Click through to view the interactive map and detailed report for markets across the nation.
| Rank | Market Name | Units UC | Share Of Existing Inventory Under Construction |
|---|---|---|---|
| 1 | Huntsville, AL | 8,059 | 20.9% |
| 2 | Boise City, ID | 5,391 | 17.1% |
| 3 | Nashville, TN | 29,243 | 16.3% |
| 4 | Provo-Orem, UT | 4,327 | 16.3% |
| 5 | Colorado Springs, CO | 8,799 | 16.1% |
| 6 | Raleigh/Durham, NC | 29,008 | 15.7% |
| 7 | Austin-Round Rock, TX | 45,574 | 15.6% |
| 8 | Charlotte, NC | 33,759 | 15.3% |
| 9 | Sioux Falls, SD | 3,693 | 14.1% |
| 10 | Lakeland-Winter Haven, FL | 4,186 | 13.7% |
| 11 | Phoenix-Mesa-Scottsdale, AZ | 52,475 | 13.1% |
| 12 | Salt Lake City/Ogden/Clearfield, UT | 14,861 | 11.9% |
| 13 | Asheville, NC | 2,973 | 11.8% |
| 14 | North Port-Sarasota-Bradenton, FL | 7,443 | 11.5% |
| 15 | Cape Coral-Fort Myers, FL | 5,907 | 11.1% |
| 16 | Myrtle Beach, SC-NC | 5,091 | 11.1% |
| 17 | Jacksonville, FL | 14,907 | 11.0% |
| 18 | Charleston-North Charleston, SC | 7,331 | 10.2% |
| 19 | Wilmington, NC | 2,806 | 10.1% |
| 20 | Trenton, NJ | 2,871 | 9.9% |
| 21 | Deltona-Daytona Beach-Ormond Beach, FL | 3,675 | 9.7% |
| 22 | Port St. Lucie/Sebastian/Vero Beach, FL | 2,709 | 9.5% |
| 23 | Orlando-Kissimmee-Sanford, FL | 24,533 | 9.3% |
| 24 | Denver-Aurora-Lakewood, CO | 29,975 | 9.1% |
| 25 | Savannah, GA | 2,823 | 8.7% |
| 26 | Dallas-Plano-Irving, TX | 57,225 | 8.4% |
| 27 | Palm Bay-Melbourne-Titusville, FL | 3,182 | 8.0% |
| 28 | San Antonio-New Braunfels, TX | 17,069 | 7.6% |
| 29 | Newark-Jersey City, NJ-PA | 41,949 | 7.6% |
| 30 | Seattle-Bellevue-Everett, WA | 27,575 | 7.4% |
| 31 | Reno, NV | 3,705 | 7.4% |
| 32 | Miami-Miami Beach-Kendall, FL | 23,740 | 7.3% |
| 33 | Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 14,027 | 7.0% |
| 34 | Fort Worth-Arlington, TX | 15,675 | 6.8% |
| 35 | Richmond, VA | 7,653 | 6.8% |
| 36 | Atlanta-Sandy Springs-Roswell, GA | 36,575 | 6.6% |
| 37 | Tallahassee, FL | 2,049 | 6.5% |
| 38 | Fayetteville-Springdale-Rogers, AR-MO | 2,596 | 6.5% |
| 39 | Naples-Immokalee-Marco Island, FL | 2,047 | 6.5% |
| 40 | Knoxville, TN | 3,214 | 6.1% |
| 41 | Tampa-St. Petersburg-Clearwater, FL | 16,338 | 5.9% |
| 42 | Tacoma-Lakewood, WA | 3,718 | 5.9% |
| 43 | Crestview-Fort Walton Beach-Destin, FL | 1,394 | 5.8% |
| 44 | Columbus, OH | 11,487 | 5.7% |
| 45 | West Palm Beach-Boca Raton-Delray Beach, FL | 7,138 | 5.7% |
| 46 | Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 23,050 | 5.7% |
| 47 | Indianapolis-Carmel-Anderson, IN | 9,203 | 5.4% |
| 48 | Chattanooga, TN-GA | 1,768 | 5.3% |
| 49 | Houston-The Woodlands-Sugar Land, TX | 39,114 | 5.2% |
| 50 | Augusta-Richmond County, GA-SC | 1,648 | 5.2% |
| 51 | Washington-Arlington-Alexandria, DC-VA-MD-WV | 34,468 | 5.1% |
| 52 | Albuquerque, NM | 2,840 | 5.0% |
| 53 | Bridgeport-Stamford-Norwalk, CT | 2,988 | 4.9% |
| 54 | Fargo, ND-MN | 1,823 | 4.9% |
| 55 | Minneapolis-St. Paul-Bloomington, MN-WI | 15,752 | 4.9% |
| 56 | Omaha-Council Bluffs, NE-IA | 4,176 | 4.8% |
| 57 | Spokane-Spokane Valley, WA | 2,028 | 4.7% |
| 58 | Kansas City, MO-KS | 8,582 | 4.7% |
| 59 | Las Vegas-Henderson-Paradise, NV | 10,329 | 4.5% |
| 60 | Fort Collins, CO | 1,050 | 4.5% |
| 61 | Greenville/Spartanburg, SC | 3,292 | 4.5% |
| 62 | Boulder, CO | 1,344 | 4.4% |
| 63 | Lincoln, NE | 1,475 | 4.4% |
| 64 | Salem, OR | 1,126 | 4.4% |
| 65 | Wichita, KS | 1,560 | 4.3% |
| 66 | Des Moines-West Des Moines, IA | 2,314 | 4.2% |
| 67 | Tucson, AZ | 3,422 | 4.1% |
| 68 | Boston-Cambridge-Newton, MA-NH | 17,026 | 4.0% |
| 69 | Portland-South Portland, ME | 1,132 | 4.0% |
| 70 | San Jose-Sunnyvale-Santa Clara, CA | 7,279 | 3.9% |
| 71 | Grand Rapids/Muskegon/Holland, MI | 2,663 | 3.9% |
| 72 | Portland-Vancouver-Hillsboro, OR-WA | 9,085 | 3.9% |
| 73 | Sacramento--Roseville--Arden-Arcade, CA | 5,833 | 3.7% |
| 74 | Riverside-San Bernardino-Ontario, CA | 7,248 | 3.7% |
| 75 | Nassau County-Suffolk County, NY | 2,966 | 3.7% |
| 76 | Macon/Warner Robins, GA | 942 | 3.7% |
| 77 | Birmingham-Hoover, AL | 2,875 | 3.6% |
| 78 | Harrisburg-Carlisle, PA | 1,260 | 3.5% |
| 79 | Hartford-West Hartford-East Hartford, CT | 3,097 | 3.4% |
| 80 | Pensacola-Ferry Pass-Brent, FL | 881 | 3.4% |
| 81 | Cincinnati, OH-KY-IN | 5,581 | 3.3% |
| 82 | San Diego-Carlsbad, CA | 10,616 | 3.3% |
| 83 | Greensboro/Winston-Salem, NC | 3,657 | 3.3% |
| 84 | Madison, WI | 2,528 | 3.3% |
| 85 | Santa Rosa, CA | 869 | 3.3% |
| 86 | Milwaukee-Waukesha-West Allis, WI | 4,922 | 3.1% |
| 87 | New Haven-Milford, CT | 1,867 | 3.1% |
| 88 | Vallejo/Fairfield/Napa, CA | 891 | 3.1% |
| 89 | Albany-Schenectady-Troy, NY | 2,017 | 3.0% |
| 90 | St. Louis, MO-IL | 5,123 | 3.0% |
| 91 | Columbus, GA-AL | 733 | 3.0% |
| 92 | Oakland-Hayward-Berkeley, CA | 6,467 | 2.9% |
| 93 | Corpus Christi, TX | 1,067 | 2.9% |
| 94 | Little Rock-North Little Rock-Conway, AR | 1,604 | 2.8% |
| 95 | Salisbury, MD-DE | 702 | 2.8% |
| 96 | Oxnard-Thousand Oaks-Ventura, CA | 1,190 | 2.7% |
| 97 | Buffalo-Cheektowaga-Niagara Falls, NY | 1,765 | 2.7% |
| 98 | Stockton-Lodi, CA | 796 | 2.6% |
| 99 | New York-White Plains, NY | 49,317 | 2.6% |
| 100 | Los Angeles-Long Beach-Glendale, CA | 29,240 | 2.6% |
| 101 | Gainesville, FL | 715 | 2.4% |
| 102 | Baltimore-Columbia-Towson, MD | 5,577 | 2.3% |
| 103 | Anaheim-Santa Ana-Irvine, CA | 6,272 | 2.3% |
| 104 | Worcester, MA-CT | 1,248 | 2.3% |
| 105 | Detroit-Warren-Dearborn, MI | 6,383 | 2.3% |
| 106 | Virginia Beach-Norfolk-Newport News, VA-NC | 3,263 | 2.3% |
| 107 | Allentown-Bethlehem-Easton, PA-NJ | 982 | 2.2% |
| 108 | Lexington-Fayette, KY | 1,043 | 2.2% |
| 109 | Lubbock, TX | 537 | 2.1% |
| 110 | Dayton, OH | 1,188 | 2.1% |
| 111 | San Francisco-Redwood City-South San Francisco, CA | 5,211 | 2.1% |
| 112 | Memphis, TN-MS-AR | 2,273 | 2.1% |
| 113 | Akron, OH | 893 | 2.0% |
| 114 | McAllen/Brownsville, TX | 743 | 2.0% |
| 115 | Cleveland-Elyria, OH | 3,314 | 1.9% |
| 116 | Fort Wayne, IN | 533 | 1.9% |
| 117 | Columbia, SC | 941 | 1.9% |
| 118 | Louisville/Jefferson County, KY-IN | 1,776 | 1.8% |
| 119 | Chicago-Naperville-Elgin, IL-IN-WI | 13,804 | 1.8% |
| 120 | Oklahoma City, OK | 1,775 | 1.8% |
| 121 | Ann Arbor, MI | 609 | 1.6% |
| 122 | Tulsa, OK | 1,102 | 1.6% |
| 123 | Syracuse, NY | 666 | 1.6% |
| 124 | Baton Rouge, LA | 741 | 1.5% |
| 125 | Kalamazoo/Battle Creek, MI | 518 | 1.5% |
| 126 | Pittsburgh, PA | 2,162 | 1.5% |
| 127 | Manchester/Nashua/Concord, NH | 531 | 1.4% |
| 128 | Fayetteville, NC | 342 | 1.3% |
| 129 | College Station-Bryan, TX | 288 | 1.1% |
| 130 | Springfield, MO | 250 | 1.0% |
| 131 | Toledo, OH | 446 | 1.0% |
| 132 | Providence-Warwick, RI-MA | 888 | 0.8% |
| 133 | El Paso, TX | 437 | 0.8% |
| 134 | Mobile/Daphne, AL | 325 | 0.8% |
| 135 | Rochester, NY | 522 | 0.8% |
| 136 | Fresno, CA | 420 | 0.7% |
| 137 | Santa Maria-Santa Barbara, CA | 167 | 0.6% |
| 138 | New Orleans-Metairie, LA | 402 | 0.5% |
| 139 | Springfield, MA | 219 | 0.5% |
| 140 | Lansing-East Lansing, MI | 189 | 0.5% |
| 141 | Eugene, OR | 110 | 0.4% |
| 142 | Flint, MI | 50 | 0.2% |
| 143 | Salinas, CA | 0 | 0.0% |
| 144 | Midland/Odessa, TX | 0 | 0.0% |
| 145 | Champaign-Urbana, IL | 0 | 0.0% |
| 146 | Jackson, MS | 0 | 0.0% |
| 147 | Urban Honolulu, HI | 0 | 0.0% |
| 148 | Youngstown-Warren-Boardman, OH-PA | 0 | 0.0% |
| 149 | Bakersfield, CA | 0 | 0.0% |
| 150 | Shreveport-Bossier City, LA | 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.
