Columbus expecting a sharp decline in apartment construction, study says

COLUMBUS, Ohio (WCMH) – While apartment construction is set to reach a record high nationwide this year, data shows Columbus did not rank among the cities with the most new units and is expected to experience a slowdown. 

Apartment builders are on track to deliver 518,108 rental units across the United States by the end of 2024 – the most in a single year on record, according to an analysis by apartment search site RentCafe. This number marks a 9% increase compared with 2023 and a 30% jump from 2022.