Matrix Multifamily Dallas Report-July 2025 July 30, 2025

Rents Finally Move Up in Dallas

Advertised asking rents finally rose on a T3 basis in Dallas, although they remained negative YoY, down 1.5 percent to $1,528 in May. Occupancy declined by 50 bps YoY to 92.6 percent in April, as deliveries and new construction moderated.