Austin Apartment Market Update: Rents Down 17%, Vacancy Hits 10%

The Austin-area apartment market is experiencing a significant correction, with vacancy rates climbing to the highest levels in recent history and rents continuing their steady decline. Recent data for June 2025 shows vacancy rates for two-bedroom apartments reaching 10.01 percent, marking a staggering 152.78 percent increase from the market low of 3.96 percent recorded in September 2021. This dramatic shift reflects a classic case of oversupply meeting softening demand, with clear implications for renters, landlords, investors, and policymakers.

https://teamprice.com/articles/austin-apartment-market-update-2025

Timestamps:

0:00 Introduction – The Austin apartment market correction
0:20 Headlines: Falling rents and rising vacancy rates
0:52 What’s driving the correction? Oversupply and softening demand
1:24 Vacancy hits 10.01% – Highest in over 20 years
1:45 How fast did vacancy rates climb? A 153% increase since 2021
2:09 Rents peaked in August 2022, now down over 17%
2:48 Is Austin affordable again? The real story behind the rent drop
3:46 Why are so many apartments hitting the market now?
4:06 Surge in building permits between 2019 and 2022
4:40 The supply timeline: Why new units are flooding the market now
5:16 The impact on renters: More concessions and negotiating power
6:01 Why landlords and property managers are under pressure
6:26 Developers and investors face longer lease-up periods and lower returns
7:16 How long will this correction last? Likely several years
7:49 More supply is still on the way through 2026
8:05 What needs to happen for stabilization: 3 key factors
8:56 Wrapping up: A necessary and predictable market correction
9:47 The bigger question: How could this reshape Austin long-term?
10:10 Conclusion – The Austin apartment market deep dive

Видео Austin Apartment Market Update: Rents Down 17%, Vacancy Hits 10% канала Team Price Real Estate