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Northwest Arkansas' Apartment Market Grew at Fastest Pace in the US in 2019

CoStar Insight: Apartment Development Activity Expected to Remain Strong in 2020
The 604-unit Walton Crossing apartments in Bentonville was one of two multifamily projects that drove much of the market's expansion in 2019. (CoStar)
The 604-unit Walton Crossing apartments in Bentonville was one of two multifamily projects that drove much of the market's expansion in 2019. (CoStar)
By Todd Galvin
CoStar Analytics
January 3, 2020 | 4:40 P.M.

Adding nearly 2,000 apartment units, Northwest Arkansas' multifamily market grew at the fastest rate in the nation this past year. That growth represents a roughly 7% increase as a share of its current inventory, surpassing fast-growing metropolitan areas such as Miami; Dallas-Fort Worth; Austin, Texas; and Nashville, Tennessee.

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