Matrix Multifamily Houston Report-July 2025

Market Overview

In mid-2025, Houston’s multifamily market began showing signs of recovery. Advertised asking rents increased 0.2 percent over the trailing three months to $1,371, though occupancy remained soft at 92.6 percent. Job growth in the metro outpaced national averages, supporting demand, while deliveries eased slightly as starts returned toward long-term norms.

About Yardi Matrix

Yardi Matrix is a leading provider of commercial real estate data and analytics across multifamily, student housing, office, industrial, self-storage, and more. Their metro-level multifamily reports deliver timely insights into rent trends, occupancy, pipeline activity, and market fundamentals—supporting data-driven decisions by investors, operators, and analysts.