National
Apartments and their residents contribute more than $3.5 billion to the economy every day.
Market Snapshot

The Demand

New research shows that demand for apartments is on the rise. Whether it's young professionals, couples, families or empty nesters, the country will see a demand for an additional 0 new apartment homes by 2030

Chart Info
Percent Change, 2016-2030
%
Apartment Household Growth
Population growth and a higher propensity to rent will create a need for more apartments by 2030.
Chart Info
Percent Change, 2016-2030
%
Population Growth
As our population grows, this puts strain on the existing housing supply. A variety of housing options will be needed to meet diverse needs.
0
Apartment Homes Needed in the Country
Avg Annual Construction Rate (2011-2016)
New Apartments Needed
We need to build more
The country will need to add over 0 new apartment homes each year on average to keep up with demand. The industry averaged just 0 completions from 2011-2016 .
Chart Info
Percent Change, 2016-2030
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      Source: Hoyt Advisory Services; NMHC/NAA; U.S. Census Bureau.; Axiometrics, a RealPage Company
      The Report
      NMHC and NAA partnered with Hoyt Advisory Services to identify the demand for apartments through 2030. Download their analysis of the apartment industry.
      download
      A vision for 2030
      Meeting the country's demand for apartments will take courageous steps at the federal, state and local levels.
      learn more
      We Are Apartments
      In communities across the country, apartments work -- helping people live in a home that’s right for them.
      Learn More @ https://weareapartments.org/data

      National

      New research shows that demand for apartments is on the rise. Whether it's young professionals, couples, families or empty nesters, the country will see a demand for an additional 0 new apartment homes by 2030

      Chart Info
      Percent Change, 2016-2030
      0%
      Apartment Household Growth
      Population growth and a higher propensity to rent will create a ..
      Chart Info
      Percent Change, 2016-2030
      0%
      Population Growth
      As our population grows, this puts strain on the existing housing ..
      0
      Apartment Homes Needed in the Country
      Avg Annual Construction Rate (2011-2016)
      New Apartments Needed
      Chart Info
      Percent Change, 2016-2030
      National
      Apartments and their residents contribute more than $3.5 billion to the economy every day.
      Market Snapshot