Oklahoma City, OK Multifamily Market Report | Colliers | Q4 2025

Market Overview

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Oklahoma City's multifamily market closed Q4 2025 navigating a brief but notable softening, with net absorption turning negative at 23 units for the first time since Q4 2023. Occupancy eased to 95.0% and average asking rents dipped to $1,060 per unit as new deliveries of 219 units added modest supply pressure to a market still digesting earlier completions. Construction activity contracted for the ninth consecutive quarter, leaving just 681 units underway at quarter-end. With the pipeline thinning and rents projected to reach $1,098 by year-end 2026, the market's fundamentals point toward gradual rebalancing as supply pressure dissipates entering the new year.

‍About Colliers

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Colliers is a global real estate advisory and investment management firm serving owners, operators, and investors across major U.S. markets. Their Q4 2025 Oklahoma City multifamily report tracks occupancy, rents, absorption, deliveries, and construction activity to help owners, developers, and investors assess market conditions and timing. To read the full report, click here.