Q2 2025 | Tulsa Multifamily Report

Market Overview

In Q2 2025, Tulsa’s multifamily market showed signs of cooling demand. Net absorption fell to 221 units in the quarter, while 689 new units were completed, pushing supply slightly ahead of demand. Nonetheless, rent resilience remains strong—with year-over-year growth of 1.7 percent, nearly double the national average. Meanwhile, the construction pipeline shrank to approximately 1,350 units, down over 50 percent from its cycle peak, signaling reduced future supply pressure.

About Colliers

Colliers is a global commercial real estate services firm based in Toronto, operating in more than 60 countries. The firm specializes in brokerage, capital markets, valuation, advisory, and market research services. Its multifamily market reports integrate robust data with regional expertise to help investors, owners, and developers interpret shifting market dynamics and make informed decisions.