The Best Cities to Rent New Apartments

Special Report

January 19, 2023 9:00 am

2019-07-19 19 01 21 Palm trees along Katy Mills Parkway in Katy, Fort Bend County, Texas by Famartin

2019-07-19 19 01 21 Palm trees along Katy Mills Parkway in Katy, Fort Bend County, Texas (CC BY-SA 4.0) by Famartin

10. Katy, Texas
> Increase in new apartments: 123.2%
> Share of new apartments in top locations: 44.9%
> Occupancy: 94.9%
> Average size of new apartments: 951 sq.ft.

City of Redmond WA (CC BY 2.0) by KurtClark

9. Redmond, Washington
> Increase in new apartments: 85.1%
> Share of new apartments in top locations: 98.2%
> Occupancy: 92.5%
> Average size of new apartments: 740 sq.ft.

24/7 Wall St.
Cities Where Investors Are Buying Up the Most Real Estate

Spring Texas WS (1 of 1) (CC BY-SA 4.0) by Renelibrary

8. Spring, Texas
> Increase in new apartments: 112.4%
> Share of new apartments in top locations: 48.0%
> Occupancy: 94.5%
> Average size of new apartments: 947 sq.ft.

Downtown Orlando (CC BY-SA 2.0) by Russ Sanderlin

7. Orlando, Florida
> Increase in new apartments: 40.6%
> Share of new apartments in top locations: 35.8%
> Occupancy: 91.3%
> Average size of new apartments: 981 sq.ft.

Source: rodclementphotography / iStock via Getty Images

6. Alpharetta, Georgia
> Increase in new apartments: 35.6%
> Share of new apartments in top locations: 100.0%
> Occupancy: 93.3%
> Average size of new apartments: 995 sq.ft.

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