July 15, 2026

Matrix Multifamily Houston Report-July 2026

Late spring rent gain in Houston

Houston advertised asking rents inched up 0.1 percent on a T3 basis through May to $1,359, the first gain since May 2025, but fell 1.2 percent YoY. Meanwhile, occupancy dropped 110 bps YoY to 91.6 percent in April.

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