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Vacancy rates tracked by Real Data (improved) or (weakened) over the last period ... Asheville 8.2% ... Charleston 10.6% ... Charlotte 6.2% ... Columbia 8.2% ... Greensboro/WS 4.0% ... Greenville/SPG 6.1% ... Jacksonville 3.8% ... Nashville 7.0% ... Norfolk/VaBeach 3.8% ... Orlando 3.7% ... Raleigh/Durham 6.2% ... Richmond 4.4% ... Savannah 6.2% ... Tampa Bay 3.9% ... Wilmington 7.0%

Rental rates tracked by Real Data (rising ) or (declining) in last period ... Asheville $1,177 ... Charleston $1,246 ... Charlotte $1,205 ... Columbia $1,021 ... Greensboro/WS $876 ... Greenville/SPG $991 ... Jacksonville $1,0672/font> ... Nashville $1,267 ... Norfolk/VaBeach $1,079 ... Orlando $1,302/font> ... Raleigh/Durham $1,177 ... Richmond $1,093 ... Savannah $1,102 ... Tampa Bay $1,220 ... Wilmington $1,076
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    Real Data tracks the multi-family apartment markets in the major metro markets of the Southeast. We are one of the few publishers of apartment statistics based on 100% market survey versus sample data. We track statistics on over 1,000,000 multi-family units in North Carolina, South Carolina, Florida, Virginia, Georgia and Tennessee, which gives our subscribers the most extensive data set of comparable apartment statistics available. The market studies are published semi-annually on each market's vacancy, rental rates, development and absorption trends.



    Asheville(12/2018) 8.2% $1,177 96 (4) Find Apartments Research
    Charleston(3/2019) 10.6% $1,246 89 (14) Find Apartments Research
    Charlotte(3/2019) 6.2% $1,205 94(11) Find Apartments Research
    Columbia(11/2018) 8.2% $1,021 87(15) Find Apartments Research
    Greensboro/WS (10/2018) 4.0% $876 96(5) Find Apartments Research
    Greenville/SPG (12/2018) 6.1% $991 92(13) Find Apartments Research
    Jacksonville(1/2019) 3.8% $1,072 98(2) Find Apartments Research
    Nashville (2/2019) 7.0% $1,267 96(7) Find Apartments Research
    Norfolk-Va.Beach (11/2018) 3.8% $1,079 96(9) Find Apartments Research
    Orlando (3/2019) 3.7% $1,302 99(1) Find Apartments Research
    Raleigh/
    Durham (2/2019)
    6.2% $1,177 96(6) Find Apartments Research
    Richmond (1/2019) 4.4% $1,093 95(10) Find Apartments Research
    Savannah (8/2018) 6.2% $1,102 92(12) Find Apartments Research
    Tampa Bay (11/2018) 3.9% $1,220 97(3) Find Apartments Research
    Wilmington(6/2018) 7.0% $1,076 96(7) Find Apartments Research
    Market Rank : Real Data scores each market based on its occupancy, employment growth, development pipeline, demand and rent growth. A higher score is more favorable with scores typically ranging from 90-95. In parentheses is the markets rank based on its score among the cities tracked by Real Data. Note each market's score is as of its survey date and its actual market conditions may have changed since that time.


    Updated March 30, 2019

    Charleston

    Vacancy rates remain high in Charleston due to the pace of new construction.



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    Charlotte

    Developers continue to target the Charlotte region with more than 23,000 units in the pipeline.

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    Greenville/Spartanburg

    Strong demand allowed the vacancy rate to improve to 6.1%.

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    Orlando

    The occupancy rate for the Orlando metro has remained above 95% for more than four years.

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    Richmond

    Developers are targeting Richmond with apartment construction at an all-time high.

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