Skip to main content Skip to footer

2021 Q2 Multifamily Columbia Report

Download Report

Multifamily growth is modest

Key Takeaways

  • 477 units were completed over the past year
  • 319 units will deliver in 2022
  • Rental rates continue to increase quarter-over-quarter

Over the past year, there have been 477 units completed. Annual inventory growth averaged 1.3% over the past five years. Most of the construction was concentrated within the Central and East submarkets. Due to affordable single-tenant housing, growth is expected to be slower through year-end with only 319 units currently under construction. Rental rates have increased by over 10% in the past year and will likely increase with ongoing steady demand. 


Download pdf

Download the full report

For more information, including the market summary statistics, download the full research report.

Download report


2021 Q2 Multifamily Columbia Report

Download Report
Related Experts

David Lockwood

Executive Vice President and COO | South Carolina


I have a great appreciation for business competition and enjoy helping our team members win. This has been relevant in my career in brokerage activities with our clients and now with my approach to management. I enjoy seeing the success of people within Colliers who apply a strong work ethic and persevere to win assignments. I possess a strong passion for helping our clients achieve their goals whether it is in leasing space or determining solutions to complicated real estate matters. 

I have the great honor or currently serving as the President-Elect of SIOR Global - Society of Industrial and Office REALTORS®. I will become President of this worldwide organization in the fall of 2023.

View expert