# Lease Up Apartments Houston | New Houston Apartment Team > Houston buildings now leasing, newly opened, or in their first 24 months, by stage and build status. Deliveries fall to about 5,600 in 2027 (Northmarq). URL: https://newapartmentshouston.com/lease-up-apartments/ ![New apartment building with one finished wing and one wing still under construction](/images/hero/new-mid-rise-apartment-building-with-one-wing-fini.webp) Lease-up apartments · Now leasing and newly opened # Lease-Up and Newly Opened Apartments Across the Houston Metro Last updated: October 25, 2026 You want a building that's new and still filling up. Houston delivers about 13,000 units in 2026 and about 5,600 in 2027 (Northmarq), so the lease-up window is shifting now. Free to you, and your rent is the same either way · 140 new communities tracked · Prices pulled every morning Get my shortlist [#shortlist →](#shortlist) See the New Build Board [/new-construction-apartments/ →](/new-construction-apartments/) ## Get my shortlist Free to you. Same-day confirmations during hours (Mon-Fri 8-8 · Sat 9-6 · Sun 12-5). Thanks, we got your request. We'll confirm units, specials and fee sheets and reply the same day during hours. Free to you, and your rent is the same either way 140 new communities tracked (Oct 25, 2026) Prices pulled every morning Spirit Real Estate Group, LLC · TREC #562021 Why it goes wrong ## Why lease-up deals surprise people Lease-up gives you the deepest specials and the widest unit choice. It also comes with a few things to plan for. ### Phases still being finished Many buildings open in phases under a temporary certificate of occupancy. You may move in before the pool, gym or second wing is done. ### The special ends, the base stays Lease-up specials lower year one. Renewal starts from base, so the first renewal cycle can bring a real jump. ### Few reviews to go on A building that opened last spring has little history. We look at the manager's other buildings and post dated tour notes. ## What are lease-up apartments? Lease-up is the stretch between a new building’s first move-in and the point it’s mostly full. Owners call that full point **stabilized occupancy**. Until then, the building uses specials to fill empty units, and that’s often where the deepest deals sit. Houston has had a lot of new supply. More than 25,000 units were delivered in the year ending Q2 2024 (RealPage), and 13,319 were still under construction in Q2 2026 (Transwestern). Deliveries drop to about 5,600 in 2027, the lowest in nearly 15 years (Northmarq). That means many buildings are in lease-up right now, and fewer will join them next year. This page groups those buildings by stage, so you can see where the choice and the specials are. ## What do the stages mean for you? Each card on the board carries a stage chip. - **Pre-leasing.** The building isn’t open yet. You reserve a unit for a future move-in date. Dates are estimates until the community confirms them. - **Lease-up.** The building is open and filling. Unit choice is wide and specials are usually at their deepest. Some phases may still be under construction. - **First 24 months.** The building is past its first push but still new. Specials are often smaller, and amenities are more likely to be finished. We also show a build-status chip. It tells you how many phases are delivered and whether amenities like the pool, gym or garage are done. Many Houston buildings open in **phased delivery**, with early phases leasing under a **temporary certificate of occupancy (TCO)**. > **Stage is part of the Houston New Build Score** > > Lease-up stage weighs 15 of 100 points in our score. Earlier stages usually mean more room on price. Commission never touches the score. ## What should I ask a building in lease-up? A building that just opened has no long track record. These questions fill the gap. 1. Which phases are finished, and when do the rest deliver? 2. When will the pool, gym and parking garage open, in writing? 3. Can I pick a unit away from active work or the construction next door? 4. What’s the **percent leased** right now? 5. How fast are work orders and the **punch list** handled? We ask these for you and share the answers before you apply. We also look at the manager’s other buildings and post dated tour notes. ## How does the first renewal work at a lease-up building? Your first renewal is when the special ends. The **first renewal cycle** starts from base rent plus any increase. At the board’s median special, year two jumps about 18% (board math, Oct 25, 2026). That jump isn’t a surprise if you see it early. Every card shows year two beside the special. Around month 10, our Renewal Check compares your offer against nearby new builds, so you can renew or move with real numbers. ## How do I find the right lease-up building? Tell us your move date, lease end, size and all-in budget. We’ll match you with buildings at the right stage, confirm the unit and special in writing, and line up to four tours on one side of town in one afternoon. During hours, we reply the same day. The math ## Why the special isn't the price Free rent is base x 12 / 52 x weeks. Net effective is (base x term minus free rent) / term. True monthly adds required fees, then electric, water and parking. Year two starts from base. ### Worked example: Prose Riviana, Katy Illustration, Oct 25, 2026 Base rent$1,260 SpecialUp to 10 weeks free Free rent ($1,260 x 12 / 52 x 10)$2,907.69 Net effective, 12 months$1,018 Net effective, 15 months$1,066 Required fees (Greystar calculator)+$77.62 True monthly, 12 months Net effective + required fees, before electric and water $1,095 Year two at 0% change: $1,337.62 That's a $242 jump at renewal, about 22%, because renewal starts from base. Profile: CenterPoint area, you pick a plan · Harris County MUD 540, billed by the property · Katy ISD · FEMA Zone X. Live pages use the feed; values here are a dated illustration. Board median special right now 8.0 weeks Board, 128 market-rate communities. Last confirmed Oct 25, 2026. Year-two jump at the median special +18% Board math, Oct 25, 2026. 8 weeks free on a $1,400 apartment is about $2,585. Spread over 12 months, you pay about $1,185. Add our $98 median fees and it's $1,283, and year two starts at $1,498 if the base holds. Run your own numbers [/tools/true-monthly-cost-calculator/ →](/tools/true-monthly-cost-calculator/) How it works ## How we help with lease-ups Same-day confirmations during hours. When something goes wrong, we write to the community and report back. 1. 1 ### Pick a stage that fits your date Pre-leasing if your lease ends later, lease-up if you need to move now. 2. 2 ### We check build status We ask which phases, amenities and parking are finished, and get completion dates in writing. 3. 3 ### We pick the right unit We ask for a stack and floor away from active construction before you apply. 4. 4 ### We follow up after move-in Punch list on Day 7, ledger and water bill on Day 30, Renewal Check at month 10. ## Want the whole bill for lease-ups before you tour? It's free to you. Communities pay the brokerage, and your rent is the same either way. If we can't confirm a price, we'll say so. Get my shortlist [#shortlist →](#shortlist) Text us [sms:+1512000000 →](sms:+1512000000) Why renters use us ## Why use New Houston Apartment Team for lease-ups? ### Stage on every card Pre-leasing, lease-up or first 24 months, so you know where the building is. ### Build status, not just renderings We note phases delivered and amenities finished, and label renderings. ### Year two shown up front Every special comes with its year-two number beside it. ### Follow-up after you move We write to the community when something goes wrong and report back. On the ground ## What we check on a tour Illustrative scenes of the things we look at in person. Property pages use our own dated photos; renderings are labeled. Learn ## Guides for lease-ups All guides [/guides/ →](/guides/) Explainer ### Few Reviews Yet: How to Check a New Building Before You Sign New buildings have few reviews. Check the manager's track record, dated tour notes, punch-list response and written answers on fees and water. [Few Reviews Yet: How to Check a New Building Before You Sign →](/guides/checking-a-new-building-with-few-reviews/) Explainer ### Living in a Building That's Still Being Finished Phased delivery, unfinished amenities and construction next door (Houston has no zoning). What to ask before you move into a new build. [Living in a Building That's Still Being Finished →](/guides/living-in-a-building-still-being-finished/) Explainer ### The Lease-Up Timeline: Phased Delivery, Certificates of Occupancy, Stabilization From pre-leasing to phased move-ins, stabilization and first renewals: what each lease-up stage means for specials and unit choice. [The Lease-Up Timeline: Phased Delivery, Certificates of Occupancy, Stabilization →](/guides/lease-up-timeline/) Explainer ### Why New Houston Buildings Offer 8 to 10 Weeks Free During Lease-Up 25,000+ units delivered in the year to Q2 2024 (RealPage) and 55% of units with a concession in Q2 2026 (Transwestern). Why specials exist. [Why New Houston Buildings Offer 8 to 10 Weeks Free During Lease-Up →](/guides/why-new-buildings-offer-weeks-free/) Decision guide ### Newly Opened vs. a Year In: How a Building's Stage Changes the Deal Earlier stages often mean deeper specials and more unit choice; later stages mean finished amenities. How stage weighs 15 points in our Score. [Newly Opened vs. a Year In: How a Building's Stage Changes the Deal →](/guides/newly-opened-vs-a-year-in/) FAQ ## Lease-Ups questions What does lease-up mean? Lease-up is the period when a new building fills its empty units, usually with specials. We track buildings through pre-leasing, lease-up and their first 24 months. Are specials bigger when a building first opens? Often, while occupancy is low and several buildings compete for the same renters. Check the stage chip on each board card, and we'll confirm the current special in writing. What is a temporary certificate of occupancy? A TCO lets finished phases of a building open before the whole project is complete. It's common in phased delivery, so we ask what's still under construction. Will specials shrink in 2027? Deliveries fall to about 5,600 in 2027 from about 13,000 in 2026 (Northmarq), so fewer buildings will be in lease-up. We can't predict any one building's special, so we show what's confirmed today. Do you track older or renovated apartments? No. We track ground-up new construction with first move-ins from 2024 to 2027, in pre-leasing, lease-up or the first 24 months. Renovations, conversions and renamed older buildings are out. What if the amenities aren't finished when I move in? Get the completion date in writing before you sign. Some buildings offer credits, and we ask about that up front. Can you guarantee a price or approval? No. The community sets both, and we confirm them before you sign. Still have a question? Text us or send your move date. We reply the same day during hours. Text us [sms:+1512000000 →](sms:+1512000000) Get my shortlist [/contact/ →](/contact/) Keep looking ## Related ways to search ![Move-in special flyer and phone calculator on a new apartment lobby counter](/images/hero/leasing-flyer-with-a-move-in-special-sitting-on-a-.webp) Specials ### Houston Apartment Specials Each special shown as net effective, true monthly and year two, with base rent beside it. [Houston Apartment Specials →](/apartment-specials/) ![New apartment building under construction with a leasing trailer](/images/hero/new-apartment-building-under-construction-with-sca.webp) Opening Soon ### New Apartments Opening Soon Buildings not yet open, with dated move-in estimates and pre-leasing terms. [New Apartments Opening Soon →](/opening-soon/) ![Newly built mid-rise apartment buildings along a Houston-area street](/images/hero/row-of-newly-built-mid-rise-apartment-buildings-al.webp) New Build Board ### New Construction Apartment Board A map and cards for every tracked ground-up build, with feed pricing and address facts. [New Construction Apartment Board →](/new-construction-apartments/) ## Send us your move date. We make the calls. We confirm the unit, the special, the written fee sheet and who bills the water, the same day during hours. Get my shortlist [/contact/ →](/contact/) Text us [sms:+1512000000 →](sms:+1512000000) 512-000-000 [tel:+1512000000 →](tel:+1512000000) We don't guarantee pricing or approval. The community sets both, and we confirm them before you sign. Spirit Real Estate Group, LLC · TREC #562021 · Free to you, and your rent is the same either way