Click through to view the interactive map and detailed report for markets across the nation.
301,291 Units
2,300,179 Units
952,332 Units
263,231 Units
| Rank | Market Name | Units UC | Share of Inventory Under Construction |
|---|---|---|---|
| 1 | Huntsville, AL | 9,184 | 22.5% |
| 2 | Boise City, ID | 4,585 | 14.4% |
| 3 | Charlotte-Concord-Gastonia, NC-SC | 30,474 | 13.6% |
| 4 | Nashville-Davidson--Murfreesboro--Franklin, TN | 22,701 | 12.5% |
| 5 | Austin-Round Rock, TX | 36,628 | 12.3% |
| 6 | Raleigh/Durham, NC | 22,969 | 12.2% |
| 7 | Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 5,491 | 11.6% |
| 8 | Phoenix-Mesa-Scottsdale, AZ | 45,704 | 11.4% |
| 9 | Cape Coral-Fort Myers, FL | 6,003 | 11.2% |
| 10 | Colorado Springs, CO | 6,239 | 11.2% |
| 11 | Charleston-North Charleston, SC | 7,543 | 10.4% |
| 12 | Lakeland-Winter Haven, FL | 2,896 | 9.3% |
| 13 | Asheville, NC | 2,287 | 9.0% |
| 14 | Sioux Falls, SD | 2,364 | 8.9% |
| 15 | Denver-Aurora-Lakewood, CO | 27,847 | 8.4% |
| 16 | North Port-Sarasota-Bradenton, FL | 5,488 | 8.3% |
| 17 | Salt Lake City/Ogden/Clearfield, UT | 10,531 | 8.3% |
| 18 | Savannah, GA | 2,615 | 7.9% |
| 19 | Jacksonville, FL | 10,574 | 7.7% |
| 20 | Palm Bay-Melbourne-Titusville, FL | 3,074 | 7.6% |
| 21 | Wilmington, NC | 2,105 | 7.5% |
| 22 | Miami-Miami Beach-Kendall, FL | 23,741 | 7.3% |
| 23 | Trenton, NJ | 2,112 | 7.2% |
| 24 | Crestview-Fort Walton Beach-Destin, FL | 1,724 | 7.2% |
| 25 | Seattle-Bellevue-Everett, WA | 25,651 | 6.9% |
| 26 | Dallas-Plano-Irving, TX | 46,273 | 6.8% |
| 27 | Newark-Jersey City, NJ-PA | 37,696 | 6.8% |
| 28 | San Antonio-New Braunfels, TX | 15,131 | 6.7% |
| 29 | Provo-Orem, UT | 1,741 | 6.5% |
| 30 | Naples-Immokalee-Marco Island, FL | 1,996 | 6.3% |
| 31 | Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 12,290 | 6.1% |
| 32 | Orlando-Kissimmee-Sanford, FL | 15,962 | 6.0% |
| 33 | Bridgeport-Stamford-Norwalk, CT | 3,376 | 5.6% |
| 34 | Fort Worth-Arlington, TX | 12,773 | 5.5% |
| 35 | Deltona-Daytona Beach-Ormond Beach, FL | 2,053 | 5.3% |
| 36 | Salisbury, MD-DE | 1,332 | 5.3% |
| 37 | Richmond, VA | 5,769 | 5.1% |
| 38 | Tacoma-Lakewood, WA | 3,120 | 4.9% |
| 39 | Atlanta-Sandy Springs-Roswell, GA | 27,390 | 4.9% |
| 40 | Fort Collins, CO | 1,127 | 4.9% |
| 41 | Tampa-St. Petersburg-Clearwater, FL | 13,155 | 4.7% |
| 42 | Tallahassee, FL | 1,490 | 4.7% |
| 43 | Reno, NV | 2,326 | 4.6% |
| 44 | Columbus, OH | 9,390 | 4.6% |
| 45 | West Palm Beach-Boca Raton-Delray Beach, FL | 5,816 | 4.6% |
| 46 | Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 18,135 | 4.4% |
| 47 | Indianapolis-Carmel-Anderson, IN | 7,602 | 4.4% |
| 48 | Spokane-Spokane Valley, WA | 1,889 | 4.3% |
| 49 | Washington-Arlington-Alexandria, DC-VA-MD-WV | 28,420 | 4.2% |
| 50 | Des Moines-West Des Moines, IA | 2,231 | 4.0% |
| 51 | Portland-Vancouver-Hillsboro, OR-WA | 9,252 | 3.9% |
| 52 | Albuquerque, NM | 2,215 | 3.9% |
| 53 | Chattanooga, TN-GA | 1,305 | 3.9% |
| 54 | Knoxville, TN | 2,073 | 3.9% |
| 55 | Louisville/Jefferson County, KY-IN | 3,728 | 3.8% |
| 56 | Augusta-Richmond County, GA-SC | 1,214 | 3.8% |
| 57 | Kansas City, MO-KS | 6,946 | 3.8% |
| 58 | Fayetteville-Springdale-Rogers, AR-MO | 1,462 | 3.6% |
| 59 | San Jose-Sunnyvale-Santa Clara, CA | 6,626 | 3.6% |
| 60 | Wichita, KS | 1,304 | 3.6% |
| 61 | Oxnard-Thousand Oaks-Ventura, CA | 1,540 | 3.5% |
| 62 | Pensacola-Ferry Pass-Brent, FL | 927 | 3.5% |
| 63 | Corpus Christi, TX | 1,271 | 3.5% |
| 64 | Hartford-West Hartford-East Hartford, CT | 3,058 | 3.4% |
| 65 | Houston-The Woodlands-Sugar Land, TX | 25,424 | 3.4% |
| 66 | Gainesville, FL | 1,007 | 3.4% |
| 67 | Riverside-San Bernardino-Ontario, CA | 6,403 | 3.3% |
| 68 | Springfield, MO | 795 | 3.2% |
| 69 | Minneapolis-St. Paul-Bloomington, MN-WI | 10,265 | 3.2% |
| 70 | Las Vegas-Henderson-Paradise, NV | 7,150 | 3.1% |
| 71 | Harrisburg-Carlisle, PA | 1,129 | 3.1% |
| 72 | Lincoln, NE | 1,058 | 3.1% |
| 73 | Manchester/Nashua/Concord, NH | 1,152 | 3.0% |
| 74 | San Diego-Carlsbad, CA | 9,693 | 3.0% |
| 75 | Greensboro/Winston-Salem, NC | 3,316 | 3.0% |
| 76 | Fargo, ND-MN | 1,097 | 2.9% |
| 77 | Greenville/Spartanburg, SC | 2,151 | 2.9% |
| 78 | Boston-Cambridge-Newton, MA-NH | 12,054 | 2.9% |
| 79 | Boulder, CO | 882 | 2.8% |
| 80 | Omaha-Council Bluffs, NE-IA | 2,501 | 2.8% |
| 81 | Vallejo/Fairfield/Napa, CA | 821 | 2.8% |
| 82 | New Haven-Milford, CT | 1,703 | 2.8% |
| 83 | Tucson, AZ | 2,285 | 2.7% |
| 84 | Milwaukee-Waukesha-West Allis, WI | 4,389 | 2.7% |
| 85 | New York-White Plains, NY | 50,953 | 2.6% |
| 86 | Grand Rapids/Muskegon/Holland, MI | 1,789 | 2.6% |
| 87 | Anaheim-Santa Ana-Irvine, CA | 6,865 | 2.5% |
| 88 | Sacramento--Roseville--Arden-Arcade, CA | 3,996 | 2.5% |
| 89 | Columbus, GA-AL | 616 | 2.5% |
| 90 | Allentown-Bethlehem-Easton, PA-NJ | 1,091 | 2.5% |
| 91 | Salem, OR | 637 | 2.4% |
| 92 | Madison, WI | 1,886 | 2.4% |
| 93 | Santa Rosa, CA | 640 | 2.4% |
| 94 | Cincinnati, OH-KY-IN | 3,898 | 2.3% |
| 95 | Portland-South Portland, ME | 643 | 2.2% |
| 96 | Los Angeles-Long Beach-Glendale, CA | 25,579 | 2.2% |
| 97 | Lexington-Fayette, KY | 1,043 | 2.2% |
| 98 | Macon/Warner Robins, GA | 569 | 2.2% |
| 99 | Albany-Schenectady-Troy, NY | 1,448 | 2.2% |
| 100 | Buffalo-Cheektowaga-Niagara Falls, NY | 1,407 | 2.2% |
| 101 | Oakland-Hayward-Berkeley, CA | 4,732 | 2.1% |
| 102 | Lubbock, TX | 541 | 2.1% |
| 103 | Fort Wayne, IN | 604 | 2.1% |
| 104 | Little Rock-North Little Rock-Conway, AR | 1,071 | 1.9% |
| 105 | San Francisco-Redwood City-South San Francisco, CA | 4,714 | 1.9% |
| 106 | Pittsburgh, PA | 2,647 | 1.8% |
| 107 | Nassau County-Suffolk County, NY | 1,429 | 1.8% |
| 108 | Cleveland-Elyria, OH | 3,038 | 1.8% |
| 109 | Memphis, TN-MS-AR | 1,939 | 1.8% |
| 110 | Oklahoma City, OK | 1,778 | 1.8% |
| 111 | Virginia Beach-Norfolk-Newport News, VA-NC | 2,502 | 1.7% |
| 112 | St. Louis, MO-IL | 2,949 | 1.7% |
| 113 | Baltimore-Columbia-Towson, MD | 4,057 | 1.7% |
| 114 | Columbia, SC | 845 | 1.7% |
| 115 | Ann Arbor, MI | 635 | 1.7% |
| 116 | Worcester, MA-CT | 881 | 1.6% |
| 117 | Detroit-Warren-Dearborn, MI | 4,476 | 1.6% |
| 118 | Kalamazoo/Battle Creek, MI | 541 | 1.6% |
| 119 | Port St. Lucie/Sebastian/Vero Beach, FL | 442 | 1.5% |
| 120 | Fayetteville, NC | 360 | 1.4% |
| 121 | Dayton, OH | 807 | 1.4% |
| 122 | Stockton-Lodi, CA | 400 | 1.3% |
| 123 | Tulsa, OK | 901 | 1.3% |
| 124 | Chicago-Naperville-Elgin, IL-IN-WI | 9,000 | 1.2% |
| 125 | Birmingham-Hoover, AL | 914 | 1.1% |
| 126 | College Station-Bryan, TX | 288 | 1.1% |
| 127 | McAllen/Brownsville, TX | 390 | 1.0% |
| 128 | Syracuse, NY | 385 | 0.9% |
| 129 | Eugene, OR | 225 | 0.9% |
| 130 | Baton Rouge, LA | 420 | 0.8% |
| 131 | New Orleans-Metairie, LA | 662 | 0.8% |
| 132 | El Paso, TX | 437 | 0.8% |
| 133 | Toledo, OH | 338 | 0.7% |
| 134 | Akron, OH | 331 | 0.7% |
| 135 | Providence-Warwick, RI-MA | 644 | 0.6% |
| 136 | Santa Maria-Santa Barbara, CA | 167 | 0.6% |
| 137 | Bakersfield, CA | 144 | 0.6% |
| 138 | Rochester, NY | 377 | 0.5% |
| 139 | Fresno, CA | 256 | 0.5% |
| 140 | Springfield, MA | 161 | 0.3% |
| 141 | Champaign-Urbana, IL | 86 | 0.3% |
| 142 | Lansing-East Lansing, MI | 117 | 0.3% |
| 143 | Flint, MI | 50 | 0.2% |
| 144 | Jackson, MS | 0 | 0.0% |
| 145 | Midland/Odessa, TX | 0 | 0.0% |
| 146 | Mobile/Daphne, AL | 0 | 0.0% |
| 147 | Salinas, CA | 0 | 0.0% |
| 148 | Shreveport-Bossier City, LA | 0 | 0.0% |
| 149 | Urban Honolulu, HI | 0 | 0.0% |
| 150 | Youngstown-Warren-Boardman, OH-PA | 0 | 0.0% |
Existing Units: An estimate of the number of units in properties with 50 or more units.
Total Units Under Construction Or In Lease Up: Units being built or pre-leased as of February 2024, for projects with 50+ units.
Units Delivering in Next 4Q: Units expected to complete by the end of Q1 2025.
Share Of Existing Inventory UC: Percentage of units under construction relative to existing stock.
Prospective: Early-stage project concepts.
Planned: Projects with approved conceptual plans by planning/zoning authorities.
Under Construction: Actively developed properties.
UC/Lease-Up: Properties under development and pre-leasing.
Discretionary: Resort-quality properties targeting high-income renters or those choosing to rent over owning.
High Mid-Range: Appeals to dual-income households with incomes similar to those in the discretionary category.
Low Mid-Range: Targets working professionals in “gray collar” jobs (e.g., police, firefighters, teachers, technicians).
Workforce: Aimed at blue-collar workers with lower incomes.
Data sourced from Yardi Matrix. While accuracy is prioritized, the exactness of data cannot be guaranteed.
The information provided in this construction pipeline map is obtained from Yardi Matrix. While every effort has been made to ensure that the information contained in the map is as accurate as possible, MMG REA does not warrant, endorse, or guarantee the completeness, accuracy, or reliability of the information.
Users of the map should be aware that the data related to properties, including but not limited to locations, statuses, and details, may be subject to change without notice. MMG REA shall not be liable for any errors, omissions, or inaccuracies in the information or for any user’s reliance on the information. Users are encouraged to validate the information with other sources in the field to confirm any details or obtain further information.
