{"id":6677,"date":"2026-07-06T06:52:06","date_gmt":"2026-07-06T06:52:06","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=6677"},"modified":"2026-07-06T06:52:07","modified_gmt":"2026-07-06T06:52:07","slug":"raleigh-multifamily-market-report","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/raleigh-multifamily-market-report\/","title":{"rendered":"Raleigh Multifamily Market Report \u2013 June 2026"},"content":{"rendered":"<h2>Rents Recover Slightly, Occupancy Slides<\/h2>\n<p>The Raleigh\u2013Durham multifamily market showed signs of soften ing fundamentals going into the second quarter of 2026. The average advertised asking rent in Raleigh\u2013Durham was up a modest 0.1%, on a trailing three-month basis as of April, to $1,539. Meanwhile, the occupancy rate in stabilized properties stood at 93.1% as of March, marking a 70-basis-point decrease year-over-year. Raleigh\u2013Durham employment rose 1.6% in 2025, 100 basis points above the U.S. figure, as noted in the\u00a0<strong><a href=\"https:\/\/www.yardimatrix.com\/blog\/national-multifamily-market-report\/\">national multifamily report<\/a><\/strong>. Education and health services led gains, accounting for 8,000 of the 16,500 net positions added last year.<\/p>\n<p><iframe id=\"datawrapper-chart-IaLpK\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Raleigh - Durham vs. National Rent Growth\" src=\"https:\/\/datawrapper.dwcdn.net\/IaLpK\/1\/\" height=\"334\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Line chart\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">(function(){function e(){window.addEventListener(`message`,function(e){if(e.data[`datawrapper-height`]!==void 0){var t=document.querySelectorAll(`iframe`);for(var n in e.data[`datawrapper-height`])for(var r=0,i;i=t[r];r++)if(i.contentWindow===e.source){var a=e.data[`datawrapper-height`][n]+`px`;i.style.height=a}}})}e()})();<\/script><\/p>\n<p>The unemployment rate in Durham\u2013Chapel Hill was 3.4% as of February, according to preliminary data from the Bureau of Labor Statistics. Raleigh\u2013Cary performed slightly better, at 3.3%. Biopharmaceutical company AbbVie will launch a $1.4 billion manufacturing campus in Durham, N.C. Development of the 185-acre project will span the next four years, with construction to begin later in 2026 and full buildout slated for 2028.<\/p>\n<p><iframe id=\"datawrapper-chart-1ctnh\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Raleigh - Durham Employment Share by Sector\" src=\"https:\/\/datawrapper.dwcdn.net\/1ctnh\/1\/\" height=\"423\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">(function(){function e(){window.addEventListener(`message`,function(e){if(e.data[`datawrapper-height`]!==void 0){var t=document.querySelectorAll(`iframe`);for(var n in e.data[`datawrapper-height`])for(var r=0,i;i=t[r];r++)if(i.contentWindow===e.source){var a=e.data[`datawrapper-height`][n]+`px`;i.style.height=a}}})}e()})();<\/script><\/p>\n<p>Developers brought 2,157 units online this year through April, accounting for 1% of existing stock and closing 50 basis points above the national figure. Construction starts dwindled, marking a 47% decrease compared to the same period last year. Meanwhile, Raleigh\u2013Durham recorded $195 million in sales during the first four months of this year.<\/p>\n<p>Read the full Yardi Matrix Raleigh Multifamily Market Report: <strong><a href=\"https:\/\/www.yardimatrix.com\/Publications\/Download\/File\/8829-MatrixMultifamilyRaleighReport-June2026\">June 2026<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rents Recover Slightly, Occupancy Slides The Raleigh\u2013Durham multifamily market showed signs of soften ing fundamentals going into the second quarter of 2026. The average advertised asking rent in Raleigh\u2013Durham was up a modest 0.1%, on a trailing three-month basis as of April, to $1,539. Meanwhile, the occupancy rate in stabilized properties stood at 93.1% as [&hellip;]<\/p>\n","protected":false},"author":753,"featured_media":10560,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,5,4],"tags":[519,459],"class_list":["post-6677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metro-reports","category-multifamily-market","category-real-estate-trends","tag-multifamily-outlook-2026","tag-raleigh"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Raleigh Multifamily Market Report | Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"Get the latest Raleigh multifamily market report from Yardi Matrix to learn about market fundamentals and much more.\" \/>\n<meta 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