RDE Capital Group Represents Buyer in North Park Plaza Acquisition in North Richland Hills

Stronger apartment demand and slowing deliveries point to a healthier DFW market heading into 2027.

The Dallas–Fort Worth multifamily market continues to show encouraging signs of improvement, driven by stronger apartment demand and declining new construction deliveries.

Demand rises. Deliveries slow.

According to CoStar Group, 12-month net absorption reached nearly 32,000 units as of October 2026, compared to approximately 24,000 units in October 2025—an increase of 33%.

Meanwhile, 12-month apartment deliveries declined 18%, from 32,714 units in October 2025 to 26,691 units in October 2026.

DFW 12-month net absorption rose from approximately 24,000 to 32,000 units while deliveries fell from 32,714 to 26,691, October 2025 to October 2026.

Source: CoStar Group | October 2026 · View full-size chart ↗

What this means for 2027

With absorption now outpacing new deliveries and approximately 30,000 units still under construction, we anticipate improving market conditions throughout 2027, particularly by the fourth quarter.

For existing multifamily owners, these trends could translate into higher occupancy, fewer rental concessions, and a gradual recovery in rental rate growth.

Our outlook: DFW's multifamily market is moving toward a healthier supply-and-demand balance, creating a more favorable environment for property owners and investors heading into 2027.

Source: CoStar Group | October 2026
2027 outlook: RDE Capital Group