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Vacancy rates tracked by Real Data (improved) or (weakened) over the last period ... Asheville 4.9% ... Charleston 5.6% ... Charlotte 5.9% ... Columbia 9.0% ... Greensboro/WS 5.6% ... Greenville/SPG 7.9% ... Jacksonville 5.1% ... Nashville 7.6% ... Norfolk/VaBeach 5.7% ... Orlando 3.6% ... Raleigh/Durham 6.1% ... Richmond 6.0% ... Savannah 5.0% ... Tampa Bay 4.7% ... Wilmington 4.6%

Rental rates tracked by Real Data (rising ) or (declining) in last period ... Asheville $1,067 ... Charleston $1,113 ... Charlotte $1,052 ... Columbia $953 ... Greensboro/WS $796 ... Greenville/SPG $905 ... Jacksonville $954 ... Nashville $1,135 ... Norfolk/VaBeach $1,010 ... Orlando $1,143 ... Raleigh/Durham $1,055 ... Richmond $988 ... Savannah $971 ... Tampa Bay $1,097 ... Wilmington $954
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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(9/2016) 5.6% $1,113 93 (10) Find Apartments Research
    Charlotte(9/2016) 5.9% $1,052 97(4) Find Apartments Research
    Columbia(11/2016) 9.0% $953 93 (9) Find Apartments Research
    Greensboro/WS (10/2016) 5.6% $796 91 (14) Find Apartments Research
    Greenville/SPG (12/2016) 7.9% $905 92(12) Find Apartments Research
    Jacksonville(1/2017) 5.1% $954 96(5) Find Apartments Research
    Nashville (2/2017) 7.6% $1,135 93(10) Find Apartments Research
    Norfolk-Va.Beach (11/2016) 5.7% $1,010 91(13) Find Apartments Research
    Orlando (9/2016) 3.6% $1,143 101(2) Find Apartments Research
    Raleigh/
    Durham (2/2017)
    6.1% $1,055 98(3) Find Apartments Research
    Richmond (1/2017) 6.5% $987 89 (15) Find Apartments Research
    Savannah (8/2016) 5.0% $971 96 (6) Find Apartments Research
    Tampa Bay (11/2016) 4.7% $1,097 96(7) Find Apartments Research
    Wilmington(6/2016) 4.6% $954 95 (8) 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 February 24, 2017

    Nashville

    Demand is unable to keep pace with new supply in Nashville causing the vacancy rate to spike to its surrent rate of 7.6%.



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    Raleigh

    The Raleigh/Durham metro has one of the most active pipelines in the Southeast with nearly 4,400 apartments added in the past year.

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    Greenville/Spartanburg

    Developers have added more than 2,200 units to the Greenville metro apartment supply in the past year.

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    Jacksonville

    Development is on the rise as new construction starts nearly doubled in the past six months.

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    Richmond

    Demand weakened in Richmond over the past six months resulting in a vacancy rate at 6.5%.

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