$0
Average Rent
$1,065 average rent in Tulsa, Q3 2026
0%
Occupancy Rate
89% occupancy rate Tulsa, Q3 2026
0
T4Q Net Absorption
1,035 T4Q net absorption in Tulsa, Q3 2026
0%
Annual Rent Change
1% annual rent change in Tulsa, Q3 2026
0
BPS Annual Occupancy Change
-20 BPS annual occupancy change in Tulsa, Q3 2026
0
T4Q Unit Completions
977 T4Q net absorption in Tulsa, Q3 2026
KEY TAKEAWAYS
- Annual absorption of 1,035 units has edged ahead of the 977 units delivered over the past year, the first time demand has outpaced new supply since early 2022.
- Effective rents rose 1.4% in the third quarter and 1.1% year over year to $1,065, the strongest annual gain since early 2025.
- Occupancy has recovered 70 basis points from its late-2025 low to 89.4%, as the construction pipeline has fallen to its smallest level since 2022.
MARKET OUTLOOK
Tulsa’s market is turning a corner as supply pressures fade. Annual absorption of 1,035 units has edged past deliveries for the first time since early 2022, completions have fallen 34% to 977 units, and the pipeline sits 64% below its 2023 peak…
Tulsa Advisors
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Midwest / Heartland
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Missouri
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