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Corpus apartment overview 1Q 2015Corpus apartment overview 1Q 2015https://www.recenter.tamu.edu/news/newstalk-texas/?Item=10752015-05-08T14:43:00Z2015-05-08T09:22:00Z

CORPUS CHRISTI - Apartment MarketData Research Services LLC has released March 2015 data for Corpus Christi. The multifamily market data represent three months trailing (Jan.–Mar. 2015).

As a rule these represent all properties except those that are leased but not occupied units.

Multihousing Market Condition Comparison Jan.–Mar. 2015
Age
Group
Corpus Christi Texas
Units Occ. Rate Size Units Occ. Rate Size
< 1970 5,199 97.2% $0.881 845 115,216 96.1% $0.875 834
1970's 7,671 98.1% $0.927 810 355,392 95.8% $0.850 819
1980's 6,912 96.6% $1.026 761 468,033 96.6% $0.943 782
1990's 2,597 95.3% $1.050 880 192,525 97.0% $1.146 926
2000's 3,520 95.4% $1.136 935 259,916 96.6% $1.179 959
2010's 856 96.1% $1.350 937 58,242 95.8% $1.351 928
Totals* 26,755 96.9% $1.000 831 1,449,324 96.4% $1.011 852


Rate: Rental Rate is the average market rate expressed as ($/SF/month).
Size: The average size of each unit expressed as (SF/unit).
*Totals include four-bedroom units.

Find more! March 2015 Corpus Christi Multihousing Market Conditions Report.

Source: Apartment MarketData Research Services LLC, San Antonio

See Corpus Christi NewsTalk and Corpus Christi Market Research.

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