Upgrade Your Rental: Best Cities for Finding New Apartments in 2023

Boca Raton, FL, is the best city for finding new apartments in highly desirable locations.

It’s getting harder and harder to find apartments these days, as rentals are a red-hot commodity and more renters are deciding to renew their leases and stay put — so much so that apartment buildings are almost full in every metro area across the U.S. With older buildings filled up, you have a higher chance of finding available apartments in newly built communities, and this might just be the best excuse to upgrade to a newer apartment in 2023. But where should you look?

Now that the festive season is over and many renters are thinking of upgrading to a nicer rental, we decided to reveal the places where you have the best chance to find newer apartments that are also spacious and located in desirable neighborhoods. For this, we analyzed the number of new apartments opened in the last 10 years, how large they are, the most recent occupancy rate and the quality of the neighborhoods where they are located, using Yardi Matrix data.

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