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It’s hard not to notice that Dallas has become an attractive location for many renters. Driven by a robust job market, a varied economy, and a continuous flow of new residents, the region has experienced a faster pace of apartment construction in recent years. For those seeking a rental, this is promising news. In fact, 32,932 new apartments are expected to become available by the end of the year in this metro area. Â
Whether you’re after the urban atmosphere of Dallas, the lively community of Fort Worth, or the suburban appeal of Frisco, you’ll most likely have plenty of options to choose from. Each of these cities offers a unique lifestyle for renters, and with new developments on the way, it’s a perfect time to explore Texas and find the location that suits your needs best. Â
So, let’s take a look at the projected number of apartments in each city by year-end and discover what makes each destination an attractive place to live in 2024.Â
Dallas: Over 5,200 apartments coming to the heart of the metro areaÂ
As the largest city in the metro area, Dallas leads the way in apartment construction with 5,267 new units expected to be completed by the end of 2024. Dallas is a popular rental destination for a diverse population, from young professionals and families to students and retirees. With its booming economy, anchored by industries such as technology, finance, and health care, it’s no wonder the demand for rental housing remains high.Â
Renting in Dallas offers access to a dynamic lifestyle that includes top restaurants, shopping, and entertainment venues and events. Popular neighborhoods like Uptown, Deep Ellum, and Oak Lawn are known for their lively nightlife, arts scene, and walkable streets, making them ideal for renters who want to be in the heart of the action. Meanwhile, areas like Lakewood and the Bishop Arts District provide a more relaxed atmosphere with local shops, parks, and quieter streets. With thousands of new apartments being built, renters in Dallas will have plenty of choices to match their preferred lifestyle.Â
Fort Worth: Adding 4,600 apartments to this lively cityÂ
Fort Worth is experiencing a major growth spurt, with 4,608 new apartments slated for completion in 2024. Known for its blend of Western heritage and modern urban living, Fort Worth has become a top destination for renters seeking a lively community with a small-town feel. As more people are drawn to its thriving job market and affordable cost of living, the demand for new housing has skyrocketed, leading to a significant boost in apartment construction.Â
The renter lifestyle in Fort Worth is diverse, with something for everyone. Downtown Fort Worth offers a bustling atmosphere with a mix of high-rise apartments, local breweries, and cultural attractions like the Kimbell Art Museum and Sundance Square. On the other hand, neighborhoods like the Near Southside and West 7th provide a more relaxed vibe with trendy eateries, parks, and bike-friendly streets. Whether you prefer a downtown apartment or something a bit quieter, Fort Worth’s new developments are likely to meet the needs of a growing renter population in 2024.Â
Frisco: 2,020 new apartments coming to a thriving suburban hotspotÂ
Frisco, one of the fastest-growing cities in the Dallas metro area, is set to deliver 2,020 new apartments by the end of 2024. Once a quiet suburb, Frisco has transformed into a bustling community with a fruitful economy, excellent schools, and a high quality of life. This makes it an attractive option for renters who want the convenience of suburban living with easy access to the amenities of a larger city.Â
For renters in Frisco, the lifestyle is centered around family-friendly neighborhoods, outdoor activities, and modern conveniences. The city is home to The Star, the Dallas Cowboys’ world headquarters, as well as the popular Frisco Square, which offers shopping, dining, and entertainment options. With its strong sense of community and proximity to major employment hubs like Plano and Legacy West, Frisco is an ideal location for renters who want a balanced suburban lifestyle without being too far from the action. Â
With a combined total of over 11,000 new apartments expected across Dallas, Fort Worth, and Frisco alone in 2024, renters in the Dallas metro area can count on a wealth of options to choose from. Â
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Adina Dragos is a creative writer at RentCafe, with a passion for reading, research and cats. As a fellow renter, Adina's articles cover various topics such as the state of the real estate market or how creative interior design choices improve the experience of living in a rental. She also enjoys exploring subjects like urbanization, green living and historical buildings. Adina has a BA in English and Norwegian Language and Literature.
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