Austin\u2019s multifamily fundamentals remained soft entering 2026 as supply continued to pressure rents and occupancy, according to the latest Yardi Matrix Austin multifamily market report. Average advertised asking rents were down 5.0% year-over-year, to $1,492 as of January, while the national average was up 0.2%, to $1,741, U.S. multifamily report<\/strong><\/a>. The metro\u2019s occupancy rate in stabilized properties slid 30 basis points year-over-year, to 92.3% in December, with RBN occupancy falling below 90%.<\/p>\n