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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(12/2017) |
6.1% |
$1,125 |
88 (13) |
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| Charleston(3/2018) |
11.3% |
$1,170 |
81 (15) |
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| Charlotte(3/2018) |
6.9% |
$1,142 |
91(12)
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| Columbia(5/2018) |
8.6% |
$1,015 |
85(14)
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| Greensboro/WS (4/2018) |
5.5% |
$842 |
95(8) |
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| Greenville/SPG
(6/2018) |
7.4% |
$971 |
93(11)
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| Jacksonville(1/2018)
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4.3% |
$1,003 |
99(2)
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| Nashville
(2/2018) |
7.7% |
$1,190 |
93(9)
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| Norfolk-Va.Beach
(5/2018) |
4.6% |
$1,064 |
95(9)
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| Orlando
(3/2018) |
3.2% |
$1,235 |
101(1)
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Raleigh/
Durham (2/2018) |
6.0% |
$1,112 |
97(5)
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| Richmond
(1/2018) |
4.6% |
$1,044 |
98(4)
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| Savannah
(8/2017) |
4.1% |
$1,018 |
96(7)
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| Tampa
Bay (5/2018) |
4.0% |
$1,179 |
96(6)
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| Wilmington(6/2018)
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7.0% |
$1,076 |
99(3)
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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
June 21, 2018
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Wilmington
Developers target the Wilmington region with more than 2,500 units in the pipeline.
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Greensboro/Winston Salem
Greensboro/Winston Salem reported rent growth at 4.2% over the past year.
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Greenville/Spartanburg
The vacancy rate in Greenville/ Spartanburg improved to 7.4% over the past six months.
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Tampa
New development ticked up in Tampa with roughly 2,700 units starting construction in the past six months.
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Norfolk/Virginia Beach
Demand outpaces new supply in Norfolk/ Virginia Beach with roughly 1,400 units absorbed into the market.
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