U.S. cities are buzzing with new apartment buildings \u2014 more than we\u2019ve seen in decades. So, if you\u2019ve noticed more cranes against your city\u2019s skyline recently, you\u2019re not alone. In fact, this boom is turning certain neighborhoods into hotspots for new apartments, attracting mostly young, high-earning folks chasing the dream of urban apartment living, and turning specific areas in the fastest growing zip codes in U.S.<\/p>\n
With that in mind, we took a closer look at this trend in the 50 largest cities to see which neighborhoods have benefited the most from new apartment construction recently. Specifically, by using data from Yardi Matrix, we uncovered the top zip codes where this exciting development has been happening for the last five years.<\/p>\n
What we found was that living in a brand-new apartment surrounded by all of the conveniences of city life has become a reality for many as a whopping 1.2 million new rental units have popped up in cities across the country since 2018. <\/strong><\/p>\n This surge not only means more options for renters, but also potentially better deals, as well as living spaces equipped with modern amenities and designs. Plus, with so many choices in prime city-center locations, the perfect apartment is within reach.<\/p>\n <\/p>\n