May 8, 2015
Corpus apartment overview 1Q 2015
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...
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.
| 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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