Austin Multifamily Market Report
By CREhunt Research · Data through Q1 2026 · Aggregated from Northmarq, Matthews, Colliers
Quarterly multifamily market indicators for Austin, aggregated by CREhunt from Northmarq, Matthews, Colliers. As of Q1 2026, vacancy was 11.5%, per Northmarq.
Projected current multifamily pricing — Austin
Projected asking rent
$1,500/unit/mo
Estimated sale value
$142,042–$177,553/unit
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 Matthews data (cap rate 5.7%, asking rent held flat). Assumes ~87% occupancy and a 52–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 Northmarq | — | 11.5% | — | — | Northmarq |
| Q1 2026 Matthews | $1,500.00/unit/mo | 13.5% | — | — | Matthews |
| Q1 2026 Colliers | — | 5.7% | 6 SF | — | Colliers |
| Q4 2025 Northmarq | — | 11.5% | — | — | Northmarq |
| Q4 2025 Matthews | $1,530.00/unit/mo | 14.2% | — | — | Matthews |
| Q2 2025 Matthews | — | 15.1% | — | — | Matthews |
Frequently asked questions
- What is the average asking rent for multifamily space in Austin?
- CREhunt aggregates multifamily asking-rent data for Austin from major brokerage market reports; see the quarterly table for the latest available figures.
- What is the multifamily vacancy rate in Austin?
- The multifamily vacancy rate in Austin was 11.5% as of Q1 2026 (Northmarq).
- Where does CREhunt's Austin market data come from?
- This report aggregates quarterly multifamily market data for Austin from Northmarq, Matthews, Colliers.
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