Matrix Multifamily Houston Report-July 2025

Houston’s Rents Rebound

Houston’s advertised asking rents rose by 0.2 percent on a T3 basis through May to $1,371, trailing the U.S. rate, which rose 0.3 percent to $1,761. With occupancy low at 92.6 percent in April and delivery pace expected to rise, new construction has moderated.

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