $28.18 in the Dallas metro
- Rent in the Dallas metro was up 0.3% from Q3 2023.
- Rent Has risen for eleven consecutive quarters in the Dallas metro.
Retail
The average Asking Rent was $19.37 in the Dallas metro
- Rent in the Dallas metro was up 0.5% from Q3 2023.
- Rent Has risen for six consecutive quarters 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 6.5% in the Fort Worth metro
- Vacancy in the Fort Worth metro drifted upward by 40 basis points.
- The Fort Worth metro had the highest vacancy level since year-end 2011.
Distribution / Warehousing
The average Vacancy Rate was 7.3% in the Fort Worth metro
Flex / R&D
The average Vacancy Rate was 9.4% in the Fort Worth metro
- Vacancy in the Fort Worth metro rose by 60 basis points.
- The Fort Worth metro had the highest vacancy level since year-end 2018.
Office
The average Vacancy Rate was 19.8% in the Fort Worth metro
Retail
The average Vacancy Rate was 12.2% in the Fort Worth metro
- Vacancy in the Fort Worth metro drifted upward by 30 basis points.
- The Fort Worth metro had the highest vacancy level since Q1 2014.
RENT
Apartment
The average Asking Rent was $1,199 in the Fort Worth metro
Distribution / Warehousing
The average Asking Rent was $5.96 in the Fort Worth metro
- Rent in the Fort Worth metro was up 1.0% from Q3 2023.
- Rent Has risen for eleven consecutive quarters in the Fort Worth metro.
Flex / R&D
The average Asking Rent was $9.16 in the Fort Worth metro
- Rent in the Fort Worth metro was up 0.8% from Q3 2023.
- Rent Has risen for eleven consecutive quarters in the Fort Worth metro.
Office
The average Asking Rent was $23.16 in the Fort Worth metro
- Rent in the Fort Worth metro was up 0.3% from Q3 2023.
- Rent Has risen for six consecutive quarters in the Fort Worth metro.
Retail
The average Asking Rent was $16.15 in the Fort Worth metro
VACANCY
Apartment
The average Vacancy Rate was 7.3% in the Houston metro
- Vacancy in the Houston metro increased by 50 basis points.
- The Houston metro had the highest vacancy level since Q3 2012.
Distribution / Warehousing
The average Vacancy Rate was 9.0% in the Houston metro
Flex / R&D
The average Vacancy Rate was 5.6% in the Houston metro
Office
The average Vacancy Rate was 26.3% in the Houston metro
Retail
The average Vacancy Rate was 12.8% in the Houston metro
- Vacancy in the Houston metro drifted downward by 10 basis points.
- The Houston metro had the lowest vacancy level since Q3 2020.
RENT
Apartment
The average Asking Rent was $1,307 in the Houston metro
Distribution / Warehousing
The average Asking Rent was $7.48 in the Houston metro
- Rent in the Houston metro was up 0.5% from Q3 2023.
- Rent has risen in every quarter since Q1 2012 in the Houston metro.
Flex / R&D
The average Asking Rent was $9.59 in the Houston metro
Office
The average Asking Rent was $29.46 in the Houston metro
Retail
The average Asking Rent was $19.73 in the Houston metro
- Rent in the Houston metro was up 0.2% from Q3 2023.
- Rent Has risen for six consecutive quarters in the Houston metro.
VACANCY
Apartment
The average Vacancy Rate was 7.1% in the San Antonio metro
- Vacancy in the San Antonio metro drifted upward by 20 basis points.
- The San Antonio metro had the highest vacancy level since year-end 2011.
Distribution / Warehousing
The average Vacancy Rate was 10.0% in the San Antonio metro
- Vacancy in the San Antonio metro increased by 100 basis points.
- The San Antonio metro had the highest vacancy level since Q2 2021.
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 20.9% in the San Antonio metro
Retail
The average Vacancy Rate was 10.2% in the San Antonio metro
- No vacancy change since Q3 2023 in the San Antonio metro.
- The San Antonio metro had the lowest vacancy level since Q2 2020.
RENT
Apartment
The average Asking Rent was $1,134 in the San Antonio metro
Distribution / Warehousing
The average Asking Rent was $6.74 in the San Antonio metro
- Rent in the San Antonio metro was up 0.6% from Q3 2023.
- Rent has risen in every quarter since Q2 2020 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.