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Vacancy rates tracked by Real Data (improved) or (weakened) over the last period ... Asheville 6.1% ... Charleston 10.1% ... Charlotte 6.0% ... Columbia 8.6% ... Greensboro/WS 5.5% ... Greenville/SPG 7.4% ... Jacksonville 3.6% ... Nashville 5.9% ... Norfolk/VaBeach 4.6% ... Orlando 3.4% ... Raleigh/Durham 5.6% ... Richmond 4.6% ... Savannah 6.2% ... Tampa Bay 4.0% ... Wilmington 7.0%

Rental rates tracked by Real Data (rising ) or (declining) in last period ... Asheville $1,125 ... Charleston $1,242 ... Charlotte $1,175 ... Columbia $1,015 ... Greensboro/WS $842 ... Greenville/SPG $971 ... Jacksonville $1,060 ... Nashville $1,242 ... Norfolk/VaBeach $1,064 ... Orlando $1,300/font> ... Raleigh/Durham $1,153 ... Richmond $1,089 ... Savannah $1,102 ... Tampa Bay $1,179 ... Wilmington $1,076
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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(12/2017) 6.1% $1,125 88 (13) Find Apartments Research
    Charleston(9/2018) 10.1% $1,242 81 (15) Find Apartments Research
    Charlotte(9/2018) 6.0% $1,175 97(4) Find Apartments Research
    Columbia(5/2018) 8.6% $1,015 85(14) Find Apartments Research
    Greensboro/WS (4/2018) 5.5% $842 95(8) Find Apartments Research
    Greenville/SPG (6/2018) 7.4% $971 93(10) Find Apartments Research
    Jacksonville(7/2018) 3.6% $1,060 99(2) Find Apartments Research
    Nashville (8/2018) 5.9% $1,242 98(3) Find Apartments Research
    Norfolk-Va.Beach (5/2018) 4.6% $1,064 95(9) Find Apartments Research
    Orlando (9/2018) 3.4% $1,300 102(1) Find Apartments Research
    Raleigh/
    Durham (8/2018)
    5.6% $1,153 96(6) Find Apartments Research
    Richmond (7/2018) 4.6% $1,089 92(12) Find Apartments Research
    Savannah (8/2018) 6.2% $1,102 92(11) Find Apartments Research
    Tampa Bay (5/2018) 4.0% $1,179 96(5) Find Apartments Research
    Wilmington(6/2018) 7.0% $1,076 96(7) 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 29, 2018

    Charleston

    Demand kept pace with the new supply over the past six months allowing the vacancy rate to improve.



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    Charlotte

    Charlotte saw record high demand for apartments over the past six months with more than 6,000 units absorbed into the market.

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    Greenville/Spartanburg

    The vacancy rate in Greenville/ Spartanburg improved to 7.4%.

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    Orlando

    The overall Orlando occupancy rate has remained above 96% for more than two years.

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    Richmond

    The Richmond market posted strong rent growth over the past six months bringing the average rent up to $1,089 per month.

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