Where cranes and apartment buildings are rising, you’ll usually find bustling economic growth—and that’s more true of one ZIP code in Frisco than almost anywhere else in the U.S.
According to a new report by RentCafe, Frisco ZIP code 75034 boasted 5,872 new apartments built from 2018 to 2022 for a total of 14,315 apartments—an increase of 69.5% over what the ZIP code offered in 2017.
That ranks the Frisco ZIP code as the No. 5 hottest apartment construction ZIP code in the U.S.
The only ZIP codes in America to beat out Frisco’s? Washington D.C.’s 20002 placed No. 1, with 7,378 new apartments built from 2018 to 2022. Following it in No. 2 to No. 4 order were the ZIP code right next door, 20002 in Washington, D.C.; 11101 in New York City; and 37203 in Nashville, Tennessee.
The only other Texas city to crack the Top 15 was Houston, whose 77007 ZIP code placed No. 11 with 5,014 new apartments.
Frisco’s hot ZIP code is in the city’s western part
“Located in the western part of the city, ZIP code 75034 became ground zero for 5,872 new apartments between 2018 and 2022,” RentCafe writes of Frisco’s hottest apartment construction area. “A popular choice for commuters, this area is known for its upscale neighborhoods. As a matter of fact, 96% of the units built in the last five years here are high-end rentals.”
RentCafe noted that “an impressive number” of major corporations call Frisco home, including T-Mobile, Oracle, and Amazon. “This, along with a highly rated school system, makes the city attractive for everyone from young professionals to families with children,” RentCafe added.
Other hot apartment construction areas in Dallas-Fort Worth
According to the report, Frisco isn’t the only hot apartment construction town in North Texas.
“Popular among commuters, Grand Prairie’s 75052 and McKinney’s 75070 are the next top hotspots for apartment construction in Dallas,” RentCafe said. “They saw 4,084 and 4,021 new units built from 2018 to 2022. Notably, all new apartments in McKinney are in top locations.”
As for Dallas itself? Most new apartments there were opened in ZIP code 75204, bordered by Turtle Creek in Oak Lawn, Fitzhugh Avenue, Gaston Avenue, and the edge of downtown Dallas. That Dallas ZIP code saw 3,862 apartments built from 2018 to 2022.
“Also within the heart of Dallas, 75234, and 75206 have seen substantial additions too,” RentCafe added. “Home mostly to high-earning millennials, they each have introduced above 3,000 new apartments in the last five years.
You can see the full RentCafe report by going here.
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