DFW Multifamily Sector “Dynamic” for Investors

Marcus & Millichap published its Dallas-Fort Worth Multifamily Investment Forecast Report for 2026.  

“Dallas-Fort Worth’s multifamily sector remains one of the most dynamic in the nation, with strategic submarket shifts and moderating vacancy supporting continued investor interest,” stated Mark McCoy, managing director and DFW market leader. 

 Key findings include: 

• Mid-tier assets in suburban pockets like Denton, Arlington-Mansfield, and North Fort Worth-Keller are well-positioned due to alignment between new resident demand and upcoming supply. 
• Robust in-migration and corporate relocations continue to fuel investor confidence, with more than 300 deals completed over the past year, many exceeding $20 million in value. 
• Employment is expected to grow by 25,000 jobs in 2026, tying DFW with New York and Philadelphia as the largest national labor market gainers. 
• Inventory growth is forecast to moderate to 21,000 units, with deliveries falling significantly compared to recent years, ranking DFW among the 10 fastest-growing major apartment markets. 
• Vacancy is projected to decline 80 basis points to 5.9 percent, while average effective rents are expected to rise 1.8 percent to $1,540 per month.