Submarket Spotlight | Q2 2025 | Irving

May 30, 2025


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.