A combination of normalizing apartment demand and a surge in new supply has flattened annual rent growth in Charleston. Despite falling to their lowest level in more than a decade, average apartment rents in Charleston are still holding up better than other supply-heavy Sun Belt markets.
Surge in Apartment Supply Leads to Slower Rent Growth in Charleston
Average Rent Growth in Coastal South Carolina Market Still Outpacing Regional Peers
CoStar Analytics
April 16, 2024 | 7:45 P.M.
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