4 Nov, 2025
A deep dive into the Houston-Pasadena-The Woodlands, TX CBSA

Written by James McLean

James McLean is the Head of Business Development at Radius+. James helps maintain external relationships with clients and assisting internally with the sales process. He also, manages internal data processes working alongside the operations team to ensure we are supporting high level data quality.

The Radius+ did a deep dive into the Houston-Pasadena-The Woodlands, TX CBSA

Supply added by year relative to total:

  • 2019- 3.2%
  • 2020- 1.3%
  • 2021- 1.2%
  • 2022- 1.1%
  • 2023- 1.5%
  • 2024- 2.3%
  • 2025- 1.2%

Houston has been the most measured in its supply growth when compared to other large Texas metros with its rental rates not experiencing the same dip the other major Texas markets have. While rates are dipping compared to previous years- they still are not lowering to Pre-Pandemic levels signaling that the demand in the market has remained high organically and is expected to stay this way as the development pipeline only reflects 1.4% new supply under construction.

Houston Street Rate Trends

Houston Street Rate Trends