{"id":9695,"date":"2025-07-31T07:38:00","date_gmt":"2025-07-31T07:38:00","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=9695"},"modified":"2025-12-04T07:46:01","modified_gmt":"2025-12-04T07:46:01","slug":"dallas-multifamily-market-report-july-2025","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/dallas-multifamily-market-report-july-2025\/","title":{"rendered":"Dallas Multifamily Market Report \u2013 July 2025"},"content":{"rendered":"\n<p class=\"has-normal-font-size\">Read the latest Yardi Matrix <strong><a href=\"\/blog\/dallas-multifamily-market-report\/\">Dallas Multifamily Market Report<\/a><\/strong>.<\/p>\n\n\n<hr \/>\n<h2>Deliveries Impact Asking Rents, Occupancy<\/h2>\n<p>Supply growth continued to dominate Dallas\u2013Fort Worth\u2019s fundamentals in early 2025, notes the latest Yardi Matrix Dallas multifamily market report. After 11 consecutive months without growth, the average advertised asking rent recorded its first uptick on a trailing three-month basis in May, up 0.1% to $1,528. Year-over-year, rates fell 1.5%, lagging the U.S. figure, which climbed 1.0% to $,1761, as\u00a0reported in the\u00a0<a href=\"https:\/\/www.yardimatrix.com\/blog\/national-multifamily-market-report\/\"><strong>national multifamily market outlook<\/strong><\/a>. The occupancy rate in stabilized properties slid 50 basis points year-over-year, to 92.6% in April, marking the third-lowest rate among Yardi Matrix\u2019s top 30 metros.<\/p>\n<p><iframe id=\"datawrapper-chart-uf6j5\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Dallas vs. National Rent Growth \" src=\"https:\/\/datawrapper.dwcdn.net\/uf6j5\/1\/\" height=\"329\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Interactive line chart\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}})}();<br \/>\n<\/script><\/p>\n<p>Employment growth stood at 1.3% through March, outperforming the 0.9% U.S. rate. Education and health services (12,700 jobs) and trade, transportation and utilities (11,200 jobs) led gains, while manufacturing (-1,400 jobs) and professional and business services (-700 jobs) contracted. The unemployment rate stood at 3.5% in April, outperforming both the U.S. (4.2%) and Texas (4.1%). While Dallas-area office construction moderated, it still remained above national levels. Meanwhile, office-to-residential conversions are on the rise, with 4.8 million square feet tagged by CommercialEdge as highly suitable for redevelopment.<\/p>\n<p><iframe id=\"datawrapper-chart-UwvWY\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Dallas Employment Share by Sector  \" src=\"https:\/\/datawrapper.dwcdn.net\/UwvWY\/1\/\" height=\"417\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}})}();<br \/>\n<\/script><\/p>\n<p>Developers delivered 9,386 units in 2025 as of May and had an additional 53,496 units underway, with new construction moderating closer to typical volumes. Investment remained tepid, although the $1.5 billion in sales recorded through May ranked highest in the U.S. The average price per unit rose 10% year-to-date.<\/p>\n<p>Read the full Yardi Matrix Dallas Multifamily Market Report: <a href=\"https:\/\/www.yardimatrix.com\/publications\/download\/file\/7518-MatrixMultifamilyDallasReport-July2025\"><strong>July 2025<\/strong><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Deliveries Impact Asking Rents, Occupancy Supply growth continued to dominate Dallas\u2013Fort Worth\u2019s fundamentals in early 2025, notes the latest Yardi Matrix Dallas multifamily market report. After 11 consecutive months without growth, the average advertised asking rent recorded its first uptick on a trailing three-month basis in May, up 0.1% to $1,528. Year-over-year, rates fell 1.5%, [&hellip;]<\/p>\n","protected":false},"author":436,"featured_media":9174,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,5,4],"tags":[465,513],"class_list":["post-9695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metro-reports","category-multifamily-market","category-real-estate-trends","tag-dallas","tag-multifamily-outlook-2025"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dallas Multifamily Market Report \u2013 July 2025 - Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"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.\" \/>\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\/dallas-multifamily-market-report-july-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dallas Multifamily Market Report \u2013 July 2025\" \/>\n<meta property=\"og:description\" content=\"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.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardimatrix.com\/blog\/dallas-multifamily-market-report-july-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Matrix Blog\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-31T07:38:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-04T07:46:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2025\/04\/Dallas-iStock-2211624724-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=\"Adina Rogoz\" \/>\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":"Dallas Multifamily Market Report \u2013 July 2025 - 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