Special Report

The Best Cities to Rent New Apartments

Source: Sean Pavone / iStock via Getty Images

20. Arlington, Virginia
> Increase in new apartments: 30.7%
> Share of new apartments in top locations: 94.1%
> Occupancy: 88.9%
> Average size of new apartments: 830 sq.ft.

Source: Kruck20 / iStock via Getty Images

19. Cary, North Carolina
> Increase in new apartments: 30.3%
> Share of new apartments in top locations: 91.6%
> Occupancy: 94.9%
> Average size of new apartments: 1,021 sq.ft.

Source: Sundry Photography / iStock via Getty Images

18. Santa Clara, California
> Increase in new apartments: 45.1%
> Share of new apartments in top locations: 33.9%
> Occupancy: 92.3%
> Average size of new apartments: 944 sq.ft.

Source: DenisTangneyJr / iStock via Getty Images

17. Henderson, Nevada
> Increase in new apartments: 42.9%
> Share of new apartments in top locations: 36.1%
> Occupancy: 94.6%
> Average size of new apartments: 1,042 sq.ft.

16. Minneapolis, Minnesota
> Increase in new apartments: 113.8%
> Share of new apartments in top locations: 35.0%
> Occupancy: 91.3%
> Average size of new apartments: 802 sq.ft.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.