
Submarket Report
Irving, TX
Strong Performance. Strategic Location. Long-Term Potential.
Discover why the Irving submarket remains one of DFW’s most resilient and attractive areas for multifamily investment. With a healthy 93% occupancy rate, affordable rents averaging $1,294/month, and proximity to major employment hubs like DFW Airport and Downtown Dallas, Irving continues to outperform many workforce housing markets.
Key Highlights:
- 53 Fortune 500 operations and a robust employment base
- Redevelopment of the Texas Stadium site—a transformative 1,001-acre project led by Las Vegas Sands
- Limited new construction and over 70% of inventory built pre-1990, offering prime value-add opportunities
- Investor interest remains strong with stable pricing and cap rates around 5.9%
Download the full report to explore submarket data, rent trends, sales insights, and GREA’s expert analysis.