{"id":6726,"date":"2026-07-17T10:51:00","date_gmt":"2026-07-17T10:51:00","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=6726"},"modified":"2026-07-21T10:43:33","modified_gmt":"2026-07-21T10:43:33","slug":"houston-multifamily-market-report","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/houston-multifamily-market-report\/","title":{"rendered":"Houston Multifamily Market Report \u2013 July 2026"},"content":{"rendered":"<h2>Rents Improve, Supply Pressures Persist<\/h2>\n<p>Houston\u2019s multifamily market showed early signs of seasonal rent improvement, but softness in occupancy and investment pricing kept the recovery uneven, according to the latest Houston multifamily market report. Advertised asking rents inched up 0.1%, on a trailing three-month basis through May, to $1,359, 20 basis points below the U.S. average. The occupancy rate in stabilized properties dropped 100 basis points year-over-year, to 91.6% in April, below the 94.1% national figure, as reported in the <a href=\"\/blog\/national-multifamily-market-report\/\"><strong>U.S. multifamily report<\/strong><\/a>.<\/p>\n<p><iframe id=\"datawrapper-chart-5piHe\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Houston vs. National Rent Growth\" src=\"https:\/\/datawrapper.dwcdn.net\/5piHe\/1\/\" height=\"334\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Line chart\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">(function(){function e(){window.addEventListener(`message`,function(e){if(e.data[`datawrapper-height`]!==void 0){var t=document.querySelectorAll(`iframe`);for(var n in e.data[`datawrapper-height`])for(var r=0,i;i=t[r];r++)if(i.contentWindow===e.source){var a=e.data[`datawrapper-height`][n]+`px`;i.style.height=a}}})}e()})();<\/script><\/p>\n<p>Houston\u2019s employment growth slowed to 0.4% year-over-year through February but remained ahead of the U.S. rate. Unemployment clocked in at 4.3% in April, mirroring the state and national rates, according to preliminary data from the Bureau of Labor Statistics. Houston added 7,700 net jobs in the 12 months ending in February, with education and health services leading gains. Logistics and manufacturing activity remained a key offset, with Port Houston securing funding for Bayport improvements, Target opening its first U.S. Receive Center and Apple expanding its Houston manufacturing campus.<\/p>\n<p><iframe id=\"datawrapper-chart-G7BBk\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Houston Employment Share by Sector\" src=\"https:\/\/datawrapper.dwcdn.net\/G7BBk\/1\/\" height=\"416\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">(function(){function e(){window.addEventListener(`message`,function(e){if(e.data[`datawrapper-height`]!==void 0){var t=document.querySelectorAll(`iframe`);for(var n in e.data[`datawrapper-height`])for(var r=0,i;i=t[r];r++)if(i.contentWindow===e.source){var a=e.data[`datawrapper-height`][n]+`px`;i.style.height=a}}})}e()})();<\/script><\/p>\n<p>Developers delivered 3,941 units through May, while the pipeline remained sizable with 26,447 units under construction. Transaction volume reached $1 billion through May, with West Houston accounting for 92% of the total. Meanwhile, the average price per unit decreased 1.4% year-to-date through May, to $131,022, a softer decline than the national 7.6% drop to $185,821.<\/p>\n<p>Read the full Yardi Matrix Houston Multifamily Market Report: <a href=\"https:\/\/www.yardimatrix.com\/publications\/download\/file\/8962-MatrixMultifamilyHoustonReport-July2026\"><strong>July 2026<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rents Improve, Supply Pressures Persist Houston\u2019s multifamily market showed early signs of seasonal rent improvement, but softness in occupancy and investment pricing kept the recovery uneven, according to the latest Houston multifamily market report. Advertised asking rents inched up 0.1%, on a trailing three-month basis through May, to $1,359, 20 basis points below the U.S. [&hellip;]<\/p>\n","protected":false},"author":753,"featured_media":10597,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,5,4],"tags":[466,519],"class_list":["post-6726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metro-reports","category-multifamily-market","category-real-estate-trends","tag-houston","tag-multifamily-outlook-2026"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Houston Multifamily Market Report | Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"Access the up-to-date Houston multifamily market report by Yardi Matrix to understand market fundamentals and get the latest data.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardimatrix.com\/blog\/houston-multifamily-market-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Houston Multifamily Market Report \u2013 July 2026\" \/>\n<meta property=\"og:description\" content=\"Access the up-to-date Houston multifamily market report by Yardi Matrix to understand market fundamentals and get the latest data.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardimatrix.com\/blog\/houston-multifamily-market-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Matrix Blog\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-17T10:51:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-21T10:43:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2026\/03\/Houston-iStock-2281592166-MHN.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Razvan Cimpean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anca Gagiuc\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Houston Multifamily Market Report | Yardi Matrix Blog","description":"Access the up-to-date Houston multifamily market report by Yardi Matrix to understand market fundamentals and get the latest data.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.yardimatrix.com\/blog\/houston-multifamily-market-report\/","og_locale":"en_US","og_type":"article","og_title":"Houston Multifamily Market Report \u2013 July 2026","og_description":"Access the up-to-date Houston multifamily market report by Yardi Matrix to understand market fundamentals and get the latest data.","og_url":"https:\/\/www.yardimatrix.com\/blog\/houston-multifamily-market-report\/","og_site_name":"Yardi Matrix Blog","article_published_time":"2026-07-17T10:51:00+00:00","article_modified_time":"2026-07-21T10:43:33+00:00","og_image":[{"width":1200,"height":900,"url":"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2026\/03\/Houston-iStock-2281592166-MHN.jpg","type":"image\/jpeg"}],"author":"Razvan Cimpean","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Anca Gagiuc","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.yardimatrix.com\/blog\/houston-multifamily-market-report\/#article","isPartOf":{"@id":"https:\/\/www.yardimatrix.com\/blog\/houston-multifamily-market-report\/"},"author":{"name":"Razvan Cimpean","@id":"https:\/\/www.yardimatrix.com\/blog\/#\/schema\/person\/694c0c0a53e89aa8de1e53ff8201b3b6"},"headline":"Houston Multifamily Market Report \u2013 July 2026","datePublished":"2026-07-17T10:51:00+00:00","dateModified":"2026-07-21T10:43:33+00:00","mainEntityOfPage":{"@id":"https:\/\/www.yardimatrix.com\/blog\/houston-multifamily-market-report\/"},"wordCount":229,"commentCount":0,"publisher":{"@id":"https:\/\/www.yardimatrix.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.yardimatrix.com\/blog\/houston-multifamily-market-report\/#primaryimage"},"thumbnailUrl":"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2026\/03\/Houston-iStock-2281592166-MHN.jpg","keywords":["Houston","Multifamily Outlook 2026"],"articleSection":["Metro Reports","Multifamily Market","Real Estate Trends"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.yardimatrix.com\/blog\/houston-multifamily-market-report\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.yardimatrix.com\/blog\/houston-multifamily-market-report\/","url":"https:\/\/www.yardimatrix.com\/blog\/houston-multifamily-market-report\/","name":"Houston Multifamily Market Report | Yardi Matrix Blog","isPartOf":{"@id":"https:\/\/www.yardimatrix.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.yardimatrix.com\/blog\/houston-multifamily-market-report\/#primaryimage"},"image":{"@id":"https:\/\/www.yardimatrix.com\/blog\/houston-multifamily-market-report\/#primaryimage"},"thumbnailUrl":"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2026\/03\/Houston-iStock-2281592166-MHN.jpg","datePublished":"2026-07-17T10:51:00+00:00","dateModified":"2026-07-21T10:43:33+00:00","description":"Access the up-to-date Houston multifamily market report by Yardi Matrix to understand market fundamentals and get the latest data.","breadcrumb":{"@id":"https:\/\/www.yardimatrix.com\/blog\/houston-multifamily-market-report\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.yardimatrix.com\/blog\/houston-multifamily-market-report\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.yardimatrix.com\/blog\/houston-multifamily-market-report\/#primaryimage","url":"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2026\/03\/Houston-iStock-2281592166-MHN.jpg","contentUrl":"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2026\/03\/Houston-iStock-2281592166-MHN.jpg","width":1200,"height":900,"caption":"Photo by Art Wager\/iStockphoto.com"},{"@type":"BreadcrumbList","@id":"https:\/\/www.yardimatrix.com\/blog\/houston-multifamily-market-report\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.yardimatrix.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Houston Multifamily Market Report \u2013 July 2026"}]},{"@type":"WebSite","@id":"https:\/\/www.yardimatrix.com\/blog\/#website","url":"https:\/\/www.yardimatrix.com\/blog\/","name":"Yardi Matrix Blog","description":"Stay current with the latest commercial real estate market trends and forecasts","publisher":{"@id":"https:\/\/www.yardimatrix.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.yardimatrix.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.yardimatrix.com\/blog\/#organization","name":"Yardi Matrix","url":"https:\/\/www.yardimatrix.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.yardimatrix.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2020\/11\/Inline_Matrix_Color_es-1.jpg","contentUrl":"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2020\/11\/Inline_Matrix_Color_es-1.jpg","width":200,"height":39,"caption":"Yardi Matrix"},"image":{"@id":"https:\/\/www.yardimatrix.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.linkedin.com\/company\/yardi-matrix\/","https:\/\/www.youtube.com\/channel\/UCRHgAZL4YoyeNEdiRN5uj0g"]},{"@type":"Person","@id":"https:\/\/www.yardimatrix.com\/blog\/#\/schema\/person\/694c0c0a53e89aa8de1e53ff8201b3b6","name":"Razvan Cimpean","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a2a826ff843b4f800ff5528644dc28dc336a20ec16082b6108ff5a5def333e6d?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a2a826ff843b4f800ff5528644dc28dc336a20ec16082b6108ff5a5def333e6d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a2a826ff843b4f800ff5528644dc28dc336a20ec16082b6108ff5a5def333e6d?s=96&d=mm&r=g","caption":"Razvan Cimpean"},"url":""}]}},"jetpack_featured_media_url":"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2026\/03\/Houston-iStock-2281592166-MHN.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/posts\/6726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/users\/753"}],"replies":[{"embeddable":true,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/comments?post=6726"}],"version-history":[{"count":9,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/posts\/6726\/revisions"}],"predecessor-version":[{"id":10598,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/posts\/6726\/revisions\/10598"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/media\/10597"}],"wp:attachment":[{"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/media?parent=6726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/categories?post=6726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/tags?post=6726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}