Graph and download economic data for Rental Vacancy Rate for Texas (TXRVAC) from 1986 to 2024 about vacancy, rent, TX, rate, and USA.

The vacancy rate of big-box buildings in Dallas, Texas in 2023 increased from the previous year. In the second half of 2023, approximately **** percent of big-box industrial real estate was vacant, up from *** percent in 2022. Big-box buildings refer to large industrial buildings used for distribution. Overall, the vacancy rate in Dallas stood higher than the average vacancy rate in the United States.

In 2023, the average vacancy rate index for rental apartments in different metros in Texas ranged between *** percent and *** percent. Dallas-Fort Worth-Arlington, the most populated metropolitan area, had a vacancy rate index of *** percent in December 2023. Meanwhile, Killeen-Temple was the metro with the lowest index, at ****. According to the source, the index is calculated based on data on apartments listed on the Apartment List platform and changes in availability.

In Texas, El Paso was the market with the lowest vacancy rate of office space in 2023. As of the first quarter of the year, roughly ** percent of El Paso office space was vacant compared to about ** percent in Houston. Dallas, which was the largest office market in Texas, had the second highest vacancy rate. Since the coronavirus pandemic outbreak, the U.S. office sector has suffered an increase in office vacancies.

Dallas is the largest office real estate market in Texas, United States, followed by Houston and Austin. As of the first quarter of 2023, Dallas had close to *** million square feet of office space. El Paso, which was the second smallest market, had the lowest vacancy rate among the major office markets in Texas, while Austin was the most expensive one.