MARKET SNAPSHOT Florida Panhandle q3 2025

Market Overview

‍Strong leasing momentum is emerging in the Florida Panhandle, with Q3 2025 net absorption reaching 768 units—a 19 percent increase year-over-year. Average asking rent stood at about $1,563, while occupancy fell slightly to 90.2 percent amid 1,996 units delivered year-to-date. With around 2,660 units currently under construction—down from a peak of 7,400—the supply pipeline is contracting, and fundamentals are expected to gradually stabilise into 2026 even as rent growth remains soft.

‍About MMG

‍MMG Real Estate Advisors is a U.S. multifamily research and advisory firm that publishes metro-level quarterly reports on rent trends, occupancy, absorption, construction, and pipeline activity. Their Florida Panhandle Q3 2025 market report provides owners, developers and investors with actionable insight on timing, supply risk, and strategic positioning. To read the full report, click here.