The Cedar Market Monitor is a monthly newsletter for the developers, lenders and investors watching Austin's apartment pipeline. We use public permit data to show what's coming: which projects entered the pipeline, where, and how long approval took. This issue covers September 2026, with data
through 5 November 2026.
Last 3 months+36%34 permits Jul–Sep 2026, vs 25 a year earlier
Permit Issue time746 days*median MF & mixed use, last 12 months · *mostly a backlog clearing
In the pipeline10,179permitted since Jan 2025, not yet finished
What got permitted
Four projects carried September’s 398 multifamily homes.
The largest is 306 homes in 78702 on 5 permits. Over the last twelve months multifamily permitting is down 18% on the year before, and it is 76% of all homes permitted in Austin. The permit holder is usually the general contractor.
Pipeline
10,179 homes permitted since January 2025 haven’t been finished yet.
That’s the supply still coming: 84% of the
12,167 homes permitted in that time. 79% are in
apartment buildings (5+ homes), and five ZIPs hold
47% of them, led by 78702 (1,640) and 78758 (1,427). Most permits get built: 94% of homes permitted 2016–22 were finished.
Permit issue time
A multifamily & mixed use permit takes a median 746 days to issue.
Building type
Permits
Median days
Excl. slowest 10%
Single-family
1,399
63
56
2–4 units
190
118
103
Multifamily & mixed use*
113
746
483
Median days from application to issue, permits issued Oct 2025 –
Sep 2026. The last column removes the slowest 10% to account for stalled
applications. *44% of multifamily & mixed use permits were applied for more than three years earlier, so that figure mostly reflects a backlog clearing.
Where
Every multifamily home permitted in September was in three zip codes.
None1–4950–99100–199200+
ZIP
Homes
Share
1. 78702
306
77%
2. 78705
77
19%
3. 78723
15
4%
Fastest riser: 78752, from 0 to 426 multifamily homes in Jul–Sep 2026 against a year earlier. Only permits inside the City of Austin full-purpose limits are counted, so ZIPs that straddle the city line
show the city’s part only.
Who’s building
GS Construction Midsouth, LLC led with 426 homes in the last six months.
Builder
Homes
Permits
GS Construction Midsouth, LLC
426
6
OHT Construction LLC
396
4
Journeyman Construction
310
16
Westwood Residential Builders 85, a rexas Limited partnership
306
8
The NRP Contractors, LLC
306
5
Multifamily homes permitted April – September 2026, out of
2,860. The permit holder is usually the general contractor rather than the
developer, and one firm can appear under several names. 10 homes on 2 permits (3%) name no holder and are not ranked.
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