North Texas’ exponential population growth has been a topic of conversation for many seeking affordable housing in recent years. Due to this, rental properties of all kinds are popping up all over the place to try and keep up. For those seeking a more luxurious rental experience, Plano ranked number three in the nation for high-end apartment living options.
This ranking comes as part of a study that analyzed how apartments are marketed over ten years in the 100 largest U.S. cities. The study found that 98.5% of Plano’s 8,300 apartments offer high-end living.
These apartments tended to be over 945 square feet, including amenities such as pools, tennis courts, EV charging stations and co-working spaces, according to the report. Irving and Dallas followed Plano at numbers 6 and 7 on the chart.
This comes as no surprise, of course, when looking at the luxury apartments cropping up in the Legacy area, including the 25-story Kincaid at Legacy tower that opened in 2018, marking the county’s first highrise.
Even with over 8 thousand new rental properties, experts say that North Texas is still in a housing deficit with property costs on the rise and residents renting at higher rates than ever.
Oh, wow. So the new journalism is not even saying what study it is and when it came out.
Good afternoon, the article contains links to the study and other statistics that are available for you to peruse. The study also has information on Dallas, Irving and Houston among the rest of the major cities in the United States.