Tulsa Multifamily Trends Report H2 2023

Tulsa’s multifamily market is growing, with 2,000 market-rate units under construction—nearly double the 10-year average. While occupancy rates dipped to 90.5%, rent growth exceeded the national average, rising 5.2% year-over-year. New developments in areas like South Tulsa and Downtown are responding to favorable renter demographics. However, sales volume saw a significant 92% decline due to higher interest rates. Download the report for a comprehensive analysis of Tulsa’s multifamily trends and projections​.