More than 67,000 multifamily units have been completed in Houston since 2023, and roughly 18,000 remain vacant, underscoring the scale of the supply overhang.
CoStar Insight
Rent growth negative in Houston’s multifamily market as operators prioritize occupancy
Supply overhang, softer demand weigh on market occupancy
CoStar Analytics
April 3, 2026 | 7:28 P.M.
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