By Argent Realty
Hyattsville's housing market has been in motion for years, but the last two years delivered something different: the projects that had been in planning and construction for nearly a decade finally arrived. The Hyattsville new residential communities now open range from a Gateway Arts District mixed-use building with outdoor dining to a transit-oriented workforce community steps from Metro.
We follow this market closely, and what is opening here right now is worth a genuine look.
Key Takeaways
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Canvas Apartments: 285 apartments in the Gateway Arts District, now leasing with studio through two-bedroom floor plans, retail including Akira Ramen & Izakaya, and an outdoor dining plaza
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The Bellevue: 361 units completed in December 2025 by EJF Capital and The NRP Group, with studio through three-bedroom floor plans, a clubroom, and co-working lounge
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The Six: 316 apartments near Hyattsville Crossing Metro, built in 2025 to Gold certification under the National Green Building Standard
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Sovren Apartments: 293 units at the West Hyattsville Metro Station, part of the Riverfront at West Hyattsville development, Amazon Housing Equity Fund-backed, grand opening spring 2025
Canvas Apartments
Canvas is among the most visible of the Hyattsville new residential communities to open in 2024, sitting directly on Route 1 in the Gateway Arts District across from the Shoppes at Arts District Hyattsville.
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The apartments: Studios, one-bedrooms, and two-bedrooms from 472 to 1,252 square feet. In-unit washer/dryer, automated roller blinds, Bluetooth-enabled smart mirrors, USB outlets, and spa-inspired vanities are standard
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The retail and plaza: 31,660 square feet of ground-floor retail anchored by Akira Ramen & Izakaya and Mathnasium. The outdoor dining plaza features benches, water features, and landscaping between the building and the adjacent Hyattsville Armory
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The amenities: Mini soaking pool, fitness center, clubhouse, business center, controlled access, concierge services, and garage parking. Pet-friendly with bike storage
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The location: Directly on the arts district corridor, walkable to galleries, restaurants, and transit. The city leases 160 of the 680 garage spaces for public use
Developer Urban Investment Partners assembled seven adjacent lots with 500 feet of frontage, put together $86 million in construction financing, and delivered a six-story building that has been reshaping this block since it opened for leasing in early 2025.
The Bellevue
The Bellevue completed construction in December 2025 through a partnership between EJF Capital and The NRP Group.
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The floor plans: Studio, one-bedroom, two-bedroom, and three-bedroom apartments, making The Bellevue one of the few recently opened communities in Hyattsville to serve larger households looking for three-bedroom units
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The amenities: Fitness center, clubroom, co-working lounge, landscaped courtyards, and structured parking. The co-working lounge reflects the work-from-home reality of the households this building is designed to attract
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The context: EJF Capital cited Hyattsville's proximity to the University of Maryland, the Gateway Arts District, and regional employment connectivity as the market case
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The financing structure: $61 million from M&T Bank and Santander, with subordinate loans from Amazon's Housing Equity Fund and the Prince George's County Housing Investment Trust Fund
Located about seven miles from Washington DC, it's the fifth delivery in EJF Capital's OpZone Fund II and one of 24 multifamily developments the firm has invested in since 2018.
The Six
The Six is a 316-unit, eight-story building at University Town Center, built in 2025. Less than half a mile from Hyattsville
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The floor plans: Studios, one-bedrooms, and two-bedrooms from 554 to 1,160 square feet, rents from $1,716 per month. Walk score 92
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The amenities: Fitness center, courtyard with grills, rooftop pool, pet spa, 276-space structured parking, and 2,052 square feet of ground-floor retail
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The green certification: Gold under the National Green Building Standard, the first Prince George's County apartment to earn it
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The transit access: Less than half a mile from Hyattsville Crossing Metro, with Green and Yellow Line access to downtown DC and College Park
Crossing Metro, it's the first apartment complex in Prince George's County to achieve Gold certification under the National Green Building Standard.
Sovren Apartments
Sovren opened in spring 2025 at 5685 Little Branch Run, adjacent to the West Hyattsville Metro Station and the Northwest Branch Anacostia River trail.
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The apartments: 293 units, with 147 reserved for households at or below 80 percent of the area median income for 99 years, serving a broad range of household incomes
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The amenities: Outdoor kitchen, two courtyards (one with a pool), and 298 spaces in an art-wrapped garage with bike storage
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The transit access: Direct adjacency to the West Hyattsville Metro gives residents access to downtown DC and College Park in under 15 minutes via the Green and Yellow Lines
It's Phase 1 of the Riverfront at West Hyattsville development, which ultimately includes 183 Stanley Martin townhomes, a 49,000-square-foot Kaiser Permanente medical building, and 4.5 acres of parkland with an amphitheater.
FAQs
Are these communities close to Metro access?
The Six is under half a mile from Hyattsville Crossing Metro. Sovren is directly adjacent to West Hyattsville Metro. Canvas is walkable to transit in the Arts District. The Bellevue offers direct access to DC metro employment corridors. Metro proximity is one of the defining attributes driving development activity in Hyattsville.
What is the mix of market-rate and affordable housing across these communities?
The communities opening here reflect a policy environment that links development approvals to workforce housing commitments. The Six reserves at least 75 percent of its 316 units for households at or below area median income. Sovren commits 147 of its 293 units to households at 80 percent AMI for 99 years.
Why is Hyattsville attracting this level of new development?
Proximity to the University of Maryland, Metro access, the established Gateway Arts District, and competitive pricing compared to Montgomery County and the District have combined to make Hyattsville one of the most active development corridors in Prince George's County.
Reach Out to Argent Realty Today
We're Argent Realty, serving buyers, sellers, and renters across Maryland, Washington DC, and Northern Virginia. Our agents have deep roots in the communities they serve and specialize in Hyattsville and the Route 1 corridor.
If you are evaluating this market for buying, selling, or exploring a new community, contact us at Argent Realty.
If you are evaluating this market for buying, selling, or exploring a new community, contact us at Argent Realty.
