Market Snapshot | TULSA Q2 2025

Market Overview

Tulsa’s multifamily market softened in Q2 2025 as net absorption dropped to 221 units from 537 in Q1, while completions outpaced demand with 727 delivered units. Average rent rose 1.7 percent year-over-year to $1,040, and occupancy declined slightly to 91.6 percent. The construction pipeline contracted sharply—with only 1,350 units underway, less than 2 percent of existing inventory—pointing toward easing supply pressures ahead.

About MMG

MMG Real Estate Advisors delivers multifamily market intelligence and capital strategy across major U.S. metros, including Tulsa. Their quarterly market reports integrate rental trends, occupancy metrics, absorption figures, and pipeline analysis—combined with local context—to help investors, developers, and owners assess regional performance and make informed decisions.