If you are looking for a new apartment, Dallas-Fort Worth is the right place.

More than 17,000 new apartments are set to open their doors in the D-FW area this year. That's second only to New York City among the cities with the most new apartments on the way, according to a new report by Yardi Systems.

"Hundreds of thousands of new apartments are opening their doors to renters across the country," Yardi's Ioana Popovici said. "The other two Texas metros that make the Top 20 are Austin, with over 8,800 new apartments, and Houston, with over 7,600."

Nationwide, 283,000 apartments are scheduled to open this year. That's a decline of 11 percent from new apartments added in the U.S. in 2017, according to Yardi's RentCafe.

"In spite of the year-over-year slowdown, the past three years' total deliveries are projected to pass the 900,000 mark by the end of this year — the highest since the mid-'80s," Yardi analysts say in a new report. "Continuing the trend seen in recent years, Texas is leading the nation with more than 37,000 units slated for delivery in 2018 in Houston, D-FW, Austin and San Antonio combined."

At midyear, more than 37,000 apartments were being built in the D-FW area.

Apartment construction in North Texas has continued at near record levels despite predictions of a slowdown in building.

Yardi Systems is also predicting a slowdown in U.S. apartment starts.

"As the market is approaching a saturation point, 2018 may mark the start of a construction cool-down for the next few years."