Dallas-Fort Worth, TX Multifamily Market Report | MMG Real Estate Advisors | Q1 2026

Market Overview

Dallas-Fort Worth's multifamily market continued working through the final phase of an outsized supply cycle in Q1 2026, with average rent at $1,500, down 2.7% year-over-year, and occupancy at 89.9%, down 100 basis points annually. Supply-demand dynamics remained unbalanced with trailing 12-month completions of 33,270 units running well ahead of absorption of 23,963 units, though Q1 2026 absorption of 4,993 units accelerated from Q4 2025's 3,500 even as it remained down 17% from a year earlier. The construction pipeline is contracting meaningfully, with trailing 12-month starts falling to 19,298 units from 24,878 a year ago and the active pipeline down 19% from its recent peak, while Q1 marked the first quarter-over-quarter rent gain in four quarters, setting the stage for occupancy stabilization ahead. NOTE: The full report requires submitting contact information through a download form; the description above reflects publicly visible market snapshot data only.

‍
About MMG Real Estate Advisors

‍
MMG Real Estate Advisors is a multifamily investment sales and research firm tracking apartment market fundamentals across the Southeast, Midwest, and beyond. Their Q1 2026 Dallas-Fort Worth multifamily market snapshot tracks rent, occupancy, absorption, and supply trends to help owners and investors assess market timing. To read the full report, click here.