Houston Multifamily Market Report | Q2 2025

Market Overview

In Q2 2025, Houston’s Class A multifamily segment posted 84.7 percent occupancy, up from 81.4 percent a year earlier. Quarterly Class A rents increased 0.5 percent to an average of $1,744, although they remain down 0.9 percent year-over-year. The data suggest a slow but positive shift in demand for higher-end apartments even as rents face pressure compared to last year.

About Colliers

Colliers is a global commercial real estate services firm headquartered in Toronto, operating in over 60 countries. The firm provides brokerage, capital markets, valuation, research, and advisory services. Colliers’ multifamily reports blend regional market data with economic analysis to support investors, owners, and developers in navigating shifting multifamily dynamics.