rdecapitalgroupllc

𝖣𝖥𝖶 𝖮𝖿𝖿𝗂𝖼𝖾 𝖬𝖺𝗋𝗄𝖾𝗍 𝖴𝗉𝖽𝖺𝗍𝖾

Tue, 03 Mar 2026 16:42:21 GMT

DFW OFFICE MARKET INSIGHT

According to CoStar, the Dallas–Fort Worth office market is showing encouraging signs of recovery, with absorption trending in a positive direction even as vacancy remains elevated.

DFW recorded 1,586,826 SF of net absorption, compared to 1,199,329 SF of new deliveries, signaling continued progress and improving tenant demand.

Despite this momentum, CoStar reports the overall vacancy rate remains high at approximately 18%. Elevated vacancy continues to reflect the market’s ongoing adjustment following years of overbuilding, corporate downsizing and space reductions after COVID, and a continued shift in tenant demand away from older office buildings and toward newer, higher-quality office space.

Dallas–Fort Worth Multifamily Market Update

Tue, 03 Mar 2026 16:40:29 GMT

DFW MULTIFAMILY MARKET INSIGHT

The Dallas–Fort Worth multifamily market remains in a transitional period, as elevated vacancy and negative rent growth continue to reflect the effects of recent supply expansion. According to CoStar Group, vacancy currently stands at 12.4%, while year-over-year rent growth remains negative at –1.8%.

New deliveries continue to outpace demand in the near term. Over the past 12 months, approximately 34,126 units have been delivered, compared to absorption of 23,657 units. While nearly 29,000 units remain under construction, this figure represents a 10-year low, signaling a meaningful contraction in the development pipeline and an important inflection point for future supply.

Looking ahead through 2026, operators should expect continued competitive leasing conditions, including pressure on occupancy and the sustained use of concessions to maintain leasing velocity. However, the slowdown in construction activity is expected to provide gradual supply-side relief. As deliveries moderate and demand remains high, market fundamentals are projected to improve, with broader stabilization and rebalancing anticipated in late 2026 and into early 2027.

Dallas Fort Worth February 2026 Market Update

Thu, 05 Feb 2026 15:42:12 GMT

Market Update - Q1 2026

February, 2026

Source: Costar Group

Market Update Distributed by RDE Capital Group, LLC

Dallas Fort Worth February 2026 Multifamily Market Update

Thu, 05 Feb 2026 15:35:31 GMT

Market Update - Q1 2026

February, 2026

Source: Costar Group

Market Update Distributed by RDE Capital Group, LLC

Dallas Fort Worth January 2026 Market Update

Fri, 02 Jan 2026 19:50:48 GMT

Market Update - Q1 2026

January, 2026

Source: Costar Group

Market Update Distributed by RDE Capital Group, LLC

Dallas Fort Worth January 2026 Multifamily Market Update

Fri, 02 Jan 2026 19:44:37 GMT

Market Update - Q1 2026

January, 2026

Source: Costar Group

Market Update Distributed by RDE Capital Group, LLC

Dallas Fort Worth December 2025 Multifamily Market Update

Tue, 16 Dec 2025 21:24:11 GMT

Market Update - Q4 2025

December, 2025

Source: Costar Group

Market Update Distributed by RDE Capital Group, LLC

Dallas Fort Worth December 2025 Market Update

Tue, 02 Dec 2025 18:27:53 GMT

Market Update - Q4 2025

December, 2025

Source: Costar Group

Market Update Distributed by RDE Capital Group, LLC

Dallas Fort Worth November 2025 Market Update

Thu, 06 Nov 2025 22:41:59 GMT

Market Update - Q4 2025

November, 2025

Source: Costar Group

Market Update Distributed by RDE Capital Group, LLC

DFW Multifamily Market Insight – October

Tue, 07 Oct 2025 15:11:01 GMT

DFW MULTIFAMILY MARKET INSIGHT: OCTOBER 2025

Market conditions remain challenging for multifamily landlords as vacancy rates have risen to 11.8%, and rent growth continues to trend negative at -1.5%, according to Costar Group.

Despite these headwinds, tenant demand remains resilient, with more than 26,000 units absorbed over the past 12 months. Meanwhile, new supply is slowing, with approximately 35,000 units delivered during the same period a notable decline from the roughly 41,000 units delivered a year earlier.

Dallas Fort Worth October 2025 Market Update

Thu, 02 Oct 2025 16:43:57 GMT

Market Update - Q4 2025

October, 2025

Source: Costar Group

Market Update Distributed by RDE Capital Group, LLC

Dallas–Fort Worth Multifamily Market Update – July 2025

Thu, 25 Sep 2025 21:49:06 GMT

Dallas Fort Worth Multifamily Update

According to Costar Group, the Dallas–Fort Worth multifamily market continued to face headwinds in July, with rent growth at -1.1% and vacancy rising to 11.9%.

Despite the challenging metrics, underlying demand remains strong. Net absorption in Q2 2025 totaled approximately 27,000 units in the past 12 months up from less than 24,000 units during the same period last year. On the supply side, deliveries have slowed, with just under 38,000 units brought online over the past year compared to roughly 41,000 a year earlier.

Looking ahead, only 25,000 units are currently under construction, a 10-year low for the DFW market. With demand trending upward and new supply at historic lows, market fundamentals are expected to improve for multifamily owners in the coming quarters.

Dallas Fort Worth September 2025 Market Update

Thu, 25 Sep 2025 19:34:44 GMT

Market Update - Q3 2025

September, 2025

Source: Costar Group

Market Update Distributed by RDE Capital Group, LLC

🆕 Interesting Insight:

enrique@rdecapitalgroup.com (Enrique Arjona) — Mon, 30 Jun 2025 20:10:21 GMT

Interesting Insight:

According to the Bureau of Labor Statistics, the Consumer Price Index for All Urban Consumers (CPI-U) in the Dallas–Fort Worth area increased by 0.6% over the 12 months ending in May 2025. Key category changes include:

CPI - U minues food and energy: +0.5%

Food prices: +2.4%

Energy prices: –2.0%

This marks a continued slowdown in inflation, with the year-over-year CPI-U increase steadily declining since May 2022.

Interesting Insight

enrique@rdecapitalgroup.com (Enrique Arjona) — Mon, 23 Jun 2025 22:01:04 GMT

INTERESTING INSIGHT

Over the past three years, 145 million square feet of industrial space has been delivered to the Dallas–Fort Worth market, according to CoStar Group. As of today, 35% of that space remains unabsorbed.

New Multifamily Construction Continues to Slow in Dallas-Fort Worth

enrique@rdecapitalgroup.com (Enrique Arjona) — Wed, 18 Jun 2025 20:42:18 GMT

New Multifamily Construction Continues to Slow in Dallas-Fort Worth

As of June 2025, there are approximately 26,000 multifamily units under construction in the Dallas-Fort Worth market, according to Costar Group. This marks a sharp decline from the peak in 2023, when construction activity reached 64,000 units.

The pullback in new development reflects a shifting market landscape characterized by elevated vacancy rates—now at 12%—and negative rent growth, currently at -1.1%.

Developers are increasingly hesitant to break ground on new projects due to high financing costs and the underperformance of existing assets, both of which are dampening confidence in the near-term outlook.

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%.

enrique@rdecapitalgroup.com (Enrique Arjona) — Fri, 13 Jun 2025 16:08:51 GMT

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%.

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%.

Despite strong renter demand, with 27,238 units absorbed over the past 12 months, the market continues to grapple with elevated supply. A total of 37,457 new units were delivered during the same period, outpacing absorption and keeping vacancy rates elevated.

However, the supply pipeline is beginning to slow. Currently, 29,000 units are under construction—less than half the 2023 peak of 64,000. As deliveries moderate, vacancy is expected to begin stabilizing toward the end of 2025 and into 2026.

Consumer Prices in Dallas–Fort Worth–Arlington Fall 0.4% Over Two Months Ending March 2025

enrique@rdecapitalgroup.com (Enrique Arjona) — Wed, 14 May 2025 14:34:46 GMT

Consumer Prices in Dallas–Fort Worth–Arlington Fall 0.4% Over Two Months Ending March 2025

Consumer prices in the Dallas–Fort Worth–Arlington area declined 0.4% over the two-month period ending in March 2025, according to the U.S. Bureau of Labor Statistics (BLS).

Breakdown of Changes:

0.6% decrease in all items excluding food and energy

0.1% decrease in energy prices

0.2% increase in food prices

Michael Hirniak, Assistant Commissioner for Regional Operations at the BLS, stated that the decline in core prices —which excludes food and energy—was the primary factor behind the overall drop in the Consumer Price Index for All Urban Consumers (CPI-U).

Despite this recent decline, the CPI-U remains up 1.4% year-over-year through March 2025. Still, the recent easing in prices may indicate a potential cooling in regional inflation.

Dallas Fort Worth May 2025 Market Update

enrique@rdecapitalgroup.com (Enrique Arjona) — Fri, 02 May 2025 17:12:16 GMT

Market Update - Q2 2025

June 1, 2025

Source: Costar Group

Market Update Distributed by RDE Capital Group, LLC

Dallas/Fort Worth Office Market Vacancy at 17.9% to Close Q1 2025

enrique@rdecapitalgroup.com (Enrique Arjona) — Wed, 30 Apr 2025 18:19:39 GMT

Dallas/Fort Worth Office Market Vacancy at 17.9% to Close Q1 2025.

The Dallas/Fort Worth office market ended the first quarter of 2025 with a vacancy rate of 17.9%, remaining above the 10-year average of approximately 15.46% according to CoStar Group.

Despite elevated vacancy levels, there are encouraging signs of momentum in the market. Net absorption over the past 12 months reached 2,371,692 square feet — a sharp improvement compared to just 130,879 square feet a year earlier.

With lease renewal activity on the rise and move-outs on the decline, we are optimistic that market conditions will continue to stabilize in the months ahead.

DFW Industrial Rent Growth Slows to 4.4% in Q1 2025

enrique@rdecapitalgroup.com (Enrique Arjona) — Mon, 28 Apr 2025 19:17:43 GMT

DFW Industrial Rent Growth Slows to 4.4% in Q1 2025

Annual rent growth in the Dallas–Fort Worth industrial market slowed to 4.4% at the close of Q1 2025, according to CoStar Group. This marks a notable decline from the market’s peak in 2022, when annual rent growth reached 10.8%. The first quarter also represents the tenth consecutive month of decelerating rent growth in the region.

Looking ahead, with new construction tapering off and net absorption beginning to outpace new deliveries, rent growth is expected to stabilize through the remainder of 2025. Market fundamentals suggest a gradual return toward the 10-year historical average.

Dallas–Fort Worth Multifamily Market Continues Shifting Toward Landlord Favorability

enrique@rdecapitalgroup.com (Enrique Arjona) — Wed, 09 Apr 2025 17:08:09 GMT

Dallas-Fort Worth Multifamily Market Continues Shifting Toward Landlord Favorability

Over the 12 months ending in March 2025, the Dallas–Fort Worth multifamily market saw the delivery of approximately 38,000 new units, while 29,000 units were absorbed, according to Costar Group. This level of absorption reflects robust demand—significantly above the pre-pandemic average of 20,000 units absorbed annually between 2015 and 2019.

Despite vacancy rates holding at a decade-high of 11.5% and rent growth remaining slightly negative at -0.8%, market conditions are beginning to show signs of a shift toward favoring landlords.

Currently, 33,000 units are under construction—down sharply from the 64,000 units under development in 2023. This substantial decline in new supply, paired with sustained demand, suggests a tightening market.

As absorption continues to catch up with deliveries and construction slows, the DFW multifamily market is poised to tip in favor of landlords by late 2025.

Article Distributed by RDE Capital Group, LLC

Dallas Fort Worth April 2025 Multifamily Market Update

Mon, 07 Apr 2025 16:33:49 GMT

Market Update - Q2 2025

April 1, 2025

Source: Costar Group

Market Update Distributed by RDE Capital Group, LLC

Dallas / Fort Worth Industrial Market Vacancy Remains above 9% for Q12025

Fri, 28 Mar 2025 16:40:50 GMT

Dallas / Fort Worth Industrial Market Vacancy Remains above 9% for Q12025

DFW’s industrial market vacancy rose to 9.2% in Q1 2025, according to CoStar Group, primarily driven by an oversupply of space. Of the 115 million square feet delivered since 2023, 40% remains unoccupied. Vacancy rates are expected to stay above 9% throughout 2025.

Currently, 30 million square feet of industrial space are under construction and slated for delivery in 2025—a sharp decline from the significantly higher construction levels in 2022 and 2023, which were double or more. With new supply slowing due to high borrowing costs, we remain optimistic that vacancy rates will begin to decline by mid-2026.

U.S. Multifamily Rent Growth Projected to Reach 3% by Late 2025

enrique@rdecapitalgroup.com (Enrique Arjona) — Wed, 19 Mar 2025 14:49:10 GMT

U.S. Multifamily Rent Growth Projected to Reach 3% by Late 2025

U.S. multifamily rent growth could climb to 3% by the end of 2025, according to Costar Group, as a tightening supply-demand balance in the rental market puts upward pressure on rents.

In 2024, approximately 690,000 new units were introduced to the U.S. market. However, projections for 2025 indicate a sharp decline, with only 378,000 units expected—a 45% drop. Meanwhile, the market absorbed 547,000 units in 2024. If this absorption rate holds steady, demand will outpace new supply, exerting upward pressure on rents.

As a result, renters could face increasing costs throughout the year, reinforcing expectations of a 3% rent growth by year-end.

Dallas-Fort Worth Multifamily Demand Remains Strong Despite Elevated 11.5% Vacancy Rate.

enrique@rdecapitalgroup.com (Enrique Arjona) — Mon, 10 Mar 2025 22:15:07 GMT

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

Dallas Fort Worth March 2025 Industrial Market Update

Mon, 03 Mar 2025 19:18:56 GMT

Dallas Fort Worth March 2025 Industrial Market Update

Dallas Fort Worth March 2025 Market Update

enrique@rdecapitalgroup.com (Enrique Arjona) — Mon, 03 Mar 2025 19:16:48 GMT

Dallas Fort Worth March 2025 Market Update

Dallas-Fort Worth Consumer Price Index (CPI-U) Rises 2.8% Over the Past Year

enrique@rdecapitalgroup.com (Enrique Arjona) — Fri, 28 Feb 2025 22:29:01 GMT

Dallas-Fort Worth Consumer Price Index (CPI-U) Rises 2.8% Over the Past Year

According to the U.S. Department of Labor and Statistics, the Consumer Price Index for All Urban Consumers (CPI-U) in the Dallas-Fort Worth area rose by 2.8% over the 12 months ending in January 2025. The CPI-U reflects price changes based on the spending patterns of most U.S. households.

While a 2.8% inflation rate may not be alarming, it adds pressure to multifamily property operators, who are already grappling with a high vacancy rate of 11.1% and negative rent growth of -1.1%, as reported by CoStar Group for February 2025.

Breakdown of CPI-U Changes in DFW (12 months ending January 2025):

Overall CPI-U: +2.8%

CPI-U excluding food and energy: +2.8%

Energy prices: +4.3%

Food prices: +1.8%

Despite moderate inflation, economic challenges persist for the multifamily housing market in the region.

Enrique Arjona CPM®

President l Broker

Multifamily Market to Benefit in 2025 as New Unit Deliveries Fall Short

enrique@rdecapitalgroup.com (Enrique Arjona) — Wed, 19 Feb 2025 18:43:26 GMT

Multifamily Market to Benefit in 2025 as New Unit Deliveries Fall Short

The national new unit multifamily deliveries are projected to reach 346,000 in 2025, nearly half of the 677,000 units delivered in 2024 according to Costar Group. With demand holding steady at 2024 levels—when 553,000 units were absorbed nationwide—supply is expected to fall short. This imbalance will likely benefit multifamily operators, driving rent growth and lowering vacancy rates. These market shifts are anticipated to take effect in the second half of 2025.

E nrique Arjona, CPM®

President at RDE Capital Group

Dallas Fort Worth February 2025 Multifamily Market Update

enrique@rdecapitalgroup.com (Enrique Arjona) — Fri, 07 Feb 2025 18:29:31 GMT

Dallas Fort Worth February 2025 Market Update

Our Dallas Fort Worth February 2025 Market Update is now available.

Dallas Fort Worth February Industrial Market Update

enrique@rdecapitalgroup.com (Enrique Arjona) — Fri, 07 Feb 2025 18:27:07 GMT

Dallas Fort Worth February 2025 Industrial Market Update

Our Dallas Fort Worth February 2025 Market Update is now available.

Dallas Fort Worth January 2025 Multifamily Market Update

enrique@rdecapitalgroup.com (Enrique Arjona) — Mon, 06 Jan 2025 23:11:54 GMT

Dallas Fort Worth January 2025 Multifamily Market Update

Our Dallas Fort Worth January 2025 Market Update is now available.

Subscribe to our monthly newsletter to stay ahead of the game: CLICK HERE

Dallas/Fort Worth CPI-U Update: November 2023 to November 2024

enrique@rdecapitalgroup.com (Enrique Arjona) — Fri, 03 Jan 2025 17:14:30 GMT

Dallas/Fort Worth CPI-U Update: November 2023 to November 2024

The Department of Labor and Statistics reports that overall prices rose 1.9% between November 2023 and November 2024. Here’s the breakdown of the Consumer Price Index (CPI-U) by category:

Food: +1.1%

Energy: +2.0%

All other items (excluding food and energy): +2.0%

This marks a significant improvement compared to 2022 and 2023, when CPI-U surged to 8.8% and 5.2%, respectively.

E nrique Arjona, CPM®

Dallas/Fort Worth Multifamily Vacancy Rate Remains Elevated Despite Strong Demand for Apartments

enrique@rdecapitalgroup.com (Enrique Arjona) — Mon, 23 Dec 2024 21:28:21 GMT

Dallas/Fort Worth Multifamily Vacancy Rate Remains Elevated Despite Strong Demand for Apartments

As of December, the multifamily vacancy rate in the Dallas/Fort Worth (DFW) market stands at 11.3%, significantly higher than the 10-year average of 8.3%, according to Costar Group. This elevated rate can largely be attributed to a substantial oversupply of rental units, with developers bringing approximately 42,000 new units to the market in the past year alone.

Despite this high vacancy rate, demand for apartments remains robust. Net absorption—the number of units leased minus the number of units vacated—reached 29,000 units over the same period, indicating a strong appetite for housing even amid increased supply.

Looking ahead, approximately 37,000 additional units are currently under construction, expected to be delivered throughout 2025. This influx is likely to keep vacancy rates elevated above the historical average for the foreseeable future. However, with construction financing costs remaining high, we anticipate a potential reduction in new developments, which could lead to a gradual decline in vacancy rates toward the end of 2025 and into early 2026.

Dallas – Fort Worth Multifamily New Construction Trends Toward Continued Slowdown.

enrique@rdecapitalgroup.com (Enrique Arjona) — Fri, 20 Dec 2024 23:14:00 GMT

Dallas/Fort Worth Multifamily New Construction Trends Toward Continued Slowdown

September 23, 2024

Source: Costar Group

The Dallas—Fort Worth multifamily market is experiencing a notable slowdown in new construction. Currently, 43,000 units are under development, a significant decline from the peak of 64,000 units reached in 2023. This drop is attributed mainly to rising finance costs following interest rate hikes in 2022 and 2023.

Considering Federal Reserve Chairman Jerome Powell's recent announcement regarding a ½ percent reduction in interest rates, the question now arises: will this shift lead to a reversal of the current downward trend in new construction units? Stay tuned for updates.

Industrial Vacancy Rates Climb in the Dallas/Fort Worth Market

enrique@rdecapitalgroup.com (Enrique Arjona) — Fri, 20 Dec 2024 23:07:10 GMT

Industrial Vacancy Rates Climb in the Dallas/Fort Worth Market

October 21, 2024

Source: Costar Group

The Dallas/Fort Worth industrial market is witnessing a continued increase in vacancy rates, with the fourth quarter of 2024 showing a significant rise. In Q4 2023, the vacancy rate stood at 8.2%, while recent reports from Costar indicate it has surged to 9.8% as of October 2024. This upward trend can largely be attributed to the influx of new construction that has outstripped net absorption.

Looking ahead, we expect a downturn in vacancy rates in mid-2025 as elevated interest rates continue to constrain borrowing and potentially limit the volume of new construction entering the market.

Despite strong demand, Dallas-Fort Worth landlords are competing fiercely for tenants due to an influx of new units.

enrique@rdecapitalgroup.com (Enrique Arjona) — Fri, 06 Sep 2024 22:36:14 GMT

Despite strong demand, Dallas-Fort Worth landlords are competing fiercely for tenants due to an influx of new units.

The Dallas-Fort Worth (DFW) multifamily apartment market is currently experiencing robust demand, evidenced by the absorption of 26,257 units over the past 12 months, which notably surpasses the 12,752 units absorbed in 2023 alone. This strong demand is juxtaposed against a high vacancy rate of 10.6%, largely attributable to a substantial influx of new unit deliveries totaling 40,128 in the same period.

With the supply of new units significantly exceeding absorption rates, landlords in the DFW market are compelled to adopt competitive pricing strategies and offer attractive concessions to prospective tenants. This approach not only aims to fill vacancies but also to retain tenant interest in a landscape characterized by abundant choices.

As the market adjusts to these dynamics, observing how landlords navigate pricing and concessions in response to ongoing demand and increasing vacancy rates will be crucial. The balance of supply and demand will continue to shape the market conditions, potentially influencing future development plans and tenant retention strategies in this fast-growing region.

September 6, 2024

Source: CoStarGroup

DFW multifamily rent growth continues negative trend at -1.2%

enrique@rdecapitalgroup.com (Enrique Arjona) — Wed, 04 Sep 2024 19:34:29 GMT

DFW multifamily rent growth continues negative trend at -1.2%

In August, multifamily rents recorded negative rent growth of of -1.2%. This negative trend can largely be attributed to the influx of new units entering the market, intensifying competition among properties. As a result, the proportion of properties offering concessions has surged to over 35%. Nevertheless, forecasts indicate that as tenant demand remains strong and the pace of new units entering the market begins to moderate, rent growth is expected to rebound to positive territory by the end of 2024.

August 12, 2024

Source: CoStar Group

Fascinating Insight:

enrique@rdecapitalgroup.com (Enrique Arjona) — Wed, 04 Sep 2024 19:32:06 GMT

Fascinating Insight: In 2021, the Dallas-Fort Worth multifamily market recorded an impressive sales volume of $26 billion.

Source: CoStar Group

Fascinating Insight: In 2021, the Dallas-Fort Worth multifamily market recorded an impressive sales volume of $26 billion. However, in the last 12 months, this figure plummeted to just $6 billion. This dramatic decline can largely be attributed to rising interest rates, which have led to lower asset values and higher cap rates.

So, how long will these challenging conditions persist? With the CPI inflation rate dropping to 2.9% in July, could the Fed consider a rate cut in September? Stay tuned for updates.

Dallas / Fort Worth Multifamily Vacancy Rate remains above 10 year average.

enrique@rdecapitalgroup.com (Enrique Arjona) — Mon, 05 Aug 2024 21:51:29 GMT

Dallas / Fort Worth Multifamily Vacancy Rate remains above 10 year average.

Source: CoStar Group

As we enter August, the vacancy rate has reached 10.7%, which remains above the 10-year average of 8.1%. This elevated rate is primarily driven by a mismatch between the number of new units entering the market and the slower pace at which renters are absorbing these units. Over the past year, tenants have rented 23,000 units while builders have delivered 39,000 units. Consequently, despite robust demand, the influx of new units continues to surpass absorption rates. This trend is projected to persist until 2025.

Dallas-Fort Worth Multifamily Vacancy Rate at 10.6%

enrique@rdecapitalgroup.com (Enrique Arjona) — Mon, 08 Jul 2024 21:29:40 GMT

Dallas-Fort Worth Multifamily Vacancy Rate at 10.6%

The Dallas-Fort Worth (DFW) multifamily market has seen a notable increase in vacancy rates, reaching 10.6% in June, up from 9.1% at the same time last year in Q2 2023. The primary driver of this increase is the surge in new supply, as numerous new units have entered the market, combined with inflationary pressures that are affecting renters' ability to afford housing. However, despite this uptick in vacancy rates, DFW's multifamily market is positioned to maintain favorable conditions due to ongoing population growth and the recent rise in interest rates, which is curbing single-family home purchases and prompting more renters to remain in the rental pool.

Source: CoStar Group

Welcome to our blog!

Wed, 27 Mar 2024 21:29:26 GMT

Source: CoStar Group

If you are a multifamily property operator in the Dallas/Fort Worth Area, you know the vacancy challenges we are experiencing in the current market. All news sources report high vacancy rates in Dallas/Fort Worth. In fact, vacancy rates have increased to 10.5%, significantly above the 10-year average of 7.9% per Costar. The increase in vacancies is due to the high supply of new apartments entering the market, outpacing the rate at which these units are absorbed. Another factor is inflation, which can cause financial stress for renters and force them to opt for more affordable housing options. Given these challenges, I offer a few initiatives for multifamily operators to protect their property from high vacancy rates.

First, study the competition. Identify the properties that compete with your property for renters. With a quick Google search, you can identify properties competing for the same tenants as your property. Study their concessions, rent rates, pet fees, application fees, admin fees, and processing fees and make the necessary adjustments. Do this at least every month to remain competitive.

Secondly, walk around your property and make sure the property has curb appeal. The property needs to be clean and look professionally managed. Ensure dumpsters are clean, leaves are getting blown, and not stacking up on sidewalks, curb stops, communal areas, and breezeways. Remove debris and convey a sense of freshness to your property. Quality renters pay attention to the details; know that a quality renter might pass up your property due to cleanliness, even if your property has the best rent rates in the market.

Thirdly, tour your vacant units and make sure they show well. Dirty units with foul odors turn off quality renters.

Ensure prospects tour units that are made ready and have a pleasant smell. Cleanliness and functionality spark the prospects’ sense of comfort, and they will desire to move into properties that make them feel right at home.

Finally, discuss the past 90-day activity with your manager. Ask your manager about the number of leads your property generates, the source of the leads, and the outcome of each lead. Know the following: How many leads were generated each month? What was the source of each lead? Did the lead tour the property, and what unit did they tour? Did the lead apply? Was the lead qualified to lease a unit at your property? If qualified, did they rent a unit or move on to another property? If they did not sign a lease, try to find out why. Attempt to contact these leads and get the inside information on why they chose your property or did not. This proactive step will give you insight into how to market your property effectively.

Sometimes, a quick phone call from a property manager or leasing agent to the prospective tenant will disclose why they rented your unit instead of your competitors. Use this valuable feedback to adjust your processes and adapt to the changing market. The feedback can help you adjust how you present your property to new prospects, how you train your staff, and how you operate your processes for better results.

Leasing apartments in the Dallas Fort Worth Market is competitive. Apartment operators that make the necessary adjustments to adapt to the ever-changing market will win the best tenants and achieve their valuation and cash flow goals. Operators that do not adapt will see higher vacancies and lower-quality tenants, leading to high vacancy rates, loss of cash flow, and property value.

rdecapitalgroupllc

𝖣𝖥𝖶 𝖮𝖿𝖿𝗂𝖼𝖾 𝖬𝖺𝗋𝗄𝖾𝗍 𝖴𝗉𝖽𝖺𝗍𝖾

DFW OFFICE MARKET INSIGHT

Dallas–Fort Worth Multifamily Market Update

DFW MULTIFAMILY MARKET INSIGHT

Dallas Fort Worth February 2026 Market Update

Market Update - Q1 2026

Dallas Fort Worth February 2026 Multifamily Market Update

Market Update - Q1 2026

Dallas Fort Worth January 2026 Market Update

Market Update - Q1 2026

Dallas Fort Worth January 2026 Multifamily Market Update

Market Update - Q1 2026

Dallas Fort Worth December 2025 Multifamily Market Update

Market Update - Q4 2025

Dallas Fort Worth December 2025 Market Update

Market Update - Q4 2025

Dallas Fort Worth November 2025 Market Update

Market Update - Q4 2025

DFW Multifamily Market Insight – October

DFW MULTIFAMILY MARKET INSIGHT: OCTOBER 2025

Dallas Fort Worth October 2025 Market Update

Market Update - Q4 2025

Dallas–Fort Worth Multifamily Market Update – July 2025

Dallas Fort Worth Multifamily Update

Dallas Fort Worth September 2025 Market Update

Market Update - Q3 2025

🆕 Interesting Insight:

Interesting Insight:

Interesting Insight

INTERESTING INSIGHT

New Multifamily Construction Continues to Slow in Dallas-Fort Worth

New Multifamily Construction Continues to Slow in Dallas-Fort Worth

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%.

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

Dallas Fort Worth May 2025 Market Update

Market Update - Q2 2025

Dallas/Fort Worth Office Market Vacancy at 17.9% to Close Q1 2025

Dallas/Fort Worth Office Market Vacancy at 17.9% to Close Q1 2025.

DFW Industrial Rent Growth Slows to 4.4% in Q1 2025

DFW Industrial Rent Growth Slows to 4.4% in Q1 2025

Dallas–Fort Worth Multifamily Market Continues Shifting Toward Landlord Favorability

Dallas-Fort Worth Multifamily Market Continues Shifting Toward Landlord Favorability

Dallas Fort Worth April 2025 Multifamily Market Update

Market Update - Q2 2025

Dallas / Fort Worth Industrial Market Vacancy Remains above 9% for Q12025

Dallas / Fort Worth Industrial Market Vacancy Remains above 9% for Q12025

U.S. Multifamily Rent Growth Projected to Reach 3% by Late 2025

U.S. Multifamily Rent Growth Projected to Reach 3% by Late 2025

Dallas-Fort Worth Multifamily Demand Remains Strong Despite Elevated 11.5% Vacancy Rate.

Dallas-Fort Worth Multifamily Demand Remains Strong Despite Elevated 11.5% Vacancy Rate.

Dallas Fort Worth March 2025 Industrial Market Update

Dallas Fort Worth March 2025 Industrial Market Update

Dallas Fort Worth March 2025 Market Update

Dallas Fort Worth March 2025 Market Update

Dallas-Fort Worth Consumer Price Index (CPI-U) Rises 2.8% Over the Past Year

Dallas-Fort Worth Consumer Price Index (CPI-U) Rises 2.8% Over the Past Year

Multifamily Market to Benefit in 2025 as New Unit Deliveries Fall Short

Multifamily Market to Benefit in 2025 as New Unit Deliveries Fall Short

Dallas Fort Worth February 2025 Multifamily Market Update

Dallas Fort Worth February 2025 Market Update

Dallas Fort Worth February Industrial Market Update

Dallas Fort Worth February 2025 Industrial Market Update

Dallas Fort Worth January 2025 Multifamily Market Update

Dallas Fort Worth January 2025 Multifamily Market Update

Dallas/Fort Worth CPI-U Update: November 2023 to November 2024

Dallas/Fort Worth CPI-U Update: November 2023 to November 2024

E nrique Arjona, CPM®

Dallas/Fort Worth Multifamily Vacancy Rate Remains Elevated Despite Strong Demand for Apartments

Dallas/Fort Worth Multifamily Vacancy Rate Remains Elevated Despite Strong Demand for Apartments ﻿

Dallas – Fort Worth Multifamily New Construction Trends Toward Continued Slowdown.

Dallas/Fort Worth Multifamily New Construction Trends Toward Continued Slowdown

Industrial Vacancy Rates Climb in the Dallas/Fort Worth Market

Industrial Vacancy Rates Climb in the Dallas/Fort Worth Market

Despite strong demand, Dallas-Fort Worth landlords are competing fiercely for tenants due to an influx of new units.

Despite strong demand, Dallas-Fort Worth landlords are competing fiercely for tenants due to an influx of new units.

DFW multifamily rent growth continues negative trend at -1.2%

DFW multifamily rent growth continues negative trend at -1.2%

Fascinating Insight:

Dallas/Fort Worth Multifamily Vacancy Rate Remains Elevated Despite Strong Demand for Apartments