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Vacancy rates tracked by Real Data (improved) or (weakened) over the last period ... Asheville 4.9% ... Charleston 8.9% ... Charlotte 5.8% ... Columbia 8.3% ... Greensboro/WS 5.2% ... Greenville/SPG 8.1% ... Jacksonville 4.4% ... Nashville 6.6% ... Norfolk/VaBeach 5.5% ... Orlando 3.5% ... Raleigh/Durham 5.4% ... Richmond 5.4% ... Savannah 4.1% ... Tampa Bay 5.1% ... Wilmington 7.0%

Rental rates tracked by Real Data (rising ) or (declining) in last period ... Asheville $1,067 ... Charleston $1,159 ... Charlotte $1,115 ... Columbia $987 ... Greensboro/WS $832 ... Greenville/SPG $933 ... Jacksonville $986 ... Nashville $1,181 ... Norfolk/VaBeach $1,032 ... Orlando $1,202 ... Raleigh/Durham $1,101 ... Richmond $1,027 ... Savannah $1,018 ... Tampa Bay $1,130 ... Wilmington $1,023
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    Norfolk-Va.Beach-Newport News, VA

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    Apartment Community (Submarket)

    apartments APARTMENTS OF MERRIMAC (PENINSULA-HAMPTON-EAST)
    APARTMENTS OF MERRIMAC (PENINSULA-HAMPTON-EAST)
    APARTMENTS OF MERRIMAC (PENINSULA-HAMPTON-EAST)
    APARTMENTS OF MERRIMAC (PENINSULA-HAMPTON-EAST)
    BRIDGEPORT (PENINSULA-HAMPTON-EAST)
    CHURCH CREEK (PENINSULA-HAMPTON-EAST)
    CORDOBA (PENINSULA-HAMPTON-EAST)
    FOX HILL (PENINSULA-HAMPTON-EAST)
    FOXCROFT I (PENINSULA-HAMPTON-EAST)
    GOSNOLD MEWS (PENINSULA-HAMPTON-EAST)
    HAMPTON CREEK (PENINSULA-HAMPTON-EAST)
    HERITAGE AT SETTLERS LANDING (PENINSULA-HAMPTON-EAST)
    JOHNS CREEK (PENINSULA-HAMPTON-EAST)
    MILL CREEK LANDING (PENINSULA-HAMPTON-EAST)
    STAY-OVER (PENINSULA-HAMPTON-EAST)
    WILLOW OAKS (PENINSULA-HAMPTON-EAST)
    WILSONDALE (PENINSULA-HAMPTON-EAST)
    ADDISON AT HAMPTON (PENINSULA-HAMPTON-WEST)
    ARMISTEAD (PENINSULA-HAMPTON-WEST)
    BRIDGEWATER ON THE LAKE (PENINSULA-HAMPTON-WEST)
    BRITON TRACE (PENINSULA-HAMPTON-WEST)
    CAMBRIDGE (PENINSULA-HAMPTON-WEST)
    CHAPMAN AT PENINSULA TOWN CTR (PENINSULA-HAMPTON-WEST)
    COLONIAL VILLAGE AT TRADEWINDS (PENINSULA-HAMPTON-WEST)
    DERBY RUN (PENINSULA-HAMPTON-WEST)
    FALCON CREEK (PENINSULA-HAMPTON-WEST)
    GATEWAY (PENINSULA-HAMPTON-WEST)
    HEATHER LAKE (PENINSULA-HAMPTON-WEST)
    LAKE RIDGE (PENINSULA-HAMPTON-WEST)
    MONTICELLO AT TOWN CENTER (PENINSULA-HAMPTON-WEST)
    NEW HAMPTON COMMONS (PENINSULA-HAMPTON-WEST)
    NORTHAMPTON VILLAGE (PENINSULA-HAMPTON-WEST)
    TOWNSHIP IN HAMPTON WOODS (PENINSULA-HAMPTON-WEST)
    TRAIL CREEK (PENINSULA-HAMPTON-WEST)
    WATERFORD POINT (PENINSULA-HAMPTON-WEST)
    ABBINGTON LANDING I (PENINSULA-NEWPORT NEWS-CENTRAL)
    ABBINGTON LANDING II (PENINSULA-NEWPORT NEWS-CENTRAL)
    CHESAPEAKE BAY (PENINSULA-NEWPORT NEWS-CENTRAL)
    CHRISTOPHER NEWPORT (PENINSULA-NEWPORT NEWS-CENTRAL)
    DUTCH VILLAGE (PENINSULA-NEWPORT NEWS-CENTRAL)
    EARLE OF WARWICK SQUARE (PENINSULA-NEWPORT NEWS-CENTRAL)
    FOREST LAKE AT OYSTER PT (PENINSULA-NEWPORT NEWS-CENTRAL)
    FORREST LANDING (PENINSULA-NEWPORT NEWS-CENTRAL)
    HIDEN PLACE (PENINSULA-NEWPORT NEWS-CENTRAL)
    HIDENWOOD NORTH (PENINSULA-NEWPORT NEWS-CENTRAL)
    MARINERS GREEN (PENINSULA-NEWPORT NEWS-CENTRAL)
    MERIDIAN PARKSIDE (PENINSULA-NEWPORT NEWS-CENTRAL)
    PARK PLACE (PENINSULA-NEWPORT NEWS-CENTRAL)
    STYRON SQUARE (PENINSULA-NEWPORT NEWS-CENTRAL)
    WARWICK VILLAGE (PENINSULA-NEWPORT NEWS-CENTRAL)
    WAYPOINTE AT CITY CENTER (PENINSULA-NEWPORT NEWS-CENTRAL)
    WENDWOOD SQUARE I & II (PENINSULA-NEWPORT NEWS-CENTRAL)
    WESTOVER STATION (PENINSULA-NEWPORT NEWS-CENTRAL)
    WINSTON (PENINSULA-NEWPORT NEWS-CENTRAL)
    APEX AT ASHTON GREEN (PENINSULA-NEWPORT NEWS-NORTH)
    FEATHERSTONE (PENINSULA-NEWPORT NEWS-NORTH)
    KATE'S TRACE (PENINSULA-NEWPORT NEWS-NORTH)
    KINGS RIDGE (PENINSULA-NEWPORT NEWS-NORTH)
    MONARCH CROSSING (PENINSULA-NEWPORT NEWS-NORTH)
    RADIUS (PENINSULA-NEWPORT NEWS-NORTH)
    RIVER MEWS (PENINSULA-NEWPORT NEWS-NORTH)
    SEA PINES (NEWPORT NEWS) (PENINSULA-NEWPORT NEWS-NORTH)
    SPRING HOUSE (PENINSULA-NEWPORT NEWS-NORTH)
    ST. ANDREWS (PENINSULA-NEWPORT NEWS-NORTH)
    TOWNES AT JONES RUN (PENINSULA-NEWPORT NEWS-NORTH)
    VILLAGE AT STONEYBROOK (PENINSULA-NEWPORT NEWS-NORTH)
    VILLAGES OF STONEY RUN (PENINSULA-NEWPORT NEWS-NORTH)
    WATERMANS CROSSING (PENINSULA-NEWPORT NEWS-NORTH)
    WINDSOR CROSSING (PENINSULA-NEWPORT NEWS-NORTH)
    WOODS OF JEFFERSON (PENINSULA-NEWPORT NEWS-NORTH)
    WOODSCAPE (PENINSULA-NEWPORT NEWS-NORTH)
    YOUNGS MILL (PENINSULA-NEWPORT NEWS-NORTH)
    ADMIRAL POINTE (PENINSULA-NEWPORT NEWS-SOUTH)
    HUNTINGTON ON JAMES (PENINSULA-NEWPORT NEWS-SOUTH)
    RIVERLANDS (PENINSULA-NEWPORT NEWS-SOUTH)
    ST. JAMES TERRACE (PENINSULA-NEWPORT NEWS-SOUTH)
    COLONIAL PINES (PENINSULA-WILLIAMSBURG)
    COLONIAL TOWNE (PENINSULA-WILLIAMSBURG)
    CONWAY GARDENS (PENINSULA-WILLIAMSBURG)
    MONTICELLO AT POWHATAN (PENINSULA-WILLIAMSBURG)
    OLDE JAMESTOWNE (PENINSULA-WILLIAMSBURG)
    PARKWAY (PENINSULA-WILLIAMSBURG)
    SPOTSWOOD COMMONS (PENINSULA-WILLIAMSBURG)
    STEEPLECHASE ON THE LAKE (PENINSULA-WILLIAMSBURG)
    STERLING MANOR (PENINSULA-WILLIAMSBURG)
    STONEGATE (PENINSULA-WILLIAMSBURG)
    WOODS OF WILLIAMSBURG (PENINSULA-WILLIAMSBURG)
    BELMONT AT YORK (PENINSULA-YORK)
    CLAIRMONT (PENINSULA-YORK)
    DOMINION YORKSHIRE DOWNS (PENINSULA-YORK)
    PINES OF YORK (PENINSULA-YORK)
    WYTHE CREEK (PENINSULA-YORK)
    ADALAY BAY (SOUTHSIDE-CHESAPEAKE)
    ARBOR GLEN (SOUTHSIDE-CHESAPEAKE)
    BANBURY LAKE VILLAGE (SOUTHSIDE-CHESAPEAKE)
    BELMONT AT GREENBRIER (SOUTHSIDE-CHESAPEAKE)
    BIRCHES (SOUTHSIDE-CHESAPEAKE)
    BROOKFIELD (SOUTHSIDE-CHESAPEAKE)
    BROOKSIDE VILLAGE (SOUTHSIDE-CHESAPEAKE)
    CAMBRIDGE MANOR (SOUTHSIDE-CHESAPEAKE)
    CAMPOSTELLA COMMONS (SOUTHSIDE-CHESAPEAKE)
    CEDARS AT GREENBRIER (SOUTHSIDE-CHESAPEAKE)
    CHARTWELL (SOUTHSIDE-CHESAPEAKE)
    CROSSWINDS (SOUTHSIDE-CHESAPEAKE)
    DOMINION PINES (SOUTHSIDE-CHESAPEAKE)
    EASTWYCK VILLAGE (SOUTHSIDE-CHESAPEAKE)
    FOREST COVE (SOUTHSIDE-CHESAPEAKE)
    GOVERNOR'S POINTE (SOUTHSIDE-CHESAPEAKE)
    GREEN TREE (SOUTHSIDE-CHESAPEAKE)
    HUNTERS POINT (SOUTHSIDE-CHESAPEAKE)
    INDIAN RIVER (SOUTHSIDE-CHESAPEAKE)
    IVYSTONE (SOUTHSIDE-CHESAPEAKE)
    KINGSBRIDGE (SOUTHSIDE-CHESAPEAKE)
    LAKES OF GREENBRIER (SOUTHSIDE-CHESAPEAKE)
    LAKEVILLE (SOUTHSIDE-CHESAPEAKE)
    MAGNOLIA CHASE (SOUTHSIDE-CHESAPEAKE)
    MAGNOLIA RUN (SOUTHSIDE-CHESAPEAKE)
    MILL CREEK (SOUTHSIDE-CHESAPEAKE)
    MORGAN, THE (SOUTHSIDE-CHESAPEAKE)
    OAK GROVE (SOUTHSIDE-CHESAPEAKE)
    OXFORD TRACE (SOUTHSIDE-CHESAPEAKE)
    RIVERS, THE (SOUTHSIDE-CHESAPEAKE)
    TALLWOOD (SOUTHSIDE-CHESAPEAKE)
    TAPESTRY PARK (SOUTHSIDE-CHESAPEAKE)
    WILLOW OAKS (SOUTHSIDE-CHESAPEAKE)
    WOODBRIAR (SOUTHSIDE-CHESAPEAKE)
    WOODBRIDGE (SOUTHSIDE-CHESAPEAKE)
    201 TWENTY ONE (SOUTHSIDE-NORFOLK)
    ALEXANDER AT GHENT (SOUTHSIDE-NORFOLK)
    ANDOVER (SOUTHSIDE-NORFOLK)
    ARCHERS GREEN (SOUTHSIDE-NORFOLK)
    BELMONT AT FREEMASON (SOUTHSIDE-NORFOLK)
    BERKLEY SQUARE (SOUTHSIDE-NORFOLK)
    BONDALE (SOUTHSIDE-NORFOLK)
    BRITTANY PLACE (SOUTHSIDE-NORFOLK)
    BROAD CREEK RENAISSANCE (SOUTHSIDE-NORFOLK)
    COLONY POINT (SOUTHSIDE-NORFOLK)
    GATES OF WEST BAY (SOUTHSIDE-NORFOLK)
    GHENT VILLAGE (SOUTHSIDE-NORFOLK)
    HAGUE TOWERS (SOUTHSIDE-NORFOLK)
    HAMPTON CREEK (SOUTHSIDE-NORFOLK)
    HERITAGE AT FREEMASON HARBOUR (SOUTHSIDE-NORFOLK)
    JOHN KNOX TOWERS (SOUTHSIDE-NORFOLK)
    LARCHMONT (SOUTHSIDE-NORFOLK)
    LEXINGTON PARK (SOUTHSIDE-NORFOLK)
    MARINERS WATCH (SOUTHSIDE-NORFOLK)
    MERRIMACK LANDING (SOUTHSIDE-NORFOLK)
    MISSION COLLEGE (SOUTHSIDE-NORFOLK)
    MONTICELLO STATION (SOUTHSIDE-NORFOLK)
    NORTH SHORE GARDENS (SOUTHSIDE-NORFOLK)
    PARK TOWNE (SOUTHSIDE-NORFOLK)
    PEMBROKE TOWERS (SOUTHSIDE-NORFOLK)
    PINEWOOD GARDENS (SOUTHSIDE-NORFOLK)
    RIVER HOUSE (SOUTHSIDE-NORFOLK)
    RIVERPOINT (SOUTHSIDE-NORFOLK)
    RIVERVIEW LOFTS (SOUTHSIDE-NORFOLK)
    SOUTHWIND (SOUTHSIDE-NORFOLK)
    STERLING OAKS (SOUTHSIDE-NORFOLK)
    UNIVERSITY GARDENS (SOUTHSIDE-NORFOLK)
    WAINWRIGHT (SOUTHSIDE-NORFOLK)
    WOODMERE TRACE (SOUTHSIDE-NORFOLK)
    ARBOUR REACH (SOUTHSIDE-PORTSMOUTH)
    BILTMORE COMMONS (SOUTHSIDE-PORTSMOUTH)
    CEDAR CREEK (SOUTHSIDE-PORTSMOUTH)
    CHURCHLAND SQUARE (SOUTHSIDE-PORTSMOUTH)
    COLLEGE SQUARE (SOUTHSIDE-PORTSMOUTH)
    EDGEFIELD (SOUTHSIDE-PORTSMOUTH)
    HARBOR TOWER (SOUTHSIDE-PORTSMOUTH)
    HODGES MANOR (SOUTHSIDE-PORTSMOUTH)
    HODGES MANOR EAST (SOUTHSIDE-PORTSMOUTH)
    HODGES MANOR WEST (SOUTHSIDE-PORTSMOUTH)
    LAKE VILLAGE (SOUTHSIDE-PORTSMOUTH)
    STONEBRIDGE (SOUTHSIDE-PORTSMOUTH)
    TAYLOR POINTE (SOUTHSIDE-PORTSMOUTH)
    WELLINGTON AT WESTERN BRANCH (SOUTHSIDE-PORTSMOUTH)
    WESTWINDS (SOUTHSIDE-PORTSMOUTH)
    WHISPERING OAKS (SOUTHSIDE-PORTSMOUTH)
    BELLEVILLE HARBOUR (SOUTHSIDE-SUFFOLK)
    HARBOUR BREEZE (SOUTHSIDE-SUFFOLK)
    KINGS LANDING (SOUTHSIDE-SUFFOLK)
    SADLER POND (SOUTHSIDE-SUFFOLK)
    SUFFOLK STATION (SOUTHSIDE-SUFFOLK)
    ASHBROOK (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    ASPEN (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    AUBURN PLACE (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    BANYAN GROVE AT TOWNE SQUARE (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    BRENNEMAN FARM (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    CHASE ARBOR (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    COSMOPOLITAN (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    DOMINION WATERSIDE AT LYN (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    GREENLAKES (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    INDIAN LAKES (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    KINGS GRANT LANDING (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    KINGS ROW (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    LEGENDS AT THE BEACH I (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    LEGENDS AT THE BEACH II (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    PALMS AT MALIBU (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    PELICAN WATCH (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    PEMBROKE SQUARE (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    PLAZA (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    REFLECTIONS (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    RIVERWOOD VILLAGE (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    ROSE HALL (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    ROSEGATE (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    RUNAWAY BAY (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    SHORELINE (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    SOUTH LAKE (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    SUMMER STATION (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    THALIA GARDENS (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    THALIA LANDING (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    WATERFRONT (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    WILLOW LAKE (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    WINDSOR LAKE (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    WOODSHIRE (SOUTHSIDE-VIRGINIA BEACH-CENTRAL)
    ARBOR TRACE (SOUTHSIDE-VIRGINIA BEACH-EAST)
    BARBERTON (SOUTHSIDE-VIRGINIA BEACH-EAST)
    BIRDNECK VILLAGE (SOUTHSIDE-VIRGINIA BEACH-EAST)
    CHAPEL LAKE (SOUTHSIDE-VIRGINIA BEACH-EAST)
    COLONIAL ARMS (SOUTHSIDE-VIRGINIA BEACH-EAST)
    CROSSINGS AT REDMILL (SOUTHSIDE-VIRGINIA BEACH-EAST)
    DAM NECK SQUARE (SOUTHSIDE-VIRGINIA BEACH-EAST)
    EASTWIND (SOUTHSIDE-VIRGINIA BEACH-EAST)
    HARPERS SQUARE (SOUTHSIDE-VIRGINIA BEACH-EAST)
    HILLTOP SOUTH (SOUTHSIDE-VIRGINIA BEACH-EAST)
    LATITUDES (SOUTHSIDE-VIRGINIA BEACH-EAST)
    LAUREL COURT (SOUTHSIDE-VIRGINIA BEACH-EAST)
    LINKHORN BAY (SOUTHSIDE-VIRGINIA BEACH-EAST)
    MAPLE BAY (SOUTHSIDE-VIRGINIA BEACH-EAST)
    MARINA SHORES (SOUTHSIDE-VIRGINIA BEACH-EAST)
    OCEAN GATE (SOUTHSIDE-VIRGINIA BEACH-EAST)
    PIPERS LANDING (SOUTHSIDE-VIRGINIA BEACH-EAST)
    SALTMEADOW BAY (SOUTHSIDE-VIRGINIA BEACH-EAST)
    SEA PINES (VA. BEACH) (SOUTHSIDE-VIRGINIA BEACH-EAST)
    SOUTH BEACH (SOUTHSIDE-VIRGINIA BEACH-EAST)
    THOUSAND OAKS (SOUTHSIDE-VIRGINIA BEACH-EAST)
    WOODBERRY FOREST (SOUTHSIDE-VIRGINIA BEACH-EAST)
    COLLEGE SQUARE (SOUTHSIDE-VIRGINIA BEACH-WEST)
    GREENWICH VILLAGE (SOUTHSIDE-VIRGINIA BEACH-WEST)
    HUNTERS MILL (SOUTHSIDE-VIRGINIA BEACH-WEST)
    LAKE BRADFORD (SOUTHSIDE-VIRGINIA BEACH-WEST)
    MARINERS COVE (SOUTHSIDE-VIRGINIA BEACH-WEST)
    NORTH BEACH (SOUTHSIDE-VIRGINIA BEACH-WEST)
    PEMBROKE CROSSING (SOUTHSIDE-VIRGINIA BEACH-WEST)
    PEMBROKE LAKE (SOUTHSIDE-VIRGINIA BEACH-WEST)
    ST. CROIX (SOUTHSIDE-VIRGINIA BEACH-WEST)
    VANTAGE (SOUTHSIDE-VIRGINIA BEACH-WEST)
    WATERFORD (SOUTHSIDE-VIRGINIA BEACH-WEST)
    WAYPOINT AT BAYVILLE (SOUTHSIDE-VIRGINIA BEACH-WEST)
    WEBLIN PLACE (SOUTHSIDE-VIRGINIA BEACH-WEST)
    WESLEYAN COURTS (SOUTHSIDE-VIRGINIA BEACH-WEST)

     

    Updated June 20, 2013


    Greensboro/Winston Salem

    The Greensboro/ Winston Salem apartment market saw strong rent growth over the past six months bringing the average rental rate up to $832 per month.



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    Charlotte

    Strong demand for new units keeps Charlotte's vacancy rate at a low 5.8% despite new construction.

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    Charleston

    Demand for apartments rebounded in Charleston since the spring, however, new supply kept the vacancy rate at 8.9%.

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    Orlando

    Strong demand has kept the Orlando vacncy rate below 4% for the past eighteen months.

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    Richmond

    The average monthly rent has surpassed the $1,000 mark for the first time at $1,027 per month.

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