Houston fundamentals were a mixed bag going into the fall of 2025, amid fast population growth and following a wave of deliveries in 2024, according to the latest Houston multifamily market report. The average advertised asking rent fell 0.2%, on a trailing three-month basis through October, to $1,361. Year-over-year, the average Houston rent slid 0.5%, as the U.S. figure rose 0.5%, to $1,743, as reported in the national multifamily report<\/strong><\/a>. Meanwhile, occupancy in stabilized Houston assets stood at 92.6% in September, down just 10 basis points over 12 months.<\/p>\n