{"id":9937,"date":"2025-09-05T07:07:00","date_gmt":"2025-09-05T07:07:00","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=9937"},"modified":"2026-02-11T07:19:50","modified_gmt":"2026-02-11T07:19:50","slug":"charlotte-multifamily-market-report-august-2025","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/charlotte-multifamily-market-report-august-2025\/","title":{"rendered":"Charlotte Multifamily Market Report \u2013 August 2025"},"content":{"rendered":"\n<p class=\"has-normal-font-size\">Read the latest Yardi Matrix <a href=\"\/blog\/charlotte-multifamily-market-report\/\"><strong>Charlotte Multifamily Market Report<\/strong><\/a>.<\/p>\n\n\n<hr \/>\n<h2>A Balanced Second-Quarter Performance<\/h2>\n<p>Charlotte\u2019s average advertised asking rents were up 0.1% on a trailing three-month basis through June, to an average of $1,594, according to the latest Yardi Matrix Charlotte multifamily market report. The rate was 10 basis points below the national figure, which clocked in at $1,749. Charlotte\u2019s rate had been slowly improving after the contractions recorded in 2024\u2019s last quarter. Meanwhile, outstanding supply growth pressured occupancy, which stood at 93.8% in May and was below the nation\u2019s 94.6% average, as reported in the <a href=\"\/blog\/national-multifamily-market-report\/\" rel=\"\"><strong>U.S. multifamily market outlook<\/strong><\/a>.<\/p>\n<p><iframe id=\"datawrapper-chart-gY0k6\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Charlotte vs. National Rent Growth\" src=\"https:\/\/datawrapper.dwcdn.net\/gY0k6\/1\/\" height=\"329\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Line chart\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}})}();<br \/>\n<\/script><\/p>\n<p>Employment growth was 1.6% year-over-year through April, 80 basis points above the national rate. Charlotte added 30,400 net jobs over the 12-month period ending in April. Professional and business services led gains with 10,500 positions added to the workforce. The area\u2019s unemployment clocked in at 3.6% as of May, 60 basis points below the national rate, according to preliminary data from the Bureau of Labor Statistics. Developers completed the first of three phases of The Pearl Innovation District. The $1.5 billion project is a public-private partnership set to encompass 4.2 million square feet upon completion. The district is slated to create more than 5,500 on-site jobs over the next 15 years.<\/p>\n<p><iframe id=\"datawrapper-chart-1COvQ\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Charlotte Employment Share by Sector\" src=\"https:\/\/datawrapper.dwcdn.net\/1COvQ\/1\/\" height=\"417\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}})}();<br \/>\n<\/script><\/p>\n<p>In the first half of 2025, Charlotte developers brought 8,337 units online, representing 3.5% of existing stock and 210 basis points above the national figure. Yardi Matrix expects 18,000 units to come online this year, which would make it the best-performing year since at least 2017.<\/p>\n<p>Read the full Yardi Matrix Charlotte Multifamily Market Report: <a href=\"https:\/\/www.yardimatrix.com\/Publications\/Download\/File\/7783-MatrixMultifamilyCharlotteReport-August2025\"><strong>August 2025<\/strong><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>A Balanced Second-Quarter Performance Charlotte\u2019s average advertised asking rents were up 0.1% on a trailing three-month basis through June, to an average of $1,594, according to the latest Yardi Matrix Charlotte multifamily market report. The rate was 10 basis points below the national figure, which clocked in at $1,749. Charlotte\u2019s rate had been slowly improving [&hellip;]<\/p>\n","protected":false},"author":436,"featured_media":9289,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,5,4],"tags":[448,513],"class_list":["post-9937","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metro-reports","category-multifamily-market","category-real-estate-trends","tag-charlotte","tag-multifamily-outlook-2025"],"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>Charlotte Multifamily Market Report \u2013 August 2025 - Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"Advertised asking rents in Charlotte were up 0.1 percent on a T3 basis through June, to $1,594--10 bps below the national average.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardimatrix.com\/blog\/charlotte-multifamily-market-report-august-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Charlotte Multifamily Market Report \u2013 August 2025\" \/>\n<meta property=\"og:description\" content=\"Advertised asking rents in Charlotte were up 0.1 percent on a T3 basis through June, to $1,594--10 bps below the national average.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardimatrix.com\/blog\/charlotte-multifamily-market-report-august-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Matrix Blog\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-05T07:07:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-11T07:19:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2025\/06\/Charlotte-iStock-2218820684-MHN.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adina Rogoz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Madalina Pojoga\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Charlotte Multifamily Market Report \u2013 August 2025 - 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