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Vacancy rates tracked by Real Data (improved) or (weakened) over the last period ... Asheville 8.2% ... Charleston 8.8% ... Charlotte 5.5% ... Columbia 8.9% ... Greensboro/WS 3.7% ... Greenville/SPG 5.4% ... Jacksonville 3.5% ... Nashville 5.3% ... Norfolk/VaBeach 3.5% ... Orlando 3.5% ... Raleigh/Durham 4.9% ... Richmond 3.9% ... Savannah 6.2% ... Tampa Bay 4.0% ... Wilmington 5.5%

Rental rates tracked by Real Data (rising ) or (declining) in last period ... Asheville $1,177 ... Charleston $1,276 ... Charlotte $1,238 ... Columbia $1,077 ... Greensboro/WS $898 ... Greenville/SPG $1,020 ... Jacksonville $1,100/font> ... Nashville $1,312 ... Norfolk/VaBeach $1,091 ... Orlando $1,335/font> ... Raleigh/Durham $1,210 ... Richmond $1,146 ... Savannah $1,102 ... Tampa Bay $1,254 ... Wilmington $1,153
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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 (6) Find Apartments Research
    Charleston(9/2019) 8.8% $1,276 89 (15) Find Apartments Research
    Charlotte(9/2019) 5.5% $1,238 96(7) Find Apartments Research
    Columbia(5/2019) 8.9% $1,077 91(14) Find Apartments Research
    Greensboro/WS (4/2019) 3.7% $898 99(2) Find Apartments Research
    Greenville/SPG (6/2019) 5.4% $1,020 95(12) Find Apartments Research
    Jacksonville(7/2019) 3.5% $1,100 98(3) Find Apartments Research
    Nashville (8/2019) 5.3% $1,312 97(4) Find Apartments Research
    Norfolk-Va.Beach (5/2019) 3.5% $1,091 96(9) Find Apartments Research
    Orlando (9/2019) 3.5% $1,335 98(4) Find Apartments Research
    Raleigh/
    Durham (8/2019)
    4.9% $1,210 96(10) Find Apartments Research
    Richmond (7/2019) 3.9% $1,146 95(11) Find Apartments Research
    Savannah (8/2018) 6.2% $1,102 92(13) Find Apartments Research
    Tampa Bay (5/2019) 4.0% $1,254 96(8) Find Apartments Research
    Wilmington(6/2019) 5.5% $1,153 101(1) 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 September 28, 2019

    Charleston

    Developers continue to target Charleston with 23 communities currently under construction.



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    Charlotte

    Developers continue to target the Charlotte metro with more than 12,500 units under construction.

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    Greenville/Spartanburg

    The average rent in Greenville/Spartanburg surpassed the $1,000 mark for the first time at $1,020 per month.

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    Orlando

    The Orlando market has reported an occupancy rates above 96% for the past four years.

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    Richmond

    The Richomnd area vacancy rate hit a twenty year low at 3.9%.

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