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Here's where the biggest share of US apartment demand is emerging

A decade of construction and migration shifts the hierarchy of rental housing markets
Charlotte, North Carolina, is among a growing group of markets that have emerged as major contributors to U.S. apartment demand over the past decade, thanks to such projects as The Vivian, a 43-story apartment tower that joined the Uptown Charlotte skyline in February. (CoStar)
Charlotte, North Carolina, is among a growing group of markets that have emerged as major contributors to U.S. apartment demand over the past decade, thanks to such projects as The Vivian, a 43-story apartment tower that joined the Uptown Charlotte skyline in February. (CoStar)
CoStar Analytics
July 21, 2026 | 9:46 P.M.

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The apartment boom of the past decade has done more than add millions of units across the country. It revealed the metropolitan areas where renter demand has been growing fastest.

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