Austin Class A is currently softening with 27.8% headline vacancy — trophy is structurally tighter than the broader market suggests.
Austin Class A is currently softening with 27.8% headline vacancy — trophy is structurally tighter than the broader market suggests.
Austin's broad Class A index reads 27.8% vacancy and trends softening. That headline masks a real bifurcation — trophy product (Downtown) is structurally tight; older Class A and Class B carry the long tail. Cycle decisions should be made at the submarket and tier level, not at the headline.
For occupiers up at renewal: a softening market favours staying or relocating to better-quality stock at attractive terms. A tightening market favours early renewal and locking in expansion options.
| city | Austin |
|---|---|
| country | United States |
| region | Americas |
| classARentLocal | 60 USD/sqft/yr |
| classARentUsd | $60/sqft/yr |
| vacancy | 27.8% |
| typicalLeaseYears | 10 |
| typicalRentFreeMonths | 18 |
| submarkets | 5 |
| primeYieldPct | 6.8% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.