“Hello, and welcome to Greenville’s newest, luxury apartment… we’re redefining the way you live in Greenville.” – Headline of every new Greenville apartment website right now (basically).

Unless you live under a rock, you’ve seen the multitude of apartment complexes under construction in downtown and the West End. The question on all of our minds: Can we sustain all this growth?

How we got here:



In the last two years, we’ve seen four large complexes hit the market: 📍Link Apartments (43% pre-leased/occupied), 📍400 Rhett, 📍Main and Stone (49.3% pre-leased/occupied), and 📍South Ridge (84% occupied). Amongst the three complexes of which occupancy rates were available, the average occupancy rate sits at 58.7%.

More data worth knowing:

5,383 new Greenvillians are expected to be in the city by 2021 according to GreenvilleSC.gov. The estimated annual growth rate is 1.60%, down from 2.01% up until 2016.

48.4% of Greenvillians will be renters by 2021, which roughly equates to 16,982 available housing units needed to meet demand.

That’s an additional 1,327 housing units needed by 2021. If you add up the unfilled (actual apartment) units (from the four above) and the units that plan to become available from the list below, Greenville will have roughly 1,648 available housing units when all projects are complete. (Note: Housing units is the measurement used by the market profile report we got this data from.)



New Apartments Coming to Downtown and the West End

Overbrook Lofts

📍: E. North Street/Stone Ave.

Base 💵 : Studio | $1,000

Number of Units: 29 Lofts

Est. Open Date: Mid-April

District West

📍: 101 Reedy View Dr

Base 💵 : 1 BR | $1,181 (includes all amenities)

Number of Units: 365 (24% pre-leased)

Open Date: April, 2017

Ellison and Broad

📍: 212 E. Broad

Base 💵 : $1,420

Number of Units: 201

Est. Open Date: Early May

Greenville Lofts

📍: Academy St. (across from the Kroc Center)

Base 💵 : Studio | $950

Number of Units: 215

Est. Open Date: Late 2017





Camperdown Project (Watch: 3D rendering video by Greenville Webworks)

📍: E. Broad/S. Main

Base 💵 : Unknown

Number of Units: ~240

Est. Open Date: Unknown



The Greene Apartments

📍: 1100 S. Main St. (site of the former Pendleton Baptist Church)

Base 💵 : $1,600

Number of Units: 271

Est. Open Date: Late 2017 – Mid 2018

Now, we could go on and on about the supply, demand, population growth, market saturation etc. but here is the real question: Are we building to meet demand, or are we outpacing our growth with all this construction? Be a part of the conversation, and let us know your thoughts in the comments below.