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Vacancy rates tracked by Real Data (improved) or (weakened) over the last period ... Asheville 6.9% ... Charleston 5.6% ... Charlotte 5.9% ... Columbia 9.0% ... Greensboro/WS 5.6% ... Greenville/SPG 6.7% ... Jacksonville 4.5% ... Nashville 5.7% ... 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 $1,029 ... Charleston $1,113 ... Charlotte $1,052 ... Columbia $953 ... Greensboro/WS $796 ... Greenville/SPG $899 ... Jacksonville $940 ... Nashville $1,110 ... Norfolk/VaBeach $1,010 ... Orlando $1,143 ... Raleigh/Durham $1,064 ... 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(12/2015) 6.9% $1,029 101 (1) Find Apartments Research
    Charleston(9/2016) 5.6% $1,113 93 (12) Find Apartments Research
    Charlotte(9/2016) 5.9% $1,052 97(7) Find Apartments Research
    Columbia(11/2016) 9.0% $953 93 (11) Find Apartments Research
    Greensboro/WS (10/2016) 5.6% $796 97 (6) Find Apartments Research
    Greenville/SPG (6/2016) 6.7% $899 94(10) Find Apartments Research
    Jacksonville(7/2016) 4.5% $940 100 (2) Find Apartments Research
    Nashville (8/2016) 5.7% $1,110 93(12) Find Apartments Research
    Norfolk-Va.Beach (11/2016) 5.7% $1,010 91(14) Find Apartments Research
    Orlando (9/2016) 3.6% $1,143 98(4) Find Apartments Research
    Raleigh/
    Durham (8/2016)
    6.1% $1,064 98(5) Find Apartments Research
    Richmond (7/2016) 6.0% $988 91 (15) Find Apartments Research
    Savannah (8/2016) 5.0% $971 96 (8) Find Apartments Research
    Tampa Bay (11/2016) 4.7% $1,097 98(13) Find Apartments Research
    Wilmington(6/2016) 4.6% $954 95 (9) 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 December 5, 2016

    Norfolk/Virginia Beach

    Demand for apartments remains strong in the Norfolk/Virginia Beach/Newport News metro with more than 2,100 units absorbed in the past year.



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    Greensboro/Winston Salem

    The triad reported record demand over the past six months absorbing more than 2,200 units.

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    Columbia

    New completions were at a nine year high in Columbia with 1,325 new units added to the supply.

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    Tampa

    The average rent for the Tampa metro is now $1,097 per month.

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    Richmond

    The Richmond area experienced strong rent growth over the past six months rising 3% since January.

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