Greenville

Greenville has been seeing a rent growth of 7.1% during the first quarter of 2023, with a 7.5% increase over the past three years. The sales volume in Greenville has averaged $90.0 million over the past five years, with $203 million last year. Class A apartments led the charge with $119 million in closed transactions over the previous year.

The Cap rate is at 6.0% in Greenville, 1.1% higher than the national average. The jobs growth rate in Greenville has 0.6% in 2022, about 520 jobs. The annual high-end of job growth for this market is 4.2%