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Vacancy rates tracked by Real Data (improved) or (weakened) over the last period ... Asheville 6.9% ... Charleston 4.5% ... Charlotte 5.7% ... Chattanooga 7.0% ... Columbia 7.5% ... Gainesville 5% ... Greensboro/WS 6.7% ... Greenville/SPG 5.8% ... Jacksonville 5.8% ... Myrtle Beach 7.7% ... Nashville 4.8% ... Norfolk/VaBeach 6.0% ... Orlando 3.8% ... Raleigh/Durham 7.4% ... Richmond 6.2% ... Savannah 4.6% ... Tampa Bay 4.3% ... Wilmington 6.1%

Rental rates tracked by Real Data (rising ) or (declining) in last period ... Asheville $1,029 ... Charleston $1,033 ... Charlotte $1,000 ... Chattanooga $824 ... Columbia $908 ... Gainesville $1,002 ... Greensboro/WS $760 ... Greenville/SPG $857 ... Jacksonville $912 ... Myrtle Beach $859 ... Nashville $1,012 ... Norfolk/VaBeach $987 ... Orlando $1,073 ... Raleigh/Durham $1,008 ... Richmond $944 ... Savannah $958 ... Tampa Bay $1,035 ... Wilmington $907
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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(12/2015) 6.9% $1,029 101 (2) Find Apartments Research
    Charleston(9/2015) 5.4% $1,033 94 (12) Find Apartments Research
    Charlotte(9/2015) 5.7% $1,000 95(9) Find Apartments Research
    Chattanooga(2/2015) 6.7% $793 89 (18) Find Apartments Research
    Columbia(11/2015) 7.5% $908 92 (14) Find Apartments Research
    Gainesville(4/2015) 5% $1,002 90 (17) Find Apartments Research
    Greensboro/WS 10/2015) 6.7% $760 94 (11) Find Apartments Research
    Greenville/SPG (12/2015) 5.8% $857 93(13) Find Apartments Research
    Jacksonville(1/2016) 5.8% $912 96 (8) Find Apartments Research
    Myrtle Beach (2/2015) 7.7% $859 98 (4) Find Apartments Research
    Nashville (8/2015) 4.8% $1,012 95(9) Find Apartments Research
    Norfolk-Va.Beach (11/2015) 6.0% $987 91 (15) Find Apartments Research
    Orlando (9/2015) 3.8% $1,073 98 (6) Find Apartments Research
    Raleigh/
    Durham (8/2015)
    7.4% $1,008 98(7) Find Apartments Research
    Richmond (1/2016) 6.2% $944 90 (16) Find Apartments Research
    Savannah (8/2015) 4.6% $958 98 (5) Find Apartments Research
    Tampa Bay (11/2015) 4.3% $1,035 99(3) Find Apartments Research
    Wilmington(6/2015) 6.1% $907 101 (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 January 19, 2016

    Richmond

    Strong demand helped the Richmond vacancy rate reach 6.2% in January.



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    Asheville

    The average rent for Asheville has surpassed the $1,000 mark.

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    Greenville/Spartanburg

    The development pipeline is at an all-time high with nearly 4,000 units currently under construction.

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    Jacksonville

    The Jacksonville apartment market absorbed roughly 3,000 units in 2015.

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    Norfolk/Virginia Beach

    The Norfolk/Virginia Beach development pipeline continues to grow with more than 1,600 starts in the past six months.

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