Greensboro/Winston Salem Apartment Vacancy at 6.9%


greensboro apt chartThe average vacancy rate for apartments in the Triad is now 6.9%, according to the latest report published by Real Data.

The development pipeline remains active with more than 3,000 units under construction throughout the region and another 2,000 units proposed. Downtown Greensboro is the most active submarket, having more than 500 units currently under construction.

Apartments in the Triad now rent for $741 per month on average. The Guilford-Central submarket, which includes downtown Greensboro, has the highest average rent at $995 per month.

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