Houston, TX Multifamily Market Update | Newmark | Q1 2026

Market Overview

Houston's multifamily market opened 2026 with average rent at $1,272 per unit and average occupancy of 90.0% per Newmark's Q1 2026 update, alongside continued rent growth across the metro as fundamentals remained healthy during the quarter. The Houston Multifamily Real Estate Market Update is curated by Newmark to inform corporate real estate owners, occupiers, and investors on the current state of the Houston area's multifamily sector, tracking rent, occupancy, and demand trends quarter over quarter.

About Newmark

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Newmark is a leading commercial real estate advisory firm providing investment sales, debt and structured finance, and valuation services to owners, investors, and occupiers nationwide. Their Houston Multifamily Market Update tracks rent and occupancy trends across the metro to support corporate real estate decision-making. To read the full report, click here.