Home | Newsletter | Advertise
loading...

13,000: A Look at the Apartments Delivering in the DC Area in 2023

  • August 30th

by UrbanTurf Staff

UM.jpg
A rental building planned at Union Market.

A new report sheds light on how many apartments will deliver in the DC area this year.

RentCafe reported last week that the region will add 13,189 new rental units by the end of 2023. 

"This impressive figure follows the trend from the 2020-2022 pandemic building frenzy, during which the area contributed 42,723 new apartments to the national total," the report said. 

00f2211f6e774f167b8d8668a0e211

DC proper is setting the pace, with 5,776 new apartments set to deliver this year. Arlington comes in second with 2,811 units, with Alexandria following with 836 apartments.

"Our annual apartment construction report based on Yardi Matrix data shows that the number of deliveries is expected to remain high until 2025 when the echoes of the current economic headwinds will begin affecting construction as well," RentCafe stated. "But so far, in the last three years, America has been benefiting from a construction boom not seen since the 1970s."

For a rundown of new developments in the DC region, check out UrbanTurf's Pipeline. 

See other articles related to: apartment rentals, arlington apartments, dc apartments

This article originally published at https://dc.urbanturf.com/articles/blog/13000_a_look_at_the_apartments_to_deliver_in_the_dc_area_in__2023/21410.

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse