Matrix Multifamily Austin Report-July 2025

Market Overview

In mid-2025, Austin’s multifamily market continued to show signs of stabilization following a high-supply environment. Advertised asking rents remained steady, while occupancy began to climb back toward historical norms, recovering from a recent dip. Leasing velocity remains elevated for Class A properties, and despite continued deliveries, the reduction in new supply during the second quarter has started to balance supply fundamentals.

About Yardi Matrix

Yardi Matrix is a leading provider of commercial real estate data and analytics across multifamily, student housing, office, industrial, self-storage, and other sectors. Their metro-level multifamily reports deliver timely insights on rent trends, occupancy, development pipelines, and market fundamentals to empower data-driven decisions by investors, operators, and analysts.