The Albuquerque multifamily outlook for 2026 runs opposite to most of the Southwest. Metro occupancy held at 94.9% in the first quarter even though the city lost population and jobs. Only 619 units were under construction,
This Houston Submarket Watch shows a metro splitting in two. Sugar Land/Missouri City, Pearland and Northeast Houston hold vacancy near 6.5%, while Northwest Houston runs above 13%.
The New Braunfels rental market is correcting on price while still growing on population. Average apartment rent fell 4.13% year over year to $1,431 as of August 2026, yet the city added 35.5% more residents since 2020.
San Antonio Class B and C multifamily is working through the back end of a supply correction. Effective rents fell 5.4% year over year to $1,157 in Q2 2026 and occupancy sat at 86.0%.
The DFW Multifamily Snapshot for mid-2026 shows stabilized occupancy near 93.8 percent and average asking rent around $1,496, according to Colliers’ second-quarter report. Deliveries are falling fast. Owners should track break-even occupancy,
