Every city showed rent declines month-over-month and the last quarter of 2023. Only two (Rock Hill and Garner) managed to barely stay positive over the last six months.
| City | 1 Month | 3 Month | 6 Month | 1 Year |
| High Point, NC | -0.80% | -3.38% | -7.00% | -11.01% |
| Matthews, NC | -1.21% | -4.45% | -5.89% | -6.64% |
| Wilmington, NC | -0.92% | -2.40% | -3.95% | -4.38% |
| Morrisville, NC | -0.40% | -4.79% | -7.44% | -4.35% |
| Raleigh, NC | -1.15% | -3.27% | -4.13% | -2.97% |
| Cary, NC | -0.93% | -2.42% | -3.43% | -2.68% |
| Durham, NC | -1.23% | -3.32% | -3.80% | -2.01% |
| Simpsonville, SC | -0.90% | -2.88% | -5.09% | -1.46% |
| Burlington, NC | -1.16% | -3.39% | -3.15% | -0.75% |
| Charleston, SC | -1.00% | -4.25% | -4.83% | -0.70% |
| Mount Pleasant, SC | -0.87% | -1.81% | -1.13% | 0.35% |
| Winston-Salem, NC | -1.57% | -4.15% | -3.32% | 0.80% |
| Mooresville, NC | -0.36% | -0.36% | -2.09% | 0.86% |
| Apex, NC | -0.72% | -2.83% | -2.95% | 2.30% |
| North Charleston, SC | 0.00% | 0.27% | -0.99% | 2.43% |
| Greenville, SC | -0.09% | -0.88% | -0.61% | 2.91% |
| Greensboro, NC | -0.54% | -2.72% | -3.58% | 2.94% |
| Chapel Hill, NC | -0.97% | -0.97% | -0.92% | 2.97% |
| Fayetteville, NC | -2.40% | -5.43% | -4.37% | 3.09% |
| Charlotte, NC | -1.00% | -2.49% | -2.13% | 3.18% |
| Rock Hill, SC | -0.46% | -0.18% | 0.89% | 3.25% |
| Garner, NC | -0.08% | -0.24% | 1.33% | 3.47% |
| Huntersville, NC | -0.90% | -0.90% | -2.07% | 4.08% |
| Gastonia, NC | -0.98% | -0.88% | -2.03% | 4.10% |
| Columbia, SC | -0.39% | -1.63% | -1.47% | 5.35% |
Multifamily Market News 