Q1 2026 Multi-Family Market Report

The Charleston multifamily market remains stable as it transitions into a more balanced phase following several years of rapid growth. Higher interest rates and moderating rent growth have led to more conservative underwriting and pricing adjustments, while strong population growth and a diversified economy continue to support long-term housing demand.

Market fundamentals remain healthy, with vacancy rates around 9.2% and steady absorption levels supporting occupancy across the region. Demand for Class B and C properties remains strong as renters continue prioritizing affordability and value.

Despite ongoing financing challenges, Charleston continues to benefit from major economic and infrastructure investments that reinforce its position as one of the Southeast’s strongest multifamily markets. Click here to access the full Q1 2026 Multi-Family Market Report and explore the trends shaping the market.