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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.
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| Asheville(12/2018) |
8.2% |
$1,177 |
96 (7) |
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| Charleston(9/2018) |
10.1% |
$1,242 |
88 (14) |
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| Charlotte(9/2018) |
6.0% |
$1,175 |
97(5)
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| Columbia(11/2018) |
8.2% |
$1,021 |
87(15)
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| Greensboro/WS (10/2018) |
4.0% |
$876 |
96(8) |
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| Greenville/SPG
(12/2018) |
6.1% |
$991 |
92(13)
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| Jacksonville(1/2019)
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3.8% |
$1,072 |
98(2)
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| Nashville
(8/2018) |
5.9% |
$1,242 |
98(3)
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| Norfolk-Va.Beach
(11/2018) |
3.8% |
$1,079 |
97(4)
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| Orlando
(9/2018) |
3.4% |
$1,300 |
102(1)
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Raleigh/
Durham (8/2018) |
5.6% |
$1,153 |
96(9)
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| Richmond
(1/2019) |
4.4% |
$1,093 |
95(11)
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| Savannah
(8/2018) |
6.2% |
$1,102 |
92(12)
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| Tampa
Bay (11/2018) |
3.9% |
$1,220 |
97(6)
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| Wilmington(6/2018)
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7.0% |
$1,076 |
96(10)
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| 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.
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Updated
January 19, 2019
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Richmond
Developers are targeting Richmond with apartment construction at an all-time high.
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Asheville
Asheville added a record 1,500+ new units to the apartment supply in the past year.
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Jacksonville
New construction starts are at an all-time high in Jacksonville.
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Tampa
Strong demand in the Tampa region allowed the vacancy rate to reach a low 3.9%.
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Norfolk/Virginia Beach
The Norfolk/Virginia Beach region recorded its strongest demand in four years allowing the vacancy rate to reach 3.8%.
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