Louisville
Louisville at a glance ~$1,218–1,250 Average Rent per Unit +0.7% to +2.5% (moderated from a 2024 national-leading pace) Rent Growth ~5.8%–8.9% Overall Vacancy 669 units sold (Q1 2026) Multifamily Deal Activity ~2,644–4,447 units Units Under Construction Market Overview Louisville held the top spot in Yardi Matrix’s national rent growth rankings in four of twelve months […]
Oklahoma City
Oklahoma City at a glance ~$1,060–1,238 Average Rent per Unit +2.0% to +3.5% (region) / –0.7% (OKC, Q4 2025) Rent Growth ~4.8%–5.2% Overall Vacancy Median $60,700/unit — lowest in this series Multifamily Deal Activity 300 units (Q1 2026, –60%+ permits vs. 2024) Units Under Construction Market Overview Oklahoma City posted vacancy of just 4.8% in […]
Tulsa
Tulsa City at a glance ~$1,065 (median) / $1,400–1,595 (premium submarkets) Average Rent per Unit +2.0% to +3.5% (regional) Rent Growth ~4.6%–5.1% Overall Vacancy Equal share of regional sales despite 41% of inventory Multifamily Deal Activity Sharply contracting regionally Units Under Construction Market Overview Tulsa’s multifamily vacancy stood at approximately 4.6% in Q1 2026, tighter […]
Columbia
Columbia’s multifamily sector has experienced stable demand even as increased supply pushed vacancy above its historic
average.
Savannah
Savannah at a glance ~$1,710–1,733 Average Rent per Unit +0.3% (2024) Rent Growth ~5.2%–8.1% Overall Vacancy ~$436M (recent 12mo, unverified) Multifamily Deal Activity Muted, thinning pipeline Units Under Construction Market Overview Savannah is navigating what one source describes as the highest apartment delivery intensity in the Southeast, yet it continues to post nation-leading absorption rates. […]
San Antonio
Population growth and relative affordability continue to support long-term housing demand, while elevated supply warrants greater submarket selectivity.
Richmond
Richmond at a glance ~$1,619–1,625 Average Rent per Unit +3.6% YoY Rent Growth ~7.2%–9.5% Overall Vacancy ~$1.6B (2025) Multifamily Deal Activity ~5,200–8,844 units Units Under Construction Market Overview Richmond delivered 6,089 new units in 2025 — the second-highest annual total in the past decade and a 39% increase from 2024 — yet still posted year-over-year […]
Norfolk/Virginia Beach
Rate-resistant naval demand and a near-zero construction pipeline ($0.5\%$ of inventory) combine to drive top-three national rent growth.
Mobile
Aerospace manufacturing, naval shipbuilding, and deep-water port infrastructure drive industrial growth.
Miami
Strong trailing job gains (+32.3k) and low 3.0% unemployment maintain Miami’s momentum despite a projected 2026 hiring deceleration.