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    land of many high rises

    This Dallas-area zip code ranks 5th hottest in U.S. for new apartments in last 5 years

    Amber Heckler
    Oct 23, 2023 | 9:20 am
    Downtown Dallas buildings

    More people means more apartments to fit them all.

    Photo by Andreas Rasmussen on Unsplash

    Nearly all of Dallas-Fort Worth has experienced a flurry of apartment construction to accommodate the equally expanding population in the last few years. In fact, eight Dallas-area zip codes were the hottest markets for new apartment construction between 2018 and 2022, according to a new rental market analysis by RentCafe.

    Frisco is fifth in the nation
    Most impressively, the zip code 75034 in Frisco was the No. 5 hottest market in the U.S., with a 70 percent growth rate for apartments. Nearly 5,900 new apartments built in the last five years, with a majority (96 percent) of units falling in the category of "luxury apartments."

    According to the study, the median age of a person living in 75034 is about 36 years old, and the median income for the area is $65,816. This could be attributed to several major employers being located in the Dallas suburb, such as T-Mobile, Oracle, and Amazon.

    "[Big corporations in Frisco], along with a highly rated school system, makes the city attractive for everyone from young professionals to families with children," the report said.

    Frisco joins the likes of several major U.S. cities with similar explosive apartment rental growth, and outranks all other zip codes in Texas.

    The top 10 zip codes that built the most new apartments from 2018-2022 are:

    • No. 1 – 20002 in Washington, D.C. (73.1 percent growth rate)
    • No. 2 – 20003 in Washington, D.C. (122.2 percent growth rate)
    • No. 3 – 11101 in Queens, New York (73.5 percent growth rate)
    • No. 4 – 37203 in Nashville, Tennessee (96.6 percent growth rate)
    • No. 5 – 75304 in Frisco, Texas (69.5 percent growth rate)
    • No. 6 – 85281 in Tempe, Arizona (38.8 percent growth rate)
    • No. 7 – 30309 in Atlanta, Georgia (65.1 percent growth rate)
    • No. 8 – 92101 in San Diego, California (46.4 percent growth rate)
    • No. 9 – 07302 in Jersey City, New Jersey (41.1 percent growth rate)
    • No. 10 – 98052 in Redmond, Washington (51.8 percent growth rate)

    Four other Dallas-area suburbs landed in the top 50
    For workers commuting into Dallas from outside the city limits, the zip codes 75052 in Grand Prairie and 75070 in McKinney were the No. 18 and No. 19 hottest U.S. markets for new apartment construction. Both suburbs had a little more than 4,000 new units built between 2018 and 2022, which translates to a 78 percent growth rate in Grand Prairie, and a 50 percent growth in McKinney.

    The Colony's 75056 zip code ranked No. 30 in the nation, with a 44.5 percent growth rate. The study says 3,461 new apartments were built within the five year period.

    Edging its way into the top 45 was 75082 in Richardson (No. 44). The city saw 2,875 new apartments built between 2018 and 2022, a 79.5 percent growth rate.

    Dallas proper zip codes
    Located in the heart of the city, 75204 encompasses parts of Baylor-Meadows, Old East Dallas, Belmont Park, Uptown, and State Thomas on both sides of Interstate 75. It ranked No. 21 in the report, with more than 3,800 new apartment units constructed between 2018 and 2022.

    On the northwest side of town, 75234 in Farmers Branch ranked No. 30 with more than 3,300 new apartments built within the same time span. This zip code had the highest growth rate out of all Dallas-area zip codes at 88.7 percent.

    On the opposite end, the Dallas zip code with the smallest growth rate was 75206, located between the area east of I-75 and Skillman Street. The zip code earned No. 41 in the study, and had 3,076 new apartments constructed from 2018-2022.

    The full report can be found on rentcafe.com.

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    Neighbor news

    Blooming Dallas suburb ranks as America's 7th most livable small city

    Amber Heckler
    Jul 11, 2025 | 3:54 pm
    Flower Mound, Texas
    flowermound.gov/
    Flower Mound has skyrocketed into the top 10 most livable small cities in 2025.

    One Dallas-area city continues to attract the national spotlight: namely Flower Mound, whose latest accolade comes from SmartAsset, the financial technology company, which ranks it as the No. 7 most livable small city in the U.S. for 2025.

    This ranking represents a big jump for this family-focused suburb less than 30 miles from Dallas, which skyrocketed into the top 10 after coming in at No. 29 on the same list last year.

    SmartAsset's annual study compared 279 U.S. cities with populations between 65,000 and 100,000 residents across seven metrics, including a resident's housing costs as a percentage of household income; average commute times; the percentage of residents living below the poverty line; and the proportions of entertainment, food service, and healthcare establishments.

    Flower Mound boasts a population of more than 79,000 residents who earn a median $147,490 in yearly household income, the report found. These residents spend just under 20 percent of their income on their housing costs, which add up to a median $2,454 per month.

    The city is sprawling with employment opportunities on both local and corporate levels, comprising more than 20,000 businesses, and nearly 97 percent of Flower Mound residents have health insurance. Residents spend about 25 minutes on average commuting to their jobs.

    Flower Mound has the second-lowest unemployment rate out of all 20 Texas cities in the report, at just 1.95 percent. The report also added that only 3.3 percent of the city's population is living below the poverty line.

    Earlier this year, Flower Mound's appealing size and relative affordability landed the No. 1 slot on Livability.com's list of best places to live in the U.S. in 2025.

     Rheudasil Park in Flower Mound Flower Mound has nearly 1,000 acres of parks for families and visitors to enjoy.Town of Flower Mound, Texas-Government/Facebook

    According to the city's website, Flower Mound prides itself on being a tight-knit, family-oriented community that embraces its small-town feel while still encouraging "a dynamic economic development environment."

    Flower Mound came in as the highest Dallas-Fort Worth city to earn a spot in the top 50, but three other cities also made the list including North Richland Hills, which took a major leap from its 2024 ranking at No. 139 and is now the 48th most livable small city nationwide.

    The two other Dallas-Fort Worth cities that earned spots among the 279 most livable small cities in the nation: Mansfield (No. 138) and Rowlett (No. 181).

    Reducing household expenses or escaping from noise pollution are just a few of the many reasons Americans may choose to move to a smaller city. But the report says not all families are willing to trade a lower cost of living for the convenience of living in a major urban epicenter.

    "Ultimately, a local economy where infrastructure, business, financial prosperity and convenience all intersect may offer the best of all worlds for everyone in the household," the report's author wrote.

    The top 10 most livable small U.S. cities in 2025 are:

    • No. 1 – Plymouth, Minnesota
    • No. 2 – Bloomington, Illinois
    • No. 3 – Livonia, Michigan
    • No. 4 – O'Fallon, Missouri
    • No. 5 – Ankeny, Iowa
    • No. 6 – Lakeville, Minnesota
    • No. 7 – Flower Mound, Texas
    • No. 8 – Eu Claire, Wisconsin
    • No. 9 – Appleton, Wisconsin
    • No. 10 – St. Charles, Missouri
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