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Some 47,000 Vacant Apartments Will Help Houston Cope with Flooding Aftermath

Apartment Leases Should Surge in Harvey's Wake

By Greg Willett | Monday, August 28, 2017

Tropical Storm Harvey

The massive flooding in Houston and throughout South and Southeast Texas caused by Hurricane, now Tropical Storm, Harvey will likely result in a rush of apartment leasing after the waters recede.

A report by RealPage in the wake of the storm revealed that 47,000 Houston apartments were vacant and could help alleviate the new demand for apartments. The largest portion of available Houston apartments are in the Downtown/Montrose/River Oaks submarket.

Click here for the full report.

Greg Willett

Greg Willett

Chief Economist

Greg Willett serves as chief economist of RealPage, Inc., facilitating the alignment of the firm’s technology and analytics solutions with rental housing sector needs and opportunities that evolve alongside shifting economic conditions, demographics and market performance levels. 

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