Frisco's 75034 ZIP code ranked No. 5 by the number of apartments completed from 2018 to 2022, according to a new report from RentCafe and Yardi Matrix.
The 75034 ZIP code was the fifth-busiest area for apartment building over the past five years.As people from all over the U.S. flock to Dallas’ northern suburbs, Frisco has dominated most of the country in apartment construction over the past few years.
The 75034 ZIP code ranked No. 5 by the number of apartments completed from 2018 to 2022, according to a The Frisco ZIP code added 5,872 new apartment units over the five-year period, according to the report. In 2017, it had just 8,443. As of 2022, it had 14,315 apartments.Within Dallas-Fort Worth, Frisco was followed by Grand Prairie’s 75052, which saw 4,084 units built during that period, and McKinney’s 75070 with 4,021 apartments.Only neighborhoods in Washington, D.C., New York and Nashville saw more apartment building.
Six ZIP codes in Dallas-Fort Worth saw its number of apartments more than double over the five-year period, according to the report, topped by Aubrey’s 76227 with 187.7% growth. From 2018 to 2022, 1,851 new apartments were built in that area. Fort Worth’s 76114, Dallas’ 75205, Denton’s 76207, Fort Worth’s 76104 and Dallas’ 75208 also saw their apartment supply double over those five years.Dallas-based Landsea Homes Corp. is expanding into the Colorado housing market by acquiring the assets and lot inventory of Longmont-based Richfield Homes.Dallas-based real estate brokerage Allie Beth Allman & Associates, which is especially well-known in the local luxury market, plans to move its Oak Lawn headquarters by the end of 2023.
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