Matrix Multifamily Dallas Report-July 2025

Market Overview

In mid-2025, the Dallas multifamily market saw its first uptick in trailing three-month asking rents in months, rising to $1,528—even though rents remain down 1.5% year-over-year. Occupancy slipped to 92.6%, reflecting continued pressure from robust new construction and elevated deliveries. While absorption remains healthy, the balance between supply and demand remains delicate as the market recalibrates.

About Yardi Matrix

Yardi Matrix is a premier provider of real estate data and analytics across multifamily, student housing, office, industrial, self-storage, and more. Its metro-level reports deliver critical insights on rent performance, occupancy trends, supply pipelines, and market fundamentals—offering invaluable intelligence for investors, operators, and analysts.