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Florida stands apart in US apartment demand gains

Number of markets staging exceptional growth extends beyond Miami, Orlando and Tampa
Apartment markets throughout the Sunshine State, such as the 424-unit Aster & Links developed by Belpointe in downtown Sarasota, have generated outsized renter demand over the past decade, helping sustain the state's long-term population and household growth despite a recent surge in new supply. (CoStar)
Apartment markets throughout the Sunshine State, such as the 424-unit Aster & Links developed by Belpointe in downtown Sarasota, have generated outsized renter demand over the past decade, helping sustain the state's long-term population and household growth despite a recent surge in new supply. (CoStar)
CoStar Analytics
July 20, 2026 | 8:37 P.M.

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When investors think about apartment demand in Florida, they typically focus on the "Big Three:" Miami, Orlando and Tampa. However, the data suggests something much larger has happened, with the state producing one of the broadest collections of markets with the largest increases in their share of national apartment demand over the past decade.

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