Population growth will boost Greenville-Spartanburg’s occupancy rate
Key Takeaways
- 2,978 units will deliver in 2022
- Monthly asking rental rates increased 9.6% year-over-year for new leases
Occupancy rates within Greenville-Spartanburg multifamily properties have fluctuated over the last two years ending 2021 at 93.3%. The average monthly asking rent was approximately $1,048 a 9.6 % increase year-over-year. There were 1,045 new deliveries during the fourth quarter of 2021 and 3,838 units under construction.
Download the full report
For more information, including the market summary statistics, download the full research report.
Download report