A string of move-outs in the second and third quarter in Dallas-Fort Worth's urban core is pushing multifamily vacancy rates higher to 8.9% while stabilized vacancy rates for the market are holding steady at 6.8%, driven by impressive levels of demand. Renters are looking beyond the metroplex's central business district — defined here as downtown Dallas, Uptown and downtown Fort Worth — for more budget-friendly communities found in suburban locations.
Multifamily Vacancies Rise in Dallas-Fort Worth’s Urban Core
Renters Are Vacating Expensive Units in Downtown Dallas, Uptown
CoStar Analytics
October 16, 2020 | 6:00 P.M.
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