RDE Capital Group LLC
Dallas-Fort Worth Multifamily Demand Remains Strong Despite Elevated 11.5% Vacancy Rate.
The Dallas-Fort Worth multifamily market continues to demonstrate strong demand, with net absorption reaching 28,000 units in the 12 months ending February 2025, according to CoStar Group. This exceeds pre-pandemic annual demand, which averaged 21,000 units between 2015 and 2019.
Looking ahead, 38,000 new units are currently under construction and set for delivery in 2025—a significant decline from the 64,000 units under construction in 2023.
As new supply continues to shrink, vacancy rates are expected to decline, leading to a potential rebound in rent growth.
Enrique Arjona CPM®
President l Broker
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The Dallas–Fort Worth multifamily market posted a vacancy rate of 11.7% in May 2025, according to Costar Group—well above the 10-year average of 8.5%.
Consumer Prices in Dallas–Fort Worth–Arlington Fall 0.4% Over Two Months Ending March 2025
