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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(8)
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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
(6/2017) |
8.1% |
$933 |
90(14)
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| Jacksonville(7/2017)
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4.4% |
$986 |
97(6)
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| Nashville
(2/2017) |
7.6% |
$1,135 |
91(11)
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| Norfolk-Va.Beach
(5/2017) |
5.5% |
$1,032 |
91(11)
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| Orlando
(3/2017) |
3.8% |
$1,146 |
101(2)
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Raleigh/
Durham (2/2017) |
6.1% |
$1,055 |
97(5)
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| Richmond
(7/2017) |
5.4% |
$1,027 |
93(10)
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| Savannah
(8/2016) |
5.0% |
$971 |
96 (7)
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| Tampa
Bay (5/2017) |
5.1% |
$1,130 |
98(4)
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| Wilmington(6/2017)
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7.0% |
$1,023 |
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
July 17, 2017
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Richmond
The average monthly rent in Richmond has surpassed the $1,000 mark for the first time at $1,027 per month.
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Wilmington
The average monthly rent in Wilmington has surpassed the $1,000 for the first time at $1,023 per month.
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Greenville/Spartanburg
Two communities started construction in the Greenville/Spartanburg region in the past six months.
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Jacksonville
The Jacksonville region saw strong demand over the past six months with more than 1,200 units absorbed into the market.
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Norfolk/Virginia Beach
The Norfolk/Virginia Beach area saw strong rent growth over the past six months pushing the average monthly rent up to $1,032 per month.
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