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Anderson Submarket
Summary
Anderson County is located in the southwestern sector of the
Greenville MSA. The city of Anderson is the largest
metropolitan area within the county. The Anderson submarket
represents nearly 10% of the overall Upstate apartment
market with 2,604 units.
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Greenville
Central Submarket Summary
The Greenville Central submarket is the smallest submarket
within Greenville county and the second smallest submarket
in the overall Upstate. The apartment communities that are
located in this submarket are not located in the central
downtown district, but rather on the outskirts of the center
city.
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Greenville
Northeast Submarket Summary
The Greenville Northeast submarket is by far the largest in
the Upstate apartment market. This submarket is heavily
concentrated with apartment communities along three main
corridors: Pelham Road, Old Spartanburg Road, and Wade
Hampton Boulevard. Greenville Northeast represents 10,148
apartments, or more than 37% of the total Upstate market.
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Greenville
Northwest Submarket Summary
The Greenville Northwest submarket contains 1,779 apartment
units, accounting for 6.5% of the overall market.
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Greenville
South Submarket Summary
The Greenville South submarket includes the cities of
Mauldin and Simpsonville, where most of the apartment
communities in this submarket are located. This submarket is
bordered to the north by I-85. With 5,773 units, Greenville
South is the second largest submarket accounting for over
one-fifth of the overall market.
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Greer Submarket Summary
Located along I-85 between Greenville and Spartanburg lies
the small community of Greer. Most residents of Greer
commute to jobs in Greenville, Spartanburg, or business
centers along the I-85 corridor. The Greenville/Spartanburg
Airport and the BMW facility are located on the southern end
of the submarket near I-85.
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Spartanburg
East Submarket Summary
Spartanburg East is bordered to the west by Highway 221 and
includes the eastern half of Spartanburg County. Apartment
communities in this submarket are concentrated along Highway
29. Spartanburg East represents 10% of the overall market
with 2,771 units.
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Spartanburg
West Submarket Summary
The Spartanburg West submarket is bordered to the east by
Highway 221 and includes the western half of Spartanburg
County.
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Market Data Information Source: © December, 2006 Real Data Aptindex
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