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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(12/2016) |
4.9% |
$1,067 |
102 (1) |
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| Charleston(3/2017) |
8.8% |
$1,123 |
86 (15) |
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| Charlotte(3/2017) |
6.1% |
$1,082 |
95(7)
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| Columbia(5/2017) |
8.3% |
$987 |
91 (13)
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| Greensboro/WS (4/2017) |
6.0% |
$794 |
95 (9) |
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| Greenville/SPG
(12/2016) |
7.9% |
$905 |
92(10)
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| Jacksonville(1/2017)
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5.1% |
$954 |
96(5)
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| Nashville
(2/2017) |
7.6% |
$1,135 |
91(11)
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| Norfolk-Va.Beach
(11/2016) |
5.7% |
$1,010 |
91(11)
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| Orlando
(3/2017) |
3.8% |
$1,146 |
99(2)
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Raleigh/
Durham (2/2017) |
6.1% |
$1,055 |
97(4)
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| Richmond
(1/2017) |
6.5% |
$987 |
89 (14)
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| Savannah
(8/2016) |
5.0% |
$971 |
96 (6)
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| Tampa
Bay (5/2017) |
5.1% |
$1,130 |
98(3)
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| Wilmington(6/2016)
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4.6% |
$954 |
95 (8)
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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
May 18, 2017
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Tampa
The Tampa region saw strong demand over the past six months with more than 2,500 units absorbed into the market.
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Greensboro/Winston Salem
The average monthly rent for the Triad region stands at $794 per month.
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Columbia
The development pipeline continues at a brisk pace with nearly 800 new starts in the past six months.
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Orlando
Orlando continues to see strong market conditions with a vacancy rate at 3.8%.
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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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