Austin Multifamily Rents Climb for First Time Since 2022 as Record Supply Wave Finally Crests

Austin's market-rate apartment rents rose 1.3 percent in Q2 2026, the metro's first positive quarterly move in nearly four years, as a historic wave of nearly 97,000 new units begins to work its way through the system and deliveries fall sharply from their peak. The numbers mark a quiet turning point for a market that […]