Q3 2025 | Oklahoma City Multifamily Report

Market Overview

‍Oklahoma City’s multifamily sector showed steady momentum in Q3 2025, driven by firm renter demand and rising occupancy. The market absorbed 673 units while 228 new units were delivered, bringing total inventory to 104,284 units. Overall occupancy climbed to 95.2 percent as gains were recorded across all asset classes. Average asking rent continued its gradual rise, reaching $1,065 per month, up from $1,050 in the prior quarter. With only 869 units under construction, supply pressure is easing, which supports continued rent stability heading into year end.

‍About Colliers

‍Colliers is a global real estate services and investment management firm that produces quarterly market analyses covering rents, occupancy, absorption, deliveries and construction activity. The Oklahoma City multifamily report provides data and insights to help owners, investors and developers navigate local market conditions and plan strategically. To read the full report, click here.