Multifamily construction pipeline is nearing completion
- 1,866 units will deliver in 2022
- Over the past two years, absorption has outpaced new construction deliveries
Charleston’s multifamily demand during 2019 sparked new multifamily construction. Over the past two years, there have been 7,026 units delivered with 9,042 units of absorption. The current occupancy rate is 94.15%, therefore, few units are available to rent.
Download the full report
For more information, including the market summary statistics, download the full research report.Download report