Over 10,000 apartments are estimated to be completed by the end of year in the Austin metro area. A 2.7% rise in population and continued job growth fueled this rise.
- Austin metro is 5th nationally for planned apartment construction.
- Last year 10,701 units were completed in the Austin metro area.
- The City of Austin leads the metro area with 6,644 units planned with Georgetown next at 976 units.
- Austin’s projection exceeds that of large metro areas such as Los Angeles, Phoenix, Washington D.C. and Houston.