MARKET SNAPSHOT Dallas-Fort Worth Q3 2025

Market Overview

‍Momentum is building in the Dallas–Fort Worth multifamily market: net absorption of 22,178 units year-to-date has begun to outpace new deliveries, even as average rent fell 1.8% to $1,519 and occupancy slipped to 90.7%. With unit completions tracking 26,210 so far and a sharper drop in new starts, the stage appears to be set for a supply-led stabilization and eventual rent rebound.

‍About MMG

‍MMG Real Estate Advisors is a Texas-based multifamily advisory and research firm focused on U.S. metro-level rental housing markets. Their Q3 2025 DFW market report draws on unit-level fundamentals, rent, occupancy, absorption, completions, and provides forward-looking commentary for investors, developers and owners seeking signals of market inflection. To read the full report, click here.