29 Dec 2025
Historical Supply Growth:
Tulsa saw an unusually large wave of new supply delivered in 2023. Despite this surge, the metro area benefits from a robust economy supported by aerospace, defense, and a growing housing market. These factors have helped the new supply lease up, contributing to positive rental rate growth in recent months. The development pipeline forecasts just under 4% new supply, and some projects may not move forward. This should allow Tulsa to continue recovering and trending toward healthier rental rate performance.
