Urban Real Estate

Chicago's Apartment Boom Ranks Behind Major Metros

Chicago's Apartment Boom Ranks Behind Major Metros

Despite the large amount of ink that has been spilled arguing about Chicago's apartment building boom, new data shows that the city ranks 14th nationally and is far behind many other cities in construction.

RentCafe concludes that the city will see 8,377 new rental units completed this year, most in the downtown area. That compares with more than 25,000 in Houston, the city leading the list. It's followed by another Texan city, Dallas, with just over 23,000 units and New York, with just under 21,000.

Read more at Curbed Chicago here.