{"id":13717,"date":"2021-11-14T18:03:34","date_gmt":"2021-11-15T01:03:34","guid":{"rendered":"https:\/\/www.arizonafoothillsmagazine.com\/in-house\/?p=13717"},"modified":"2021-11-14T18:03:36","modified_gmt":"2021-11-15T01:03:36","slug":"this-is-the-most-sought-after-neighborhood-for-new-apartments-in-phoenix","status":"publish","type":"post","link":"https:\/\/www.arizonafoothillsmagazine.com\/in-house\/in-house-news\/this-is-the-most-sought-after-neighborhood-for-new-apartments-in-phoenix","title":{"rendered":"This is the Most Sought-After Neighborhood for New Apartments in Phoenix"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img  loading=\"lazy\"  decoding=\"async\"  width=\"1024\"  height=\"683\"  src=\"https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180318\/pontus-wellgraf-PMunHRGPoJ4-unsplash-80x53.jpeg\"  alt=\"\"  class=\"wp-image-13725 pk-lqip pk-lazyload\"  data-pk-sizes=\"auto\"  data-ls-sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"  data-pk-src=\"https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180318\/pontus-wellgraf-PMunHRGPoJ4-unsplash-1024x683.jpeg\"  data-pk-srcset=\"https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180318\/pontus-wellgraf-PMunHRGPoJ4-unsplash-1024x683.jpeg 1024w, https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180318\/pontus-wellgraf-PMunHRGPoJ4-unsplash-300x200.jpeg 300w, https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180318\/pontus-wellgraf-PMunHRGPoJ4-unsplash-768x512.jpeg 768w, https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180318\/pontus-wellgraf-PMunHRGPoJ4-unsplash-380x253.jpeg 380w, https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180318\/pontus-wellgraf-PMunHRGPoJ4-unsplash-800x533.jpeg 800w, https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180318\/pontus-wellgraf-PMunHRGPoJ4-unsplash-1160x773.jpeg 1160w, https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180318\/pontus-wellgraf-PMunHRGPoJ4-unsplash-80x53.jpeg 80w, https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180318\/pontus-wellgraf-PMunHRGPoJ4-unsplash.jpeg 1500w\" ><\/figure>\n\n\n\n<p>Highly popular due to their location and vibrant amenities, urban neighborhoods around the country have seen a boom in new apartments in the last five years. In fact, the top 20 most active neighborhoods \u2014 led by Downtown Los Angeles \u2014 have delivered a staggering 80,000 brand new rental units.<\/p>\n\n\n\n<p>Apartments continue to pop up across the nation, with about 1.6 million new rentals built in the last five years. A recent RentCafe <a href=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/market-snapshots\/top-apartment-crazed-neighborhoods\/\" target=\"_blank\" rel=\"noreferrer noopener\">study<\/a> took a look at which neighborhoods were the most apartment-crazed in the country. <\/p>\n\n\n\n<p>Analyzing construction data for the 50 largest U.S. cities, the report uncovered that the 20 most active neighborhoods for new apartments were mostly hyper-urban, centrally located areas, that are highly sought after by Millennial and Gen Z renters, with Downtown Los Angeles and Midtown Atlanta leading the pack.<\/p>\n\n\n\n<p><meta charset=\"utf-8\">As it turns out, Encanto Village in Phoenix made 16th on the list for the neighborhood with the greatest amount of new apartments built over the past five years, including 2,965 new apartments, or 21% of the city&#8217;s total. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img  loading=\"lazy\"  decoding=\"async\"  width=\"756\"  height=\"1024\"  src=\"https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180103\/b-style-color-585859-top-20-most-apartment-crazed-neighborhoods-59x80.jpg\"  alt=\"\"  class=\"wp-image-13722 pk-lqip pk-lazyload\"  data-pk-sizes=\"auto\"  data-ls-sizes=\"auto, (max-width: 756px) 100vw, 756px\"  data-pk-src=\"https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180103\/b-style-color-585859-top-20-most-apartment-crazed-neighborhoods-756x1024.jpg\"  data-pk-srcset=\"https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180103\/b-style-color-585859-top-20-most-apartment-crazed-neighborhoods-756x1024.jpg 756w, https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180103\/b-style-color-585859-top-20-most-apartment-crazed-neighborhoods-222x300.jpg 222w, https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180103\/b-style-color-585859-top-20-most-apartment-crazed-neighborhoods-768x1040.jpg 768w, https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180103\/b-style-color-585859-top-20-most-apartment-crazed-neighborhoods-1134x1536.jpg 1134w, https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180103\/b-style-color-585859-top-20-most-apartment-crazed-neighborhoods-380x515.jpg 380w, https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180103\/b-style-color-585859-top-20-most-apartment-crazed-neighborhoods-800x1083.jpg 800w, https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180103\/b-style-color-585859-top-20-most-apartment-crazed-neighborhoods-1160x1571.jpg 1160w, https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180103\/b-style-color-585859-top-20-most-apartment-crazed-neighborhoods-80x108.jpg 80w, https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180103\/b-style-color-585859-top-20-most-apartment-crazed-neighborhoods-59x80.jpg 59w, https:\/\/media.arizonafoothillsmagazine.com\/in-house\/wp-content\/uploads\/2021\/11\/14180103\/b-style-color-585859-top-20-most-apartment-crazed-neighborhoods.jpg 1220w\" ><\/figure>\n\n\n\n<p>Read the full report <a href=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/market-snapshots\/top-apartment-crazed-neighborhoods\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Urban neighborhoods around the country have seen a boom in new apartments in the last five years.\n","protected":false},"author":13,"featured_media":13725,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[2556,1648,2566,3957],"class_list":{"0":"post-13717","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-in-house-news","8":"tag-downtown-phoenix-apartments","9":"tag-featured","10":"tag-luxury-apartments-phoenix","11":"tag-phoenix-apartments","12":"cs-entry","13":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>This is the Most Sought-After Neighborhood for New Apartments in Phoenix<\/title>\n<meta name=\"description\" content=\"Urban neighborhoods around the country 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