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Vacancy rates tracked by Real Data (improved) or (weakened) over the last period ... Asheville 4.9% ... Charleston 8.9% ... Charlotte 5.8% ... Columbia 8.3% ... Greensboro/WS 5.2% ... Greenville/SPG 8.1% ... Jacksonville 4.4% ... Nashville 6.6% ... Norfolk/VaBeach 5.5% ... Orlando 3.5% ... Raleigh/Durham 5.4% ... Richmond 5.4% ... Savannah 4.1% ... Tampa Bay 5.1% ... Wilmington 7.0%

Rental rates tracked by Real Data (rising ) or (declining) in last period ... Asheville $1,067 ... Charleston $1,159 ... Charlotte $1,115 ... Columbia $987 ... Greensboro/WS $832 ... Greenville/SPG $933 ... Jacksonville $986 ... Nashville $1,181 ... Norfolk/VaBeach $1,032 ... Orlando $1,202 ... Raleigh/Durham $1,101 ... Richmond $1,027 ... Savannah $1,018 ... Tampa Bay $1,130 ... Wilmington $1,023
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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(12/2016) 4.9% $1,067 102 (1) Find Apartments Research
    Charleston(9/2017) 8.9% $1,159 87 (15) Find Apartments Research
    Charlotte(9/2017) 5.8% $1,1115 95(10) Find Apartments Research
    Columbia(5/2017) 8.3% $987 91 (12) Find Apartments Research
    Greensboro/WS (10/2017) 5.2% $832 96(8) Find Apartments Research
    Greenville/SPG (6/2017) 8.1% $933 90(14) Find Apartments Research
    Jacksonville(7/2017) 4.4% $986 97(5) Find Apartments Research
    Nashville (8/2017) 6.6% $1,181 91(12) Find Apartments Research
    Norfolk-Va.Beach (5/2017) 5.5% $1,032 95(9) Find Apartments Research
    Orlando (9/2017) 3.5% $1,202 98(4) Find Apartments Research
    Raleigh/
    Durham (8/2017)
    5.4% $1,101 96(7) Find Apartments Research
    Richmond (7/2017) 5.4% $1,027 93(11) Find Apartments Research
    Savannah (8/2017) 4.1% $1,018 96 (6) Find Apartments Research
    Tampa Bay (5/2017) 5.1% $1,130 98(3) Find Apartments Research
    Wilmington(6/2017) 7.0% $1,023 99(2) 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 October 20, 2017

    Greensboro/Winston Salem

    The Greensboro/ Winston Salem apartment market saw strong rent growth over the past six months bringing the average rental rate up to $832 per month.



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    Charlotte

    Strong demand for new units keeps Charlotte's vacancy rate at a low 5.8% despite new construction.

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    Charleston

    Demand for apartments rebounded in Charleston since the spring, however, new supply kept the vacancy rate at 8.9%.

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    Orlando

    Strong demand has kept the Orlando vacncy rate below 4% for the past eighteen months.

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    Richmond

    The average monthly rent has surpassed the $1,000 mark for the first time at $1,027 per month.

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