Houston apartments surging: Over 5,000 multifamily units proposed, underway in some neighborhoods

Houston is experiencing a surge in multifamily housing construction, with over 29,000 units underway and 62,000 planned, driven by population and job growth. Neighborhoods like Montrose, River Oaks, and the Heights are key areas for new developments. Rising rents and affordability challenges persist, but Houston remains attractive due to lower living costs compared to other major cities. Market growth may slow amid economic uncertainties.