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Vacancy rates tracked by Real Data (improved) or (weakened) over the last period ... Asheville 7.1% ... Charleston 9.7% ... Charlotte 6.2% ... Columbia 8.2% ... Greensboro/WS 6.0% ... Greenville/SPG 8.6% ... Jacksonville 3.5% ... Nashville 6.2% ... Norfolk/VaBeach 4.2% ... Orlando 3.5% ... Raleigh/Durham 5.5% ... Richmond 6.0% ... Savannah 6.4% ... Tampa Bay 4.8% ... Wilmington 7.5%

Rental rates tracked by Real Data (rising ) or (declining) in last period ... Asheville $1,192 ... Charleston $1,315 ... Charlotte $1,243 ... Columbia $1,096 ... Greensboro/WS $937 ... Greenville/SPG $1,064 ... Jacksonville $1,100/font> ... Nashville $1,330 ... Norfolk/VaBeach $1,1127 ... Orlando $1,335/font> ... Raleigh/Durham $1,222 ... Richmond $1,160 ... Savannah $1,161 ... Tampa Bay $1,275 ... Wilmington $1,166
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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, Virginia, 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(12/2019) 7.1% $1,192 92(9) Find Apartments Research
    Charleston(3/2020) 9.7% $1,315 86(12) Find Apartments Research
    Charlotte(3/2020) 6.2% $1,243 94(5) Find Apartments Research
    Columbia(5/2020) 8.2% $1,096 92(8) Find Apartments Research
    Greensboro/WS (4/2020) 6.0% $937 91(10) Find Apartments Research
    Greenville/SPG (6/2020) 8.6% $1,064 80(15) Find Apartments Research
    Jacksonville(7/2019) 3.5% $1,100 95(4) Find Apartments Research
    Nashville (2/2020) 6.2% $1,330 93(6) Find Apartments Research
    Norfolk-Va.Beach (5/2020) 4.2% $1,127 91(11) Find Apartments Research
    Orlando (9/2019) 3.5% $1,335 98(1) Find Apartments Research
    Raleigh/
    Durham (2/2020)
    5.5% $1,222 97(2) Find Apartments Research
    Richmond (7/2020) 6.0% $1,160 85(14) Find Apartments Research
    Savannah (8/2019) 6.4% $1,161 92(7) Find Apartments Research
    TampaBay (11/2019) 4.8% $1,275 96(3) Find Apartments Research
    Wilmington(6/2020) 7.5% $1,166 86(13) 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 July 20, 2020

    Greenville-Spartanburg

    Vacancy rates have risen to 8.6% with rent growth slowing. Developers are active throughout the Upper State area with the most activity in the South and East submarket



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    North Carolina Report

    Wilmington

    Development activity remains at heightened levels with same-unit rents being virtually unchanged from a year ago.

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    South Carolina Report

    Columbia


    Supply and Demand are moving in step in Columbia and should keep occupancies in the 92% range for 2020.

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    Tennessee Report

    Nashville

    Although demand and rent-growth slowed, Nashville remains one of the most active development markets with nearly 27,000 units u/c or planned.

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    Virginia Report

    Richmond

    Vacancy rates have been on the rise as supply growth reaches historical highs with most development concentrated in the city core.

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