Texas, November 24, 2025
Texas cities, namely Austin, Dallas, Houston, and San Antonio, are leading the nation in multifamily housing development. With significant increases in units absorbed due to economic vitality and local entrepreneurship, these cities are well-positioned to accommodate their growing populations. The booming tech sector, robust job markets, and favorable business environments contribute to this remarkable housing expansion across the state.
Texas Cities Lead in Multifamily Housing Growth
Texas cities are emerging as leaders in multifamily housing development, with Austin, Dallas, Houston, and San Antonio ranking among the top ten cities nationwide for building the most multifamily housing. This remarkable growth reflects both the vibrant economic landscape of Texas and the resilience of its local entrepreneurs who are responding to the increasing housing demand.
The rapid expansion in multifamily housing signifies more than just construction; it underscores a broader trend of economic vitality and growth potential in Texas. Despite challenges, the determination of local developers and the positive business environment fostered by less regulatory burden contribute significantly to this ongoing trend. As demand for housing continues to grow, these cities stand poised to meet the needs of their expanding populations.
Austin’s Rapid Expansion
Austin leads the charge in multifamily housing growth, fueled by an astonishing population increase and a booming tech sector. In 2024, the city absorbed 29,515 new units. The development surge can be largely attributed to major facility completions, such as Samsung’s fabrication plant located in nearby Taylor and the expansion of Tesla’s Gigafactory, both of which create jobs and draw people to the area.
Dallas and Houston’s Robust Growth
Dallas and Houston follow closely behind, ranking second and fourth, respectively. Dallas saw 36,724 units absorbed in 2024, while Houston accounted for 31,925 units. Both cities boast robust job markets and business-friendly environments, contributing to their significant investment in high-rise and mixed-use developments. The economic backdrop in these urban environments continues to attract new residents and businesses alike.
San Antonio’s Steady Development
San Antonio, holding the tenth position, experienced steady growth with 8,524 units absorbed in 2024. This development reflects the city’s expanding tech and manufacturing sectors, which increase the demand for housing. San Antonio’s growth, while not at the same scale as Austin or Dallas, is nonetheless significant and indicative of its healthy local economy.
Statewide Trends
Across Texas, submarkets are witnessing apartment inventory growth that outpaces the national average. Austin is at the forefront with an impressive 8.9% increase, while both San Antonio and the Dallas/Fort Worth metroplex follow closely, reporting growth rates of 4.8% and 4.4% respectively. This trend highlights how Texas’s favorable economic climate is fostering increased investment in multifamily housing, meeting the demands of a growing population.
Conclusion
The ongoing expansion of multifamily housing in Texas cities is a testament to the state’s robust economic performance and its ability to attract new residents. As local entrepreneurs continue to innovate and adapt to changing housing needs, the future looks bright for Texas’s multifamily housing market. Residents are encouraged to support local businesses and remain engaged in the developments that shape San Antonio’s economic landscape.
Frequently Asked Questions (FAQ)
Which Texas cities are leading in multifamily housing development?
Austin, Dallas, Houston, and San Antonio are leading in multifamily housing development, ranking among the top ten cities nationwide for building the most multifamily housing.
What factors are driving the growth in Austin’s multifamily housing market?
Austin’s rapid population growth and thriving tech economy are driving the growth in its multifamily housing market, with significant developments like Samsung’s fabrication plant and Tesla’s Gigafactory expansion contributing to the demand.
How does San Antonio’s multifamily housing development compare to other Texas cities?
San Antonio ranks tenth in multifamily housing development, with 8,524 units absorbed in 2024, reflecting steady growth driven by expanding tech and manufacturing sectors.
What is the overall trend in Texas submarkets regarding apartment inventory growth?
Texas submarkets are experiencing apartment inventory growth faster than the national average, with Austin leading at an 8.9% increase, and San Antonio and the Dallas/Fort Worth metroplex following with 4.8% and 4.4% growth, respectively.
Key Features of Texas’s Multifamily Housing Growth
| City | National Rank | Units Absorbed in 2024 | Growth Drivers |
|---|---|---|---|
| Austin | 1st | 29,515 | Rapid population growth, thriving tech economy, major facility completions |
| Dallas | 2nd | 36,724 | Strong job market, business-friendly environment, high-rise and mixed-use developments |
| Houston | 4th | 31,925 | Robust job market, business-friendly environment, high-rise and mixed-use developments |
| San Antonio | 10th | 8,524 | Expanding tech and manufacturing sectors, rising home prices, strong population growth |
| Texas Submarkets | N/A | N/A | Overall apartment inventory growth faster than national average, with Austin leading at 8.9% |
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Author: STAFF HERE SAN ANTONIO WRITER
The SAN ANTONIO STAFF WRITER represents the experienced team at HERESanAntonio.com, your go-to source for actionable local news and information in San Antonio, Bexar County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Fiesta San Antonio, San Antonio Stock Show & Rodeo, and Dia de los Muertos. Our coverage extends to key organizations like the Greater San Antonio Chamber of Commerce and United Way of San Antonio and Bexar County, plus leading businesses in retail, insurance, and energy that power the local economy such as H-E-B, USAA, and Valero Energy. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREDallas.com, and HEREHouston.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
