The Dallas metro area ranks 2nd nationwide for new apartment construction in 2025.
More than half a million new apartments are on track to open across the U.S. in 2025, and Texas stands out as the nation’s largest builder, expecting about 81,400 new rentals this year.
Here are more insights from RentCafe.com’s Apartment Construction report:
Curious how Texas’ surging economy, population growth, and shifting demand are shaping multifamily investment in 2025? Don’t miss the Texas Market Outlook discussion at Connect Texas Multifamily, where the top experts break down regional trends, key indicators, and actionable strategies to help you stay ahead—register now to gain the edge: www.ConnectTXMF2025.com | EVENT DATE: Thursday, August 28th | VENUE: The Joule, Dallas
Rental housing affordability declined in 82% of U.S. metropolitan areas between 2014 and 2023, with renters experiencing the equivalent of an average $256 annual reduction in income after accounting for changes in housing quality. That’s according to a new report released Tuesday by the Mortgage Bankers Association’s Research Institute for Housing America. The report, Housing...
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Ponderay Apartments, a 40-unit multifamily property located at 5625 15th Ave NE in Seattle’s University District, sold for $6.26 million, equating to $156,625 per unit. Built in 1963, the property totals 21,540 square feet and consists of 22 one-bedroom units and 18 studio apartments. The studios average 478 square feet, while the one-bedroom units average...
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TruAmerica Multifamily acquired Bricks at Perimeter Center for $120 million. Clark Ventures was the seller of the 446-unit, garden-style apartment community in Atlanta’s Perimeter Center submarket. Clark paid $69.5 million for the property in 2016. TruAmerica will revamp nearly all of the rooms in the complex, which was built in 2007. The company plans to incorporate...
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