Office space vacancy rates in major Texas submarkets, U.S. 2021-2023

Published by Statista Research Department, May 31, 2023
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 10 percent of El Paso office space was vacant compared to about 23 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.

Vacancy rate of office space in Texas, United States from 2021 to 2023, by submarket

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Release date

2023

Region

United States

Survey time period

2021 to 2023

Special properties

as of Q1

Supplementary notes

* provisional figures

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Topics

Real estate in Texas, U.S.Housing market in the U.S.Rental market in the U.S.Apartments in the U.S.Commercial real estate in the U.S.
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