Charlotte Boasts Two of the Nation’s Top Zip Codes for Apartment Construction

By
Charlotte Stories
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912

If you’ve noticed new apartments popping up in your neighborhood, chances are you’re living in one of Charlotte’s top zip codes for apartment construction. To pinpoint exactly where the apartment building boom is happening, Rent Cafe just released a report of the Fastest Growing Apartment Zip Codes in America after analyzing thousands of zip codes around the country.

The Charlotte metro has two hotspots for apartment construction in the top 50 list for new units built in a mere five-year span – both of them located in the Queen City. Zip code 28262 takes the lead, building more than entire cities like Cary or Asheville. Hot on its heels is 28202, where the surge in new units is reshaping the skyline of Uptown Charlotte.

Here’s more info on Charlotte’s elite zip codes for apartment construction:

  • Charlotte’s 28262 is the 27th hottest in the nation. It added 3,526 new apartments in just five years, which translates into a 34% supply growth. Most of these newly built units are in the high-end category.
  • Also among the nation’s top 50 (46th), 28202 saw 2,837 new apartments over the past five years, changing the face of Uptown Charlotte. Notably, most of the new apartments here (59%) are in top locations.
  • While some neighborhoods in Charlotte may not top the list in terms of new apartment numbers, they are seeing tremendous changes because their original stock was smaller. For example, zip code 28206 more than doubled its supply of apartments in just five years (127% growth). 
  • Nationwide, Washington, D.C., dominates the top five with two zip codes — 20002 and 20003 — at #1 and #2, respectively. Meanwhile, the Dallas metro area has the highest number of zip codes (8) among the top 50. Charlotte is the only NC metro that made the list of hottest zip codes for apartment construction.

Here is the full list:

 
1 20002 Washington, D.C. Washington, D.C.
7,378
 17,476 10,098 73.1%
2 20003 Washington, D.C. Washington, D.C.
7,225
 13,137 5,912 122.2%
3 11101 New York, NY Queens, NY
7,081
 16,712 9,631 73.5%
4 37203 Nashville, TN Nashville, TN
6,806
 13,852 7,046 96.6%
5 75034 Dallas, TX Frisco, TX
5,872
 14,315 8,443 69.5%
6 85281 Phoenix, AZ Tempe, AZ
5,667
 20,263 14,596 38.8%
7 30309 Atlanta, GA Atlanta, GA
5,397
 13,691 8,294 65.1%
8 92101 San Diego, CA San Diego, CA
5,346
 16,868 11,522 46.4%
9 07302 New York, NY Jersey City, NJ
5,289
 18,144 12,855 41.1%
10 98052 Seattle, WA Redmond, WA
5,121
 15,011 9,890 51.8%
11 77007 Houston, TX Houston, TX
5,014
 13,641 8,627 58.1%
12 98109 Seattle, WA Seattle, WA
4,780
 14,118 9,338 51.2%
13 60607 Chicago, IL Chicago, IL
4,547
 7,555 3,008 151.2%
14 33301 Miami, FL Fort Lauderdale, FL
4,481
 7,061 2,580 173.7%
15 94103 San Francisco, CA San Francisco, CA
4,379
 11,009 6,630 66.0%
16 94612 San Francisco, CA Oakland, CA
4,188
 8,227 4,039 103.7%
17 33132 Miami, FL Miami, FL
4,184
 5,366 1,182 354.0%
18 75052 Dallas, TX Grand Prairie, TX
4,084
 9,303 5,219 78.3%
19 75070 Dallas, TX Mckinney, TX
4,021
 12,040 8,019 50.1%
20 78660 Austin, TX Pflugerville, TX
3,879
 9,889 6,010 64.5%
21 75204 Dallas, TX Dallas, TX
3,862
 17,398 13,536 28.5%
22 43215 Columbus, OH Columbus, OH
3,791
 9,885 6,094 62.2%
23 80204 Denver, CO Denver, CO
3,722
 8,699 4,977 74.8%
24 77002 Houston, TX Houston, TX
3,687
 9,009 5,322 69.3%
25 78741 Austin, TX Austin, TX
3,606
 19,609 16,003 22.5%
26 85004 Phoenix, AZ Phoenix, AZ
3,587
 6,069 2,482 144.5%
27 28262 Charlotte, NC Charlotte, NC
3,526
 14,018 10,492 33.6%
28 30318 Atlanta, GA Atlanta, GA
3,516
 14,687 11,171 31.5%
29 78702 Austin, TX Austin, TX
3,493
 6,774 3,281 106.5%
29 60605 Chicago, IL Chicago, IL
3,493
 9,863 6,370 54.8%
30 75056 Dallas, TX The Colony, TX
3,461
 11,242 7,781 44.5%
31 33602 Tampa, FL Tampa, FL
3,379
 8,137 4,758 71.0%
32 33137 Miami, FL Miami, FL
3,324
 5,999 2,675 124.3%
33 80202 Denver, CO Denver, CO
3,316
 10,785 7,469 44.4%
34 75234 Dallas, TX Dallas, TX
3,306
 7,033 3,727 88.7%
35 78705 Austin, TX Austin, TX
3,282
 8,657 5,375 61.1%
36 30312 Atlanta, GA Atlanta, GA
3,261
 8,989 5,728 56.9%
37 32256 Jacksonville, FL Jacksonville, FL
3,243
 16,088 12,845 25.2%
38 78666 Austin, TX San Marcos, TX
3,219
 16,664 13,445 23.9%
39 90028 Los Angeles, CA Los Angeles, CA
3,138
 11,631 8,493 36.9%
40 98121 Seattle, WA Seattle, WA
3,115
 10,592 7,477 41.7%
41 75206 Dallas, TX Dallas, TX
3,076
 15,538 12,462 24.7%
42 22314 Washington, D.C. Alexandria, VA
3,010
 9,198 6,188 48.6%
43 77008 Houston, TX Houston, TX
2,887
 6,719 3,832 75.3%
44 75082 Dallas, TX Richardson, TX
2,875
 6,491 3,616 79.5%
45 60654 Chicago, IL Chicago, IL
2,848
 10,136 7,288 39.1%
46 28202 Charlotte, NC Charlotte, NC
2,837
 8,953 6,116 46.4%
47 60610 Chicago, IL Chicago, IL
2,825
 14,694 11,869 23.8%
48 43201 Columbus, OH Columbus, OH
2,814
 4,309 1,495 188.2%
49 32801 Orlando, FL Orlando, FL
2,806
 7,234 4,428 63.4%
50 11201 New York, NY Brooklyn, NY
2,804
 13,973 11,169 25.1%