Developers have shown an increasing appetite for building one-bedroom apartments in the past several years.
Whether that remains the case as Millennials age and the size of their households grows will be something Axiometrics follows closely through its apartment data.
Before 2012, the number of studio/one-bedroom floor plans and the number of two-bedroom floor plans were relatively equal, comprising an average of 45.5 percent and 46.1 percent of a property, respectively.
The remainder of a propertys offerings were three bedrooms units.
Since 2012, the scales have been tilted toward studio and one-bedroom units, which made up an average of 54.4 percent of the unit mix. The percentage of two-bedroom
units has fallen to 38.9 percent.