Austin, TX Multifamily Market Report | Colliers | Q4 2025

Market Overview

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Austin's multifamily market closed Q4 2025 still working through the effects of years of record supply, with average rents falling for the tenth consecutive quarter to $1,396 per unit. New apartment supply declined 1.16% in Q4, returning to the inventory contraction trend seen earlier in the year, and 16,595 units remained under construction with more groundbreakings anticipated ahead. Despite the ongoing rent pressure, Colliers characterizes the market as actively rebalancing, with easing competition, slower construction, and improving conditions laying the groundwork for long-term stability as the supply cycle winds down.

‍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 Austin multifamily report tracks rents, supply, absorption, and construction activity to help owners, developers, and investors assess market conditions and timing. To read the full report, click here.