Real Data: Piedmont Triad Seeing Lower Vacancy, Rent Growth

November 14, 2013 at 2:13 pm Leave a comment

Real Data’s latest report shows that things are pretty good in the Piedmont Triad apartment market. Here are the major numbers compared to the same point last year:

Average Rent per Square Foot: $0.752, up 2.3% from $0.735 in 2012

Vacancy: 7.3%, down from 8.7% in 2012

Units Under Construction: 1,105, up 6.25% from 1,040 in 2012

Units Proposed: 3,458, up 36% from 2,539 in 2012

You can order a full report here.

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Entry filed under: Benchmarks, Piedmont Triad Apartment Market, Rent Rate, Vacancy Rate. Tags: , , , , , .

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