$0
Average Rent
$1,409 average rent in Austin, Q3 2026
0%
Occupancy Rate
101% occupancy rate Austin, Q3 2026
0
T4Q Net Absorption
20,946 T4Q net absorption in Austin, Q3 2026
0%
Annual Rent Change
-2% annual rent change in Austin, Q3 2026
0
BPS Annual Occupancy Change
100 BPS annual occupancy change in Austin, Q3 2026
0
T4Q Unit Completions
13,751 T4Q net absorption in Austin, Q3 2026
Key Takeaways
- Renter demand in Austin remains strong, with annual absorption outpacing new deliveries for five straight quarters and running well above the market’s long-run average.
- Occupancy climbed 100 basis points from a year earlier to 90.9%, its highest level since mid-2024, as the delivery wave continues to recede.
- Effective rents declined 2.0% year over year to $1,409, though the annual decline has narrowed to its smallest since early 2023 and rents are positioned to turn positive in 2027.
Market Outlook
Austin’s rental market has turned an important corner after absorbing an exceptionally large supply wave. Annual demand has outpaced completions…
Austin Advisors
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Region
South Central / Gulf & Plains
Office Location
Texas
License Number
507689 (B)
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Region
South Central / Gulf & Plains
Office Location
Texas
License Number
599728
Phone
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Mike Miller
Managing Director
Region
South Central / Gulf & Plains
Office Location
Texas
License Number
421122
Phone
Email
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