Fort Worth is Set to See Inventory Growth Reaccelerate

Though rents in Fort Worth grew by 0.7% (quarter-over-quarter) in 2nd quarter 2026, this is not necessarily the first sign of a sustained comeback. While this was an encouraging quarter (correcting three prior quarters of quarter-over-quarter rent cuts), the 0.7% growth over the past 90 days exactly matches 2nd quarter 2025. So it's not exactly as if the market bounced back. Those prior quarterly cuts put rents down 2.4% year-over-year. Though that's not a true fallout a la Austin or San Antonio (or even Houston), it marks this doldrums-esque period in Fort Worth whereby year-over-year rent cuts have been between 0.5% to 2.5% for 12 straight quarters. Why the prolonged softness in Fort Worth? Much like we shared with Dallas, it's a combination of soft job growth (though okay by national standards) coinciding with immense supply pressure. While Fort Worth's relative supply pales in comparison to Dallas, this side of the Metroplex also doesn't boast the same share of high-income jobs as Dallas does either. Fort Worth is much more blue-collar when you dig into the deeper sector-level stats. And the timing of supply is another reason I'd temper expectations in Fort Worth in the coming year. This time last year, supply eased up, but we're seeing another little crest in the metro's supply pipeline today, which may delay the recovery timing a bit.