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D.C. ranks fifth in America’s top 20 apartment boom towns of 2016

Houston leads the pack with the most apartments set to deliver this year

This year, 18,027 new apartments are expected to deliver in Washington, D.C. According to RENTCafé’s latest report, the District ranks as the fifth U.S. Metro with the most apartments projected to deliver in 2016.

In comparison to the nation’s capital, Houston, Dallas, New York, and Los Angeles topped the list with the highest number of apartments set to deliver this year. For Houston, 25,935 units are expected.

With how many apartments are set to deliver this year in D.C., RENTCafé reported that the 18,027 apartments represent 6 percent of the total estimated inventory expected to deliver in 2016 across the 50 largest U.S. Metros. A total of 321,177 units are expected to deliver this year.

According to RENTCafé, 56 percent of the rental stock coming online this year will be one-bedroom apartments. Only 36 percent of the rental stock will be two-bedroom apartments.