https://www.credaily.com/briefs/austin-multifamily-rents-rise-after-three-year-slide/

• Austin effective rents rose 1.8% in Q2 to $1,316 after 12 consecutive quarters of decline.

• Vacancy fell to 12.3% from a 15.8% peak in Q3 2024, while year-over-year effective rents remained down 3.9%.

• Analysts expect concessions and excess supply to burn off gradually, with stronger apartment fundamentals developing into 2027 and 2028.