How Supply & Demand Are Shaping Central Texas Lease Prices
2025-09-07 Market Insight from Joy Sampson, REALTOR®
If you’ve been watching the rental market in Central Texas, you’ve probably noticed a shift. More homes are available, prices are softening, and properties are sitting longer. But why?
Let’s break it down with a little real estate economics—because when it comes to pricing, supply and demand rule the game.
Supply Is Up
Total lease inventory is up +8% compared to last year—an increase of 500 units
Single-family homes for rent are up +3%, adding 150 homes to the market
More options mean renters have choices. And when supply rises faster than demand, prices tend to dip.
Demand Is Holding Steady
Overall demand is up +5%
But home demand is level, showing no significant growth
This mismatch between rising supply and flat home demand is creating a more competitive environment for landlords.
Leasing Cycles Are Slowing
Days on Market (DOM) in September 2024:
62 days DOM in September 2025: 96 days
Prices Are Softening
Days on Market (DOM) in September 2024: 62 days
DOM in September 2025: 96 days
What to Expect
With supply up +8% and demand up +5%, expect prices to continue softening slightly—especially in multifamily and entry-level rental segments. Homes may remain stable, but longer DOM and increased competition are the new normal.
Joy’s Take
Whether you're a renter looking for the right fit or a landlord adjusting your strategy, understanding the numbers helps you move with confidence. I’m here to guide you through it all—with clarity, integrity, and a little economic wisdom.
Want help pricing your rental or finding the right lease? Let’s connect.
