Raleigh – Durham is the 30th largest multifamily market with 168,268 completed units and 99,552 units in development,12,627 of which have already broken ground, as of December 2021.
Raleigh-Durham Multifamily Market Summary – December 2021
New lease asking rents are at $1,493, up 19.1%▲
from the previous year placing Raleigh – Durham
at 11th overall in year-over-year rent growth.
