The average square foot value of apartments in the United States increased dramatically in recent years, peaking at about 282 U.S. dollars per square foot in 2021. This was more than double the average value just a decade ago.
Value of apartment stock per square foot in the United States from 2010 to 2021 (in U.S. dollars)
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Other statistics that may interest you Apartments in the United States
Overview
8
- Premium Statistic Key figures of the apartment rental market in the U.S. 2022
- Premium Statistic Most affordable cities to rent an apartment in the U.S. 2022, by apartment size
- Premium Statistic Average monthly apartment rent in the U.S. 2017-2023, by apartment size
- Premium Statistic Apartment rent in the United States in 2022-2023, by state
- Premium Statistic Asking rent for unfurnished apartments in the U.S. 1980-2023
- Premium Statistic Leading apartment owners in the U.S. 2024, by units owned
- Premium Statistic Size of apartment rental market U.S. 2012-2022, with a forecast for 2023
- Premium Statistic Size of property management market in the U.S. 2012-2022, with a forecast until 2023
Construction
7
- Premium Statistic Rental stock in select metros in the U.S. 2022, by type of building
- Premium Statistic Leading apartment developers in the U.S. 2023
- Premium Statistic U.S. new apartment supply 2001-2022
- Premium Statistic New apartments completed in the U.S. 2022, by metro area
- Premium Statistic Median size of multifamily housing units in the U.S. 2000-2021
- Premium Statistic Average apartment size in the largest cities in the U.S. 2022
- Premium Statistic Amount of converted apartments in the U.S. 2010-2021
Industry data
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- Premium Statistic Apartment sales volume index in the U.S. 2016-2022
- Premium Statistic Apartment market tightness index U.S. 2016-2022
- Premium Statistic Apartment market debt and equity financing index U.S. 2016-2022
- Premium Statistic Apartment stock value per square foot in the U.S. 2010-2021
- Premium Statistic Market share of rental property review sites U.S. 2021
- Premium Statistic Average number of websites where a rental property is reviewed U.S. 2015-2021
- Premium Statistic Average number of online reviews per rental property U.S. 2015-2021
- Premium Statistic Average online review rating of rental properties U.S. 2021, by review site
Affordability
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- Premium Statistic U.S. cities with highest rents for one bedroom apartments in 2021
- Premium Statistic Year-on-year apartment rent change in the U.S. 2023, by state
- Premium Statistic U.S. two-bedroom housing fair market rent 2023, by state
- Basic Statistic Hourly wages needed to afford a two-bedroom apartment in the U.S. 2023, by state
- Premium Statistic Hourly wages needed to afford a two-bedroom apartment in the U.S. 2023, by county
- Premium Statistic Hourly wages needed to afford a two-bedroom apartment in the U.S. 2023, by metro area
Further Content: You might find this interesting as well
NMHC. (December 22, 2022). Value of apartment stock per square foot in the United States from 2010 to 2021 (in U.S. dollars) [Graph]. In Statista. Retrieved April 26, 2024, from https://www.statista.com/statistics/1356650/apartment-stock-value-per-square-foot-usa/
NMHC. "Value of apartment stock per square foot in the United States from 2010 to 2021 (in U.S. dollars)." Chart. December 22, 2022. Statista. Accessed April 26, 2024. https://www.statista.com/statistics/1356650/apartment-stock-value-per-square-foot-usa/
NMHC. (2022). Value of apartment stock per square foot in the United States from 2010 to 2021 (in U.S. dollars). Statista. Statista Inc.. Accessed: April 26, 2024. https://www.statista.com/statistics/1356650/apartment-stock-value-per-square-foot-usa/
NMHC. "Value of Apartment Stock per Square Foot in The United States from 2010 to 2021 (in U.S. Dollars)." Statista, Statista Inc., 22 Dec 2022, https://www.statista.com/statistics/1356650/apartment-stock-value-per-square-foot-usa/
NMHC, Value of apartment stock per square foot in the United States from 2010 to 2021 (in U.S. dollars) Statista, https://www.statista.com/statistics/1356650/apartment-stock-value-per-square-foot-usa/ (last visited April 26, 2024)
Value of apartment stock per square foot in the United States from 2010 to 2021 (in U.S. dollars) [Graph], NMHC, December 22, 2022. [Online]. Available: https://www.statista.com/statistics/1356650/apartment-stock-value-per-square-foot-usa/