The State of the Region: Hampton Roads 2018
Over the past decade, Hampton Roads has seen an increase in the construction of multifamily units, leading some to question whether there are too many apartments. Vacancy rates have started to decline and rent increases remain moderate, especially compared to many other cities in the United States.
Dragas Center for Economic Analysis and Policy, Old Dominion University, "Part 4: Too Much of a Good Thing? Multifamily Housing in Hampton Roads" (2018). State of the Region Reports: Hampton Roads. 5.