Office buildings were the most repurposed type of buildings into apartments in the United States from 2019 to 2021. The number of converted apartments from office spaces increased from 3,723 to 7,415 in this period, an increase of over 100 percent. Factory buildings and hotels were also commonly adapted into apartments. Following a period of year on year increase, the number of apartment conversions in the U.S. fell dramatically in 2018. In 2021, however, the estimated number of conversions
Number of apartment conversions from factories, hotels, and offices in the United States from 2019 to 2021
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Statistics on Office real estate in the United States
Overview
8
- Premium Statistic Occupancy cost in the Americas 2021, by market
- Premium Statistic Quarterly office vacancy rates in the U.S. 2017-2022
- Premium Statistic Largest office leases in the U.S. Q1 2022, by tenant
- Premium Statistic Largest office sales in the U.S. Q1 2022
- Premium Statistic Absorption of office space in the U.S. 2022, by market
- Premium Statistic Office space under construction in regions of U.S. 2021-2022
- Premium Statistic Office space under construction in selected metro areas in the U.S. 2021
- Premium Statistic Apartments repurposed from most commonly converted buildings in the U.S. 2019-2021
Manhattan
6
- Premium Statistic Average asking rent for office space in Manhattan in Q4 2022, by district
- Premium Statistic Average asking rent for offices in Midtown South, Manhattan in Q4 2022, by submarket
- Basic Statistic Average asking rent in for office space Midtown, Manhattan in Q4 2022, by submarket
- Premium Statistic Average asking rent for office space in Downtown Manhattan in Q4 2022, by submarket
- Basic Statistic Office space availability rate in Manhattan in Q4 2022, by district
- Premium Statistic Size of office area in Manhattan in Q4 2022, by district
Boston
5
- Premium Statistic Average direct asking rent for office space in Boston 2022, by district
- Premium Statistic Volume of office space in Boston Q2 2022, by district
- Premium Statistic Available office and lab real estate in Boston Q2 2022, by district and type
- Premium Statistic Office space availability rate in Boston Q2 2022, by district
- Premium Statistic Absorption of office space in Boston 2022, by district
San Francisco
5
- Premium Statistic Office space rental rates in San Francisco Q1 2022, by submarket
- Premium Statistic Office space inventory in San Francisco Q1 2022, by submarket
- Premium Statistic Office space under construction in San Francisco Q3 2021, by submarket
- Premium Statistic Vacancy of office space in San Francisco Q1 2022, by submarket
- Premium Statistic Office space vacancy rates in San Francisco Q1 2022, by submarket
Inland Empire
3
- Premium Statistic Supply of office space in Inland Empire West, California Q2 2022-Q4 2022, by district
- Premium Statistic Vacancy rate of office space in Inland Empire South, California 2021-22, by district
- Premium Statistic Asking rent of office space in Inland Empire East, California 2021-2022, by district
Hybrid working model
5
- Premium Statistic Hybrid work willingness according to C-suite and non-C-suite employees U.S. 2021
- Premium Statistic Investors' view on office demand in the next three years globally 2022, by region
- Premium Statistic Number of days office employees would like to work from an office in the U.S. 2021
- Premium Statistic Benefits of office hybrid model according to C-suite level employees in the U.S. 2021
- Premium Statistic Benefits of office hybrid model according to employees in the U.S. 2021
Further related statistics
14
- Number of new housing units in San Francisco 2010-2021, by building type
- Property price to rent ratio in Walvis Bay and Windhoek Namibia 2019, by location
- Monthly rents for an apartment in Nairobi, Kenya 2022
- Poll: how much Russians pay for rented housing 2019, by average monthly fee
- Russians' intentions to rent or continue long-term housing rental 2019
- Average monthly rent of permanent housing Hong Kong 2007-2021, by district
- Italy: number of Airbnb listings by city 2016
- Italy: distribution of foreign tourists in Tuscany 2016, by accommodation
- Most expensive cities for renting a student studio apartment in France 2022
- Latin America: rental income tax 2019, by country
- Attention releases: monthly evolution Barcelona 2015-2016
- Change in rental costs due to the COVID-19 pandemic in Poland 2020, by city
- Reasons for using Airbnb in the United Kingdom (UK) 2017
- Flat share usage (e.g. Airbnb) by travelers in the UK 2017, by gender
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Statistics
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- Property price to rent ratio in Walvis Bay and Windhoek Namibia 2019, by location
- Monthly rents for an apartment in Nairobi, Kenya 2022
- Poll: how much Russians pay for rented housing 2019, by average monthly fee
- Russians' intentions to rent or continue long-term housing rental 2019
- Average monthly rent of permanent housing Hong Kong 2007-2021, by district
- Italy: number of Airbnb listings by city 2016
- Italy: distribution of foreign tourists in Tuscany 2016, by accommodation
- Most expensive cities for renting a student studio apartment in France 2022
- Latin America: rental income tax 2019, by country
- Attention releases: monthly evolution Barcelona 2015-2016
- Change in rental costs due to the COVID-19 pandemic in Poland 2020, by city
- Reasons for using Airbnb in the United Kingdom (UK) 2017
- Flat share usage (e.g. Airbnb) by travelers in the UK 2017, by gender
RentCafé. (October 6, 2021). Number of apartment conversions from factories, hotels, and offices in the United States from 2019 to 2021 [Graph]. In Statista. Retrieved January 30, 2023, from https://www.statista.com/statistics/1270188/apartment-conversions-by-building-repurposed-usa/
RentCafé. "Number of apartment conversions from factories, hotels, and offices in the United States from 2019 to 2021." Chart. October 6, 2021. Statista. Accessed January 30, 2023. https://www.statista.com/statistics/1270188/apartment-conversions-by-building-repurposed-usa/
RentCafé. (2021). Number of apartment conversions from factories, hotels, and offices in the United States from 2019 to 2021. Statista. Statista Inc.. Accessed: January 30, 2023. https://www.statista.com/statistics/1270188/apartment-conversions-by-building-repurposed-usa/
RentCafé. "Number of Apartment Conversions from Factories, Hotels, and Offices in The United States from 2019 to 2021." Statista, Statista Inc., 6 Oct 2021, https://www.statista.com/statistics/1270188/apartment-conversions-by-building-repurposed-usa/
RentCafé, Number of apartment conversions from factories, hotels, and offices in the United States from 2019 to 2021 Statista, https://www.statista.com/statistics/1270188/apartment-conversions-by-building-repurposed-usa/ (last visited January 30, 2023)
Number of apartment conversions from factories, hotels, and offices in the United States from 2019 to 2021 [Graph], RentCafé, October 6, 2021. [Online]. Available: https://www.statista.com/statistics/1270188/apartment-conversions-by-building-repurposed-usa/