Columbia, SC Multifamily Market Report | Colliers | Q4 2025

Market Overview

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Columbia's multifamily market maintained relative stability in Q4 2025 despite reaching a 20-year construction peak, with rents and occupancy holding steady as new deliveries progressed through lease-up at a healthy pace. Class A occupancy exceeded historical averages at 92.3%, and workforce housing units kept rent growth measured against the market's robust household income growth of 3.43%. Downtown Columbia remained the construction epicenter as local officials continued to prioritize housing supply amid strong workforce expansion. With new construction and demand remaining broadly balanced, Colliers projects stability to continue through 2026.

‍About Colliers

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Colliers is a global real estate advisory and investment management firm serving owners, operators, and investors across major U.S. markets. Their Q4 2025 Columbia multifamily report tracks occupancy, rents, absorption, deliveries, and construction activity to help owners, developers, and investors assess market conditions and timing. To read the full report, click here.