Texas leads the nation in annual rent declines since 2025, with some Dallas-Fort Worth cities seeing drops up to 13%. Dallas one-bedroom rents fell 13% to $1,270, and two-bedrooms dropped 13.4% to $1,810. Fort Worth, Plano, and Irving also saw decreases, while Arlington remained flat. Austin had the steepest declines, with one-bedroom rents down 16.6% and two-bedrooms down 19.1%. Houston and San Antonio also experienced notable rent reductions.