Tysons Named Top Booming Virginia Suburb In RENTCafé Study

McLean VA

21 January, 2021

1:12 PM

Description

TYSONS, VA — If you drive through Tysons and see all of the new buildings going up, it shouldn't come as a surprise that it is Virginia's top booming suburbs for apartment growth. Apartment listing service RENTCafé conducted a study of which suburbs have the most new apartment units around the U.S. The study was conducted as the COVID-19 pandemic spurs a growing interest in suburban America, particularly Whether or not you would classify the bustling Tysons a suburb, it leads Virginia in apartment deliveries in the last five years. According to the study, there were nearly 17,200 units added in suburban Virginia since 2016; Tysons was first among the state's suburbs with 2,562 new units. It is also ranked 10th among suburbs nationwide. The study noted that Tysons' apartment supply has a 42 percent share of newly built rentals in the last five years. High rise-buildings with at least 13 floors account for the growth of new apartments. The top 10 suburbs with the most new apartments are: Frisco, Texas: Dallas Metro, 8,044 new unitsMcKinney, Texas: Dallas Metro, 4,843 new unitsChandler, Arizona: Phoenix Metro, 4,805 new unitsSpring Valley, Nevada: Las Vegas Metro, 4,559 new unitsFarmers Branch, Texas: Dallas Metro, 3,788 new unitsSpring, Texas: Houston Metro, 3,775 new unitsGrand Prairie, Texas: Dallas Metro, 3,308 new unitsKing of Prussia, Pennsylvania: Philadelphia Metro, 3,030 new units Garland, Texas: Dallas Metro, 2,865 new unitsTysons, Virginia: Washington D.C. Metro, 2,562 new unitsSee the full RENTCafé study results here.