Quarterly shopping center property vacancy rate in Texas, U.S. 2020-2024, by market
The average vacancy rate for shopping centers in Texas has declined since 2020, after rising under the effects of the COVID-19 pandemic. El Paso and Austin had the lowest vacancy rates at 3.3 percent and 4.2 percent in the first quarter of 2024. This was lower than both the national average and the average for the South region.