In order to collect the data to support the 2017 Market Study, a market survey of Lexington’s Southeast and Southwest sub markets was conducted. This quarter we conducted a phone/email survey to gather information regarding the total number of units, unit breakdown, unit size, current rental rates, and occupancy. Over 65 Lexington apartment communities were contacted for the survey.
The data collected was compared to the numbers from last year at this time to give us an accurate representation of how the market has shifted this past year.
For this Market Study, we compare the current numbers to the numbers from the 2016 Market Survey.
Download the 2017 Market Study