Q2 2025 Multi-Family Market Report

Charleston’s multifamily market is at a turning point. After years of new supply outpacing demand, the Q2 2025 Multi-Family Market Report reveals that absorption has finally caught up. With 1,389 units leased in the past 12 months and virtually no new deliveries on the horizon, vacancy is tightening—setting the stage for potential rent growth across the metro. Current average rents sit at $1,764 per unit, but highly sought-after submarkets like Downtown Charleston and Mount Pleasant are already outperforming the metro average.

Investors and stakeholders will want to see what’s next. From the shifting dynamics between cap rates and interest rates to submarket rent trends and vacancy levels, this report highlights where opportunities and risks lie in today’s evolving market. Whether you’re evaluating acquisitions, monitoring rental trends, or positioning assets for growth, this is an essential read for anyone invested in Charleston’s multifamily sector. Click here to access the full Q2 2025 Multi-Family Market Report and dive into the data shaping tomorrow’s opportunities.