Matrix Multifamily San Antonio Report-October 2025 October 29, 2025

San Antonio’s Refuge

San Antonio’s rent growth matched the national average, inching up 0.1 percent on a T3 basis to $1,264 in August, but lagged YoY, down by 60 bps. Employment gains outperformed the 0.8 percent U.S. rate, up 1.9 percent YoY through June.