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7 Jul, 2026
Analysis | Latest
Augusta Market Update: Is the Sunbelt Supply Surge Finally Cooling Down?
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Written by James McLean

James McLean is the Head of Business Development at Radius+. James helps maintain external relationships with clients and assisting internally with the sales process. He also, manages internal data processes working alongside the operations team to ensure we are supporting high level data quality.

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This week the Radius+ team took a closer look at the Augusta-Richmond County, GA-SC CBSA. 

Augusta continues to grow as part of the broader Sunbelt expansion. The market saw significant supply growth in 2021 and 2022, followed by more moderate additions in 2023. New homes and steady migration have allowed the market to absorb this new supply efficiently. With less than 5% new supply currently in the development pipeline, the next few years should provide a window for occupancy to stabilize and rental rates to strengthen. Augusta appears positioned for a slow but steady rate improvement as the remaining lease-up inventory fills.

Historical Supply Growth in Augusta-Richmond County, GA-SC:

2021: 7.5%

2022: 6.6%

2023: .7%

2024: 3.2%

2025: 1.5%