Austin, TX Multifamily Market Report Q1 2026
Austin's multifamily market in Q1 2026 experienced negative rent growth of 4.7% with asking rents averaging $1,500 per unit and a 13.5% vacancy rate, reflecting oversupply from 14,600 units under construction. Despite soft fundamentals, the market absorbed 3,800 units during the quarter, exceeding the 2,000 units delivered, though a large construction pipeline is expected to sustain competitive pressure and limit near-term rent recovery.
Published by Matthews. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Matthews
- Obtained from
- Matthews
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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